The Mining Pod | Bitcoin Mining News

This is a cross-post of our latest Writer's Room for Bitcoin Season 2, a weekly back-and-forth between Blockspace's Charlie Spears and Colin Harper on hot news items and Bitcoin esoterica. You can find prior episodes on the Bitcoin Season 2 YouTube.

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How do previous Bitcoin crashes compare to this week’s Tariff Troubles? Colin and Charlie analyze Bitcoin's recent 30% drop from $109K to $76K in context of previous market crashes. We compare the COVID crash of 2020, the Terra/Luna collapse of 2022, and the FTX insolvency in November that same year. We cover how market sentiment in each crash despite similar percentage drops, explore how exogenous and endogenous factors affected declines and recoveries – plus, why the current drawdown, mired in macro turmoil, most resembles the March 2020 COVID crash.

Follow our guests: @cbspears @asilayhodling @btcszn2

Notes:

- Bitcoin down 30% from $109K to $76K

- Markets recovered 9.5% in one day

- Terra/Luna crash: 35% drop in one week

- FTX collapse: only 30% drop but worst sentiment

- US fiscal deficit at $36.7 trillion debt

- BitMEX "outage" may have saved 2020 crash

Timestamps:

00:00 Start

00:46 Bitcoin crashes, “don't buy it”

06:25 Macro lookback

14:00 Covid crash (march 2020)

23:18 Terra Luna crash (may 2022)

32:16 FTX Crash

38:43 Stay humble, stack sats

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Welcome to The Mining Pod! Will and Colin break down the harsh reality of bitcoin’s hashprice hovering around $40, putting many miners at or underwater. The hashprice woes couldn’t come at a worse time, as the Trump administration’s tariffs are poised to increase CAPEX costs for miners in the U.S. The Trump tariff chaos sent miners scrambling to charter multi-million dollar flights for ASIC imports in the eves before the administration effected a 90-day pause on its proposed policy. We also discuss Pakistan's plans to use Bitcoin mining for surplus electricity. And for this week’s cry corner, if you wanted to vastly outperform the market year to date, you should have invested in this ETF that is short ETH. 

# Notes:

- Hash price down to around $40

- Most public miners at break-even or underwater on direct costs

- Trump paused tariffs for 90 days, China still at 125%

- $2.33B of mining hardware imported to US in 2024

- Pakistan turning to Bitcoin mining for surplus power

- 2x inverse ETH ETFs up 247%, best ETFs of 2025

Timestamps:

00:00 Start

01:20 Difficulty Report

06:40 Tariff deadline scramble

15:35 Mining stocks

21:27 Pakistan BTC mining

28:39 Cry Corner: Is ETH ded?

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

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Welcome back to The Mining Pod! Today, Matt Prusak, CEO of American Bitcoin, joins us to discuss the strategic partnership between HUT 8 and the Trump family for its latest subsidiary, American Bitcoin. Hut 8 is reallocating nearly all of its self-mining assets (10 EH/s) to American Bitcoin and taking an 80% stake in the company. Prusak explains why Hut 8 has taken this approach to focus self-mining efforts with American Bitcoin while the parent company focuses on energy, infrastructure, and AI. Plus, he touches on American Bitcoin’s ambitious plans to reach 50 EH/s and the company’s plans to go public.

# Notes:

- HUT 8 allocated mining assets for 80% stake

- Starting with 10 EH/s, targeting 50 EH/s

- American Bitcoin will build own Bitcoin treasury

- Emphasizes "America First" Bitcoin ethos

- Plans to go public in the future

- Targeting sub-15 joules per terahash efficiency

Timestamps:

00:00 Start

01:45 Starting American Bitcoin

02:49 Business structure

03:43 What does Hut 8 gain?

04:52 AI & HPC pivot

06:19 New pools of capital?

07:32 New facilities?

08:21 Hut 8 & Bitmain deal

09:27 Roadmap

10:19 Power generation

12:00 Favoring domestic hardware?

13:28 Dividing responsibilities

14:41 Separate treasuries?

14:52 Financials & IPO

16:29 Two public companies

18:58 Fundraising

21:41 Balancesheets

22:58 Hut 8 expenses

26:36 Vibe shift

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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Welcome back to The Mining Pod! In this emergency market update, we analyze the brutal day for Bitcoin and mining stocks amid wider tariff-induced market terror. Bitcoin is below $80,000 and bitcoin mining stocks are bleeding. We examine the YTD declines for mining equities, how tariffs could impact miner CAPEX costs by 10-30%, and how the tariffs invite potential mining M&A consolidation.

# Notes:

- Bitcoin dipped below $80K, rebounded to high $70Ks

- Mining stocks down 50%+ YTD across the board

- 34% tariffs announced on Chinese goods

- Hash price compressed to around $40

- Marathon has ~50,000 Bitcoin on balance sheet

- Asics/infrastructure costs rising 10-30% with tariffs

Timestamps:

00:00  Start

01:59 China responds to tariffs

04:00 Crypto outflows

11:14 Miners stocks bleeding out

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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BITCOIN SEASON 2: Inside Bitcoin’s Darknet Markets

Sub-title (150 characters or so)

We’re exploring darknet markets, from their history with the Silk Road to how they function today. Bitcoin vs. Monero usage, exit scams, and why these markets look like they're stuck in 2004 despite handling billions in transactions.

Body (300 characters or so)

You're listening to Bitcoin Season 2. Subscribe to the newsletter, trusted by over 7,000 Bitcoiners: https://newsletter.blockspacemedia.com

Colin and Charlie dive into the seedy underbelly of cryptocurrency—darknet markets. From the early days of the Farmers Market to the infamous Silk Road and beyond, they explore how these marketplaces function, why they initially struggled without Bitcoin, and the recent shift from Monero back to Bitcoin following exchange delistings. With $2 billion in annual volume yet surprisingly flat growth, they examine the robust review systems, exit scams, and why these sites stubbornly maintain their 2004-era aesthetics.

Disclaimer: This episode discusses drugs and illegal activities for informational purposes only.

Follow our guests: @cbspears @asilayhodling @btcszn2

Notes:

- Darknet markets processed ~$2-3.5B annually

- Farmers Market (2006) had only 3,000 users

- Silk Road processed $182M from 100,000 users

- Market volume remained flat despite crypto growth

- Monero losing popularity after exchange delistings

- Kraken darknet market: ~$800M volume in 2024

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

Timestamps:

00:00 Start

01:50 Chainalysis Darknet Market Report

05:15 Farmer's Market

14:27 After Silk Road

16:11 Arch

16:42 Rise of Monero

23:38 Quality control

29:24 Exit scams

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

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Welcome to The Mining Pod's news roundup! Colin Harper and Matt Kimmel are joined by special guest Ethan Vera, the COO of Luxor, to discuss one of the most electric weeks for bitcoin mining news this year. They break down Hut8's new Trump-affiliated subsidiary American Bitcoin, Galaxy Digital's 15-year, $4.5 billion hosting agreement with CoreWeave, and how the Trump administration's blanket tariffs are bad news for miners and could lead to a 20-30% rise in ASIC miner prices. Plus, they cover Cango’s proposal to sell its auto-finance business to a Bitmain-linked entity for $352 million, and for this week’s cry corner, why Jack Dorsey thinks Lightning just isn’t cutting it.

# Notes:

- Hash price at pre-election lows of $40/PH/s/day

- Hut 8’sTrump-backed American Bitcoin

- Galaxy-CoreWeave deal worth $4.5B over 15 years

- New tariffs that will impact miners: 36% Thailand, 32% Indonesia, 24% Malaysia

-Cango proposes to sell its autofi business for $352 million

- Jack Dorsey: "We can do better than Lightning"

Timestamps:

00:00 Start

01:50 Difficulty Report

04:58 Trumps enter BTC mining

11:14 Galaxy CoreWeave deal

16:14 Tariffs are taxes

25:14 Cango Exits Auto Business

30:40 Cry Corner-LN a failure?

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 10,000 Bitcoiners: https://newsletter.blockspacemedia.com

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Welcome back to The Mining Pod! Today, Sam Callahan joins us to discuss his viral research on institutional Bitcoin ETF holders. Sam manually analyzed 1,573 public filings to uncover who's buying Bitcoin ETFs – and how much they are buying. Callahan explains how each fund’s approach differs, how sovereign wealth funds are quietly accumulating, and why these inflows prove that bitcoin has crossed the rubicon into new financial territory. Plus, why pension funds, endowments, and financial advisors are the critical gateway for mainstream bitcoin adoption.

# Notes:

- Median Bitcoin ETF allocation is just 0.13%

- 1,573 institutions with Bitcoin ETF exposure

- Abu Dhabi Wealth Fund has $473M Bitcoin position

- BlackRock recommends 1-2% Bitcoin allocation

- Only 19% of 13F filings had Bitcoin exposure

- Top fund positions range from 5-16% allocation

Timestamps:

00:00 Start

01:25 Data collection

06:14 Surprises

09:17 Other commodity holdings

11:30 Riding the ETF wave?

24:24 Interesting BTC holders

29:20 Other potential holders

43:15 Tracking going forward

46:22 Mining stock still considered leveraged BTC?

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

We dive into GameStop's surprising announcement to raise $1.3 billion in convertible notes, potentially to buy Bitcoin. The hosts explore how this connects to the 2021 meme stock saga that gave GameStop its massive cash position, Ryan Cohen's relationship with Michael Saylor, and whether this Bitcoin strategy is a life raft for a retail gaming business in decline. With GameStop's revenue dropping from $8.5B to $3.8B over eight years, is this a smart pivot or just vibe investing?

Notes:

- GameStop announces $1.3B convertible note offering

- Revenue declined from $8.5B to $3.8B in 8 years

- Company has $4.76B cash on balance sheet

- Cash position largely from 2021 meme stock frenzy

- Zero debt after paying off all loans

- Saylor posted photo with Ryan Cohen: "Team Bitcoin"

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

Timestamps:

00:00 Start

00:28 GameStop enters the chat

02:05 GME be buying

07:58 Roaring Kitty Redux

10:43 Financials

13:25   Arch

13:56 Business evolution

20:14 Volatility trade

25:28 Not a crazy pivot

30:22 BTC makes an honest market or not...

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

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Welcome back to The Mining Pod! This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze CoreWeave's IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe's mining operations exit to NYDIG, Riot's $185M offer for Rhodium's Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

Notes:

- Difficulty adjustment estimated at 5.6%

- Hash prices at $48.63 per hash per day

- Network hash rate approaching 850 EH/s

- Core Weave IPO reduced to $1.5B from $4B

- Riot offering $185M for Rhodium assets

- Crusoe selling all mining operations to NYDIG

Timestamps:

00:00 Start

02:16 Hashrate Forecast

04:56 What’s up with CoreWeave?

06:31 Kramer video

17:38 Crusoe Sells Assets to NYDIG

21:52 Riot and Rockdale

25:37 Cry Corner: CATS, Wizards vs Ocean

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Welcome back to The Mining Pod! Today, Sanjay Gupta, CSO of Auradine, joins us to discuss the Teraflux A3880, a hydro-cooled, U2 server rack form factor Bitcoin miner. Clocking in at 600 TH/s and 14.5-16.5 J/TH efficiency, the A3880 applies a tried-and-tested server design from traditional datacenters to the world of bitcoin mining. Gupta explains why Auradine decided to design the model after input from its clients and the advantages of a server rack form factor over traditional shoebox miners, and how this design overlaps with AI and HPC computing infrastructure. Plus, he discusses some of the challenges and triumphs of ramping up Auradine’s ASIC manufacturing capacity to 1,000 units per week.

Notes:

- Terra Flux A3880: 600 TH/s at 14.5-16.5 J/TH

- U2 server rack form factor for density & cooling

- Current production capacity: thousands of units/week

- $250M in bookings, $500M+ in pipeline

- US-designed, diverse manufacturing locations

- Auto-tuning tech for load balancing with AI/HPC

00:00 Start

03:35 New ASIC miner model

05:37 Why hydro not immersion?

08:40 U2 vs shoebox form factor

12:32 Production capacity

15:43 Production of hydro vs other

18:20 Tariffs & on-shoring

23:16 De-risking tariff & sanctions

26:25 Pre-order numbers

28:16 Public vs private buyers

30:53 HPC influencing from factor?

35:45 Tandem workloads

36:42 Hydro cooling design

40:21 Testing process

43:12 Future plans

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.  

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President Trump makes a pivot from Bitcoin to stablecoins in his latest policy statements. Reality check: stablecoins now account for over 50% of all crypto settlement volume, with Tether becoming the 7th largest holder of US Treasuries globally. We break down how stablecoins are being used in emerging markets, why Tron dominates the stablecoin landscape despite centralization concerns, and what this means for Bitcoin's relationship with the traditional financial system.

Notes:

- Tether is 7th largest buyer of US treasuries globally

- Stablecoins now 50% of all crypto settlement volume

- Tether holds $113 billion in treasuries

- Tron handles ~40% of stablecoin transactions

- Tether earns ~$4 billion yearly on Treasury yields

- Trump now promoting stablecoins for dollar dominance

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

Timestamps:

00:00 Start

00:34 Trump video

03:09 Reaction

06:53 Tether buying treasuries

11:08 Other stablecoins

17:35 Arch Network

18:05 The Tether Eye of Sauron

20:10 Who's using stablecoins

22:18 Where are stablecoins traded?

26:31 Volume of all crypto transactions compared

32:33 A realistic view

-

👉 Brought to you by Arch Network! Arch brings the speed of Solana & the best of crypto UX to Bitcoin. Tap into the rich app ecosystem on Arch & try out the testnet while you’re still early! Visit arch.network to learn more.

-

👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Enjoy the show? Check out our website and newsletter by clicking here.

Questions or want to sponsor? hello@blockspace.media

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Dek/excerpt: Slightly over 30 minutes, but we hit all the mining stories you care about this week!

Body:

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Welcome to another packed episode of The Mining Pod! Hosts discuss the current hash price bear market, with difficulty adjustments continuing to increase despite declining profitability. They explore CBP's ongoing seizure of Bitcoin miners at the border, possibly costing companies millions in holding penalties. Plus, discussions on the TVA and DOE's push for nuclear energy, Bit Farms finalizing its acquisition of Stronghold Digital Mining, the SEC's clarification on proof-of-work mining activities, and OBM and Toya Energy's patent victory against Lancium. Finally, the team examines the sharp decline in mining community engagement.

Notes:

- Hash price at $47.50/PH/s/day

- 8 of 10 recent difficulty adjustments increased

- BitFarms now has 60% of megawatts in US

- Mining stocks down ~50% year to date

- Mining community engagement down ~80%

00:00 Start

02:27 Difficulty Report by Luxor

06:55 Update on US border troubles

11:02 SEC: No news is good news

11:04 Baseload energy & flexible loads

19:26 SEC: No news is good news

21:35 Stronghold, Bitfarms confirm merger

25:55 Foreman, Cholla Energy vs Lancium

31:29 Cry corner: Mining Mafia drama

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 10,000 Bitcoiners: https://newsletter.blockspacemedia.com

Want to mine Bitcoin? Check out the Blockspace Media store today!

Welcome to The Mining Pod! Charlie Brady, VP of Investor Relations at BitFuFu joins us to dive into their Bitcoin mining operations. We explore their strategic expansion in Ethiopia with electricity costs under $0.04/kWh, their new 51MW Oklahoma facility targeting $0.03/kWh, and their cloud mining business that's grown to over 600,000 users. Charlie shares insights on their asset acquisition strategy, relationship with Bitmain, and plans to reach 1GW of secured power capacity by 2026.

Notes:

BitFuFu currently has 20.6 EH/s and 480MW hosting capacity

Ethiopia electricity costs below $0.04/kWh

Oklahoma site targets $0.03/kWh power costs

Cloud mining business grew to 602K+ users

Cloud mining = ~60% of company revenue

00:00 Start

02:09 Charlie's bio

02:31 Why work for BitFuFu?

04:00 Ethiopia

05:35 Ethiopia expansion

07:12 Ethiopia political stability

09:26 Oklahoma

11:58 Pathway to gigawatt?

12:59 AI & HPC

15:39 Bitmain influencing any AI decisions?

18:39 Cloud contract numbers

20:28 Who are the cloud customers?

26:18 Bear market for mining stocks

29:44 Hosting

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com

Want to mine Bitcoin? Check out the Blockspace Media store today!

Welcome to The Mining Pod! Matt Kimmell and Will cover the week's biggest stories in Bitcoin mining. We analyze the challenging hashprice environment for miners (hitting all-time lows at $42/hash), discuss the EPA's major deregulation announcement and its potential impact on energy markets, break down Canaan's $200M funding for US expansion, examine CoreWeave's massive $11.9B OpenAI deal ahead of its IPO, and dive into the drama between NYDIG and Mawson over allegedly stolen Bitcoin miners worth $30M.

Notes:

Hash price at all-time low of $42 per hash per @luxor

EPA launching 31 deregulatory actions for energy

Canaan secured $200M for US mining expansion

CoreWeave signed $11.9B OpenAI contract

Nydig claims Mawson stole $30M worth of miners

Timestamps:

00:00 Start

07:21 EPA to slash regulation

14:03 Canaan $200M in financing

20:41 CoreWeave & OpenAI sign deal

28:50 Cry corner: Stone Ridge & Mawson $30M Theft

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Daniel Leslie, CTO of Coin Safe Limited, joins us to discuss Bitcoin mining in Australia. Despite Australia's massive size, its mining footprint remains tiny at around 100MW total capacity. Daniel explains how Australia's renewable-heavy grid (35-39%) creates price volatility and operational challenges similar to Texas. He shares insights on how miners could become crucial grid-balancing assets by consuming excess renewable energy and acting as "buyers of last resort." With abundant resources and a secure business environment, Australia could follow Texas's path to becoming a mining powerhouse.

Timestamps:

00:00 Start

02:30 Australian Bitcoin mining market

04:47 Homegrown mining or foreign investment?

06:30 Energy mix

13:41 have renewables hindered mining growth?

19:45 Using coal as flex generation

24:41 Gov incentives for grid connection

27:29 New interest in BTC mining

34:16 Grid connection approval times

41:10 Huddles to adoption

Notes:

• Australia has ~100MW of Bitcoin mining capacity

• 79% of installed renewable capacity gets curtailed

• Miners operate at grid edge due to price volatility

• Nuclear plants proposed for each Australian state

• Energy operators now open to Bitcoin mining JVs

• Grid regulates coal down when renewables produce

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com

Want to mine Bitcoin? Check out the Blockspace Media store today!

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

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Charlie and Matt fill in for Colin and Will on this week's Mining Pod. They discuss Core We've's public listing plans and its 12-year, $10.2B contract with Core Scientific, making it the AI darling of American markets. They debunk rumors about Microsoft canceling CoreWeave contracts, cover US customs releasing seized Bitcoin miners after months of delays, and analyze Cathedra's $21M sale of a 60MW North Dakota mining site. The episode wraps with insights on market volatility driven by Trump's tariff policies and how Scott Bessent's Bitcoin knowledge influences economic decisions.

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Notes:

• Difficulty adjustment expected at +1.16%

• Hash price bottomed at $45/PH/s/day in February

• CoreWeave 2024 revenue: $1.92B (77% from 2 clients)

• Cathedra sold 60MW site for $350K per megawatt

• Mining equipment being released by US customs

• Market volatility from Trump's tariff policies

Timestamps:

00:00 Start

01:55 Difficulty update

05:12 Coreweave IPO?

09:39 Coreweave MSFT FUD

14:54 Customs mining rig seizures

24:09 Cry Corner: Tariff Tug of War

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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Welcome back to The Mining Pod! Today, Haley Thomson, director of energy trading at Luxor

Technologies, joins us to dive deep into ERCOT's unique energy market and how Texas plans to manage the incoming wave of AI and HPC data center demand. We explore battery storage solutions, creative power generation approaches, and why Texas has become the epicenter of both crypto mining and AI computing infrastructure.

Notes:

• ERCOT expects 150GW peak demand by 2030

• ERCOT current peak load is 84GW (2024)

• 6GW of data center demand expected next year

• 24GW solar deployment planned 2024-2025

• 13GW storage deployment planned 2024-2025

• $40B worth of nat gas plants proposed

Timestamps:

00:00 Start

02:02 ERCOT's surging power demand

05:37 2023 power price spikes

10:42 ERCOT energy storage plans

17:58 Does storage help AI data center demand?

24:02 Baseload buildout trailing demand

30:01 PGM vs energy only

36:33 Creative energy work arounds

39:16 Does off grid power scale?

40:19 Types of AI power demand

45:35 Hyperscalers buying mining sites

48:40 Wrap up

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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Welcome back to The Mining Pod! For today’s Bitcoin Stock Show, MARA’s Chief Strategy Officer Adam Swick joins to discuss the forward-looking plans CEO Fred Thiel mentioned in MARA’s 2024 earnings call. Specifically, Swick unpacks claims that MARA wants to offshore 50% of its operations by 2028 by entering into similar joint-ventures as its Zero Two partnership in the UAE. Swick also speaks to the company’s goal to own more energy-generating assets in the United States and how it would finance such purchases. Finally, why MARA is so hot on the new ASIC manufacturer, Auradine, and whether or not we should expect MARA to enter the inference field for AI compute.

You can listen to MARA's 2024 earnings call here.

• Mara went from 0% to 70% owned mining assets

• Q4 revenue: $214.4M with lower operating costs

• Target: 50% of operations outside US by 2028

• Wind farm acquisition extends life of older miners

• Auradine partnership delivering quality ASIC miners

• Focus on AI inference rather than training models

Timestamps:

00:00 Start

03:53 MARA lowering OpEx

06:24 Trend toward owned assets

09:01 Zero cost mining

14:17 Debt financing BTC purchases

19:27 Considering power production

22:01 Foreign mining sites

27:08 Has Africa been sufficiently de-risked?

30:25 Free-er energy markets vs controlled

33:57 Auradine

40:40 AI & HPC

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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Welcome back to The Mining Pod! Today, hosts Colin and Will dive into the ongoing saga of US Customs and Border Protection seizing Bitcoin mining hardware at various ports of entry. Initially targeting Antminer units in late 2024, the seizures expanded to include equipment from Whatsminer and Canaan, costing some companies millions in detained assets. The hosts explore how industry lobbying - particularly through Senator Lummis and connections to the Trump administration - has begun to resolve the situation, along with theories about why these unprecedented seizures occurred in the first place. Could this push more manufacturing onshore?

Timestamps:

00:00 Start

02:17 History of seizure trend

09:08 Lobbying the government for release

17:42 Follow on effects

20:13 Bitmain plans

24:20 Conspiracy corner: Evil or Entropy

Notes:

- $5 million worth of hardware seized from one company

- Seizures expanded beyond Antminer to Whatsminer/Canaan

- Detentions began Sep 2024, escalated to seizures Feb 2025

- Shipments being released after industry lobbying

- Sen. Lummis and White House helped resolve situation

- CBP cited unauthorized communications equipment laws

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Welcome back to The Mining Pod! For this week’s news round, the boys are back, and they came with receipts on the billions of dollars institutions have invested in public bitcoin miners. Plus, BitFuFu is expanding its presence in the United States with a $20.4 million deal for an Oklahoma bitcoin mine, and Core Scientific could be altering its AI/HPC strategy with an acquisition of its own. The Texas Blockchain Council also has a report for us on just how many jobs bitcoin mining has created in the U.S.A. And for this week’s cry corner, why Argentina's President Javier Milei is staring down the barrel of impeachment after his involvement with a memecoin rugpull.  

Notes:

• Hash price at $55/TH/day
• Expected -2.47% difficulty adjustment
• BlackRock, Vanguard own ~$4B worth of bitcoin miners
• BitFuFu is buying a 51 MW OK mine for $20.4M
• Texas mining: $4.23B economic impact
• Core Scientific: $400M Alabama investment

Timestamps:

00:00 Start

01:30 Difficulty report

05:18 Institutions own 40% of mining stocks

11:34 BitFuFu

19:55 Bitcoin Mining Adds 31k Jobs to US

26:10 Core buying an AI data center?

32:46 Cry Corner: Got them LIBRA blues

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Welcome back to The Mining Pod! Today, Harry Sudock, SVP of CleanSpark, joins us to dive deep into the company's pure-play Bitcoin mining strategy. Harry breaks down their four-pillar approach: energy efficiency, Bitcoin focus, operational excellence, and capital stewardship. We explore Clean Spark's portfolio strategy versus mega-sites, market valuations, and the evolving landscape of Bitcoin mining stocks. Plus, Harry shares insights on institutional investment trends and the future of mining operations.

Notes:

• Mining cost $36,250 vs $80-90k market price per BTC
• Operating 31 facilities with 39 EH/s total capacity 
• Holds 10,000+ self-mined BTC on balance sheet
• Growth target from 39 to 50 EH/s underway

Timestamps:

00:00 Start

03:15 Reflecting on the industry

10:29 Company valuation

17:41 Portfolio vs hyperscale model

21:09 Press release pumping

24:44 Industry analysts

32:59 Mining in the USA

36:54 Miner ETFs

41:43 Courting Wall Street

44:29 Premium in stack value

46:51 2025 & beyond

49:38 Transition to dividend model

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com

Want to mine Bitcoin? Check out the Blockspace Media store today!

Welcome back to The Mining Pod! Today, Erik and Phillip from Gridless join us to discuss Bitcoin mining in East Africa. From dealing with wildlife to building custom mining software, they share how they're monetizing stranded energy assets and electrifying rural regions for the first time ever. Learn about their revenue-sharing model, remote management systems, and how Bitcoin mining is transforming energy development across Africa.

Notes:

• East African Mining Expansion

• Stranded Energy Monetization

• Remote Site Management

• Bitcoin Treasury Strategy

• Rural Electrification

• Africa Risk Management

Timeline

00:00 Start

03:15 Bio

05:59 New Biomass Site

07:44 Remote management

11:00 we don't pay for power

14:40 Challenges in the field

17:46 Ethiopia

25:39 History of the TVA

31:41 Risks (theft, climate change)

36:27 Raising money

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews

on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s now openly acknowledged that the crypto industry has been targeted for years by the previous administration’s Operation Chokepoint 2.0 scheme. Charlie & Colin discuss how last week’s hearing saw Senators Warren & Scott addressed the matter before the House Financial Services Committee. We explain how we got here and where we might go as an industry.

Notes:

• History of regulatory scrutiny

• FTX Fallout

• Operation Chokepoint 2.0 Hearing

• Elizabeth Warren changes tune

Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.

Chapters:

03:23 – Operation Choke Point 2.0: Background & FTX Fallout

07:20 – Nick Carter’s Revelations & Chokepoint Analysis

09:23 – Silvergate’s Story & the 15% Deposit Cap

18:09 – House Financial Services Committee Hearing Recap

25:05 – Elizabeth Warren’s Pivot & Broader Political Implications

42:41 – Future Outlook: Could There Be a Choke Point 3.0?

-

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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

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You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com

Welcome back to The Mining Pod! For this week’s news roundup, Colin and Matt talk about the big story Blockspace broke this week: the U.S. Customs and Border Protection agency is seizing Antminer ASICs at ports of entry, and it’s also started to detain MicroBT and Canaan units. Plus, the $500 billion Chinese tech giant Tencent ups its stake in newly-christened public bitcoin miner Cango to 15.6%. They also touch on Bit Digital’s WhiteFiber AI rebrand, and why Riot’s newest board member signals that it’s getting increasingly serious about an AI pivot. The duo also welcomes Luxor Director of Energy Trading Haley Thomson to discuss what the AI boom means for Texas power prices. And for this week’s cry corner: bitcoin obituaries are dead – all hail number go up.

Timestamps

00:00 Start

01:20 Difficulty report

04:33 CBP crackdown on ASICs

12:08 Tencent owns 15% of Cango

18:05 Haley Thomson, Dir of Energy Trading @ Luxor

30:52 Bit Digital rebrands AI/HPC as WhiteFiber

32:24 Riot appoints Jamie Leverton to board among AI/HPC probe

34:27 Cry Corner: Bitcoin obituaries are dead

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Welcome back to The Mining Pod! For today/s Bitcoin Stock Show, Bit Digital CEO Sam Tabar joins to talk about WhiteFiber, the company’s AI/ HPC business line. 

This week, Bit Digital rebranded its AI/HPC business to WhiteFiber in a bid to distinguish it from its bitcoin mining business. Sam discusses the motivation for the rebrand, teases plans to spin out WhiteFiber as a standalone entity, and Bit Digital’s timeline to grow its AI/HPC capacity from 4 MW to 32 MW by the end of 2025. Plus, the burning question: what does all of this mean for Bit Digital’s bitcoin mining business?

Timeline

00:00 Start

02:24 What is WhiteFiber?

05:37 HPC expertise

12:14 Colocation vs GPU as service

14:50 Development timeline

16:51 Debt financing?

20:09 ETH bags getting heavy

24:58 Clients

26:15 When to spin out White Fiber

29:01 Exiting BTC mining?

32:16 Benefits of the Bit Digital model?

34:04 Canada & US sites

34:25 Stargate & Deep Seek

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

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Welcome back to The Mining Pod! Today, Skot from the Bitaxe project and Econoalchemist from Pod256 join the show to talk about open-source Bitcoin mining hardware.

From hitting a Bitcoin block during a mining charity event to developing standardized hash

Boards, we talk about Bitcoin mining hardware. Learn about their Skot and Econoalchemsts take on the Bitmain monopoly and attempt to make Bitcoin mining accessible to everyone.

Notes:

• BitaxeOpen Source Project

• 256 Foundation Mission

• Breaking Mining Monopolies

• Standardized Hash Boards

• DIY Mining Innovation

• Hardware Democratization

Timestamps

00:00 Start

01:59 Telehash & hitting block

05:26 Intros

12:51 256 Foundation mandate?

16:02 BitAxe users

18:53 AmberOne project

22:08 Designer BitAxe culture

27:24 Mining centralization

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the

Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Colin, Will, and Matt are back at it this week with a packed docket of news. Bitdeer has acquired the rights for a $90 million, 101 MW natural gas power plant in Alberta in a bid to become even more vertically integrated, and Cipher cashes in on Project Stargate with a $50 million investment from Softbank. Plus, two cheers for taxation (but not actually): Russia has codified a tax code for bitcoin miners, and a Nebraska Senator introduces a bill for a $0.025 per kw excise tax on bitcoin miners. For our last news item, Trump wants to launch bitcoin ETFs, because memecoins just weren’t sophisticated enough. And for this week’s cry corner, why Ethereum is no longer deflationary and what a croissant can tell us about the future of ETH issuance (seriously). 

Subscribe to our newsletter! https://newsletter.blockspacemedia.com/

Timestamps

00:00 Start

02:21 Difficulty report

05:03 Bitdeer Power Plant

11:32 Softbank invests $50m in Cipher

16:18 Russian miners reporting & taxes

22:20 Nebraska rate hike

28:17 Bitcoin Plus ETF

32:20 Cry corner: uLTrA SOunD MooONeeY

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For today’s Bitcoin Stock Show, Kevin Dede, a managing director of equity research at investment bank H.C. Wainwright, joins to discuss AI/HPC hybrid bitcoin miners vs. pure-play ones – specifically, which strategy Dede is bullish on for 2025 and beyond. We touch on what the $500 billion project Stargate means for bitcoin miner AI aspirations, what he thinks of Riot and Bitfarms evaluating their sites for an AI retrofit, which miners he favors in the AI race, and more. 

Timestamps

00:00 Start

02:40 AI vs pure play miners

06:30 Constraints of Mining & network effects

08:55 Hashrate growthrate per year

09:50 Predicted hashrate growth

11:09 Project Stargate

15:54 Infrastructure vs computes plays

22:11 Investor perception

23:07 Riot pause

28:15 Is it too late to HPC convert?

31:18 Core Scientific

39:28 Favorite miner pivoting to AI

43:57 Does AI push miners out of USA?

49:47 Bitdeer's HPC pipeline

54:28 Tiny Texas town

56:51 Hive in Paraguay

Subscribe to our newsletter! https://newsletter.blockspacemedia.com/

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Andrew Burchwell from the Ohio Blockchain Council joins us to discuss Bitcoin mining in Ohio. From groundbreaking state

legislation and strategic reserve bills to the challenges with utility tariffs, Andrew shares insights on building Bitcoin-friendly policy at the state level. He also dives into Ohio's energy future, the role of natural gas and nuclear power, and how Bitcoin mining fits into the state's industrial development plans.

Subscribe to the newsletter!

Notes:

• Ohio Bitcoin Strategic Reserve Bill

• Energy Policy Transformation

• Utility Tariff Challenges

• State-Level Bitcoin Advocacy

• Trump Administration Impact

• Education & University Programs

Timestamps:

00:00 Start

03:37 Andrew bio

05:29 Ohio Blockchain Counsel

08:58 Mining & legislators

12:15 Miners in Ohio

14:00 North American Blockchain Assoc

16:42 Trump & Regulations

21:22 Ohio Strategic Bitcoin reserve

23:32 Current state of BTC lobbying

27:35 What topics to focus on?

29:51 BTC & anti-state sentiment

35:56 How to get involved

38:15 Electricity tariff

40:17 Pushback from utility providers

41:16 Unlikely allies

44:04 Degrowth policy

45:06 Energy policy in Ohio

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Colin and Matt are back for this week’s news roundup. They touch on Hive’s $85 million, 200 MW acquisition of a Yguazu, Paraguay bitcoin mine from Bitfarms. Plus, Grayscale launches a bitcoin miner ETF, a home-mining device wins a $330,000 bitcoin block for charity, and why the market freaked out over DeepSeek this week. And for this week’s cry corner, why you shouldn't trust Brad Garlinghouse’s call for crypto unity. 

Timestamps:

00:00 Start

02:57 Difficulty report

18:28 Grayscale miner ETF

33:26 Hashrate Fundraiser Mines Block

37:28 DeepSeek

43:36 Cry corner: Ripple CEO Very Sad

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at newsletter.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor: Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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Welcome back to The Mining Pod! For this week’s Bitcoin Stock Show, Colin welcomes Hive Executive Chairman Frank Holmes and CEO Aydin Kilic to discuss the company’s LOI to acquire Bitfarms’ 200 MW bitcoin mine in Yguazú, Paraguay for $85 million ($56 million for the site, $19 million for the PPA, and $10 million for construction contract). Once fully energized, the acquisition and Hive’s other, 100 MW site in Paraguay should catapult the company from 6 to 25 EH/s under management. During the conversation, Holmes and Aydin discuss why they are putting so many chips on Paraguay, the timeline for the 200 MW site’s completion, why they are outfitting it with Antminer S21 Hydros, and more. 

Timestamps:

00:00 Start

01:52 Deal process

07:48 Capital access & foreign mining sites

17:24 Tariffs on energy

24:15 Paraguay roll out phases

28:58 Cooling

32:02 Deal hand off

33:22 PPA

34:35 Regional power make up

39:24 Other Paraguay site?

40:08 2025 predictions

43:57 Energy as sovereign asset

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at newsletter.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor: Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Erick Vera, the Latin America business development lead at Luxor, joins today to discuss the bitcoin mining industry in South America. Vera gives us a rundown of the region’s bitcoin mining hotspots – namely, Paraguay, Argentina, and Brazil – and digs into the nuances, challenges, and opportunities bitcoin miners face in each country, including Paraguay’s gobs of hydro power, Brazil’s abandoned manufacturing sites that are ready for miners, and Argentina’s oil and gas field bitcoin mines. He also touches on other South America countries he thinks are primed for bitcoin mining adoption. 

Timestamps:

00:00 Start

02:14 Countries active in Latin America?

03:17 Venezuela

04:59 Active MW

06:00 Brazil & Argentina

12:45 Brazil & Paraguay hyrdopower

15:18 Paraguay regulations

21:04 Import tariffs

24:59 More tariffs, more problems

30:57 Migration & business classification

34:02 Slow growth in Brazil?

37:06 Abandoned industrial sites

40:55 Argentina

46:22 Argentina off grid sites

48:16 Other promising sites

51:07 Wrap up

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at newsletter.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor: Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Ross Ulbricht is free, full pardon! But how did we get here & what actually was the Silk Road? Colin & Charlie dive in on this episode of Bitcoin Season 2.

-

Follow our hosts on X: @cbspears, @AsILayHodling

Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin.

Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, the gang covers news that Blockspace broke regarding a surprising mixed decision in Crusoe and Upstream Data’s patent dispute. Plus, Lancium gets in on the Project Stargate action with a 1.2 GW AI campus, a data recap from Hashrate Index’s 2024 Year-in-Review, and TSMC is fabbing ASIC chips for Bitdeer’s SEALMINER series in the U.S.A. And finally, for this week’s cry corner, scammers hijack Riot Platform’s X account to lure folks into the Solana memecoin casino. 

Timestamps:

00:00 Start

01:28 Difficulty report

05:36 Crusoe & Upstream

14:54 Lancium’s Project Stargate Deal

27:34 Hashrate Index 2024 Year-in-Review

45:36 TSMC US fabbed chips for Bitdeer

51:34 Cry corner: Riot Hack

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’ Bitcoin Stock Show, Colin sits down with Cathedra Bitcoin COO and President Drew Armstrong of Kungsleden Founder Tom Masiero, whose companies merged last year. They talk about Cathedra/Kungsleden’s infrastructure plays and strategy, bitcoin mining hosting vs. pure-play mining business strategies, what we can expect from the AI/HPC plays that are so hot right now, what Trump means for the bitcoin mining industry, and more.

Timestamps:

00:00 Start

02:33 Stas Per Share memo

05:41 Synota deal

11:13 Hosting market

16:35 Hosted v self mining

22:15 Lesson learned last cycle

27:39 Kungsleden Merger

33:14 Core Scientific pivot

37:47 Buying AI GPUs

42:18 Trump changes

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Michael Carter (Bits Be Trippin) joins us to share his

recent experience with city council meetings and mining facility approvals. From sound

regulations to economic impact studies, Michael breaks down the challenges of establishing

mining operations in municipal areas. Plus, we dive into 2025 forecasts, ASIC developments,

and the evolving landscape of Bitcoin mining infrastructure.

Timestamps:

00:00 Start

02:22 BBT updates

05:55 City council meeting

15:24 City zoning & mining

20:36 Anti-bitcoin sentiment?

25:48 Considering human impacts

28:34 Raising privet investment

36:19 Complexity of difficulty

41:15 New ASICs

45:58 Overheating Bitmain rigs

52:02 2025 outlook

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s Bitcoin Stock Show, we welcome back Second Gate Advisory Co-founder Brandon Bailey for a refresher on Bitdeer. Bailey first came on the show in September 2024 after penning an op-ed for Blockspace, “The bullish case for Bitdeer.” Since this analysis, Bitdeer is up 240%, and he thinks it has room to grow, largely because of the company’s burgeoning ASIC manufacturing line. We touch on the ASIC manufacturing line in depth in this episode, plus some insights into other newcomers to the ASIC manufacturing space. 

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s news roundup, Colin and Will dig into Tether’s lawsuit against Swan Bitcoin, the latest development in a now two-front legal dispute over the companies’ bitcoin mining joint venture. Plus, the U.S. government is issuing trade restrictions against Sophgo, a Chinese computer chip company helmed by Bitmain CEO Micree Zhan, and F2Pool might be filtering transactions from OFAC-sanctioned Bitcoin addresses again. And finally, for this week’s cry corner, a Bitcoin mining company’s guerrilla sales tactic to get Ethereum DeFi platform AAVE to invest its treasury into bitcoin mining.

Timestamps:

00:00 Start

02:30 Difficulty report

04:49 Tether sues Swan

16:14 BitFuFu Plans Oklahoma Mine

24:52 F2Pool Censoring TXs

33:37 Cry corner: AAVE to mine BTC?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, the CEO of Hashlabs Mining, Jaran Mellerud, joins Colin to discuss Bitcoin mining in Finland, Iceland, Norway, and Sweden. Bitcoin mining on the European market is almost exclusively confined to these Nordic countries – this episode explores why. Jaran and Colin discuss power markets in these countries, why mining has gotten more expensive in Sweden and Norway, the toothless attempt to ban mining in Norway, how bitcoin miners are helping with district heating in Finland, and more.

Timestamps:

00:00 Start

01:53 Jarran intro

02:31 Why is hashrate concentrated in Nordic countries?

05:42 How has mining there changed recently?

16:33 Cooling Hashlabs

20:37 Finland nuclear surplus

23:06 Finland district heating

24:53 Is Norway banning mining?

29:02 Iceland vs Norway AI data centers

31:25 Public vs private mining

33:16 Bitdeer expanding Norway

36:59 Iceland & Finland hydro & geothermal

38:57 Mining elsewhere in the EU?

41:20 Green manufacturing failing & excess power

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And Luxor Tech, Leaders In Bitcoin Mining and Compute Power!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

We're dropping a show from Bitcoin Season 2, another podcast on Blockspace! If you enjoy the show, check it out on Spotify, Apple or wherever else you listen to podcasts!

For today's Writer's Room, Colin and Charlie celebrate Running Bitcoin Day by picking through the Bitcoin Talk archives for a selection of Hal Finney's most prescient takes. Finney is famous for being the first person (after Satoshi) to run Bitcoin -- a claim to fame that involves receiving the first non-mining related transaction from Bitcoin's creator -- as well as being one of the earliest contributors to Bitcoin Core. Hal was highly active in Bitcoin's salad days and a prolific poster on Bitcoin Talk, where he provided his thoughts on Bitcoin's earliest versions, pontificated over the cryptocurrency's future, and shared ideas with its earliest adopters. Many of Hal's ideas and prognostications were incredibly incisive and clairvoyant -- almost frighteningly so -- hence the title of today's show.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For today’s news roundup, Will, Colin, and Matt are joined by Luxor CEO, Nick Hansen. The gang covers news that Blockspace broke this week pertaining to a creditor lawsuit against former executives of defunct Compute North, the erstwhile bitcoin mining hosting titan that went bankrupt in 2022. Plus, Phoenix Group’s 50 MW bitcoin mine in North Dakota, a 2024 bitcoin mining market review from Nick, and Canaan’s new home mining heater series with the Nano 3S and Avalon Mini 3. And for this week’s cry corner, popular Ethereum browser wallet Metamask is adding support for…Bitcoin? 

Timestamps:

00:00 Start

02:19 Difficulty report

07:32 Creditors sue Compute North

16:30 Phoenix 50MW North Dakota site

27:18 Yearly overview

31:15 Canaan Nano 3 home heater

40:13 Cry corner: Metamask seeks Bitcoin product manager

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s Bitcoin Stock Show, Digital Mining Solutions Founder Nico Smid joins us to share insights from Digital Mining Solution’s 2024 year-end report. During the conversation, Smid shares his and his co-author Cindy Feng’s findings on a range of topics, including 2024’s hashrate growth relative to prior years, bitcoin mining trends in Latin America, pending mining IPOs, predictions for 2025, and more!

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Denis Rusinovich, a partner at the Cryptocurrency Mining Group, speaks to Colin about the particulars of the Russia bitcoin mining ban. News broke in December that Russia would be banning bitcoin mining in 10 regions, effective January 1, 2025 through March 15, 2031. Only the ban is not an all-out ban like the first wave of reporting would have us all believe. For today’s show, Rusinovich sets the record straight and gives us a rundown of the miners who are actually affected by the ban. 

Timestamps:

00:00 Start

03:09 Defining the "ban"

07:42 Legalizing mining

09:07 Identifying miners for regulation

10:22 The scope of Bitcoin mining in Russia

13:16 Subsidizing residential miners

15:50 Effect on global hashrate

17:09 Kazakhstan

22:59 Russia energy crisis?

25:54 Grid balancing

30:40 Oil & gas production areas

32:04 Chechnya

33:16 What regions have the most activity?

36:22 Miners vs hosting

37:42 Taxes

38:47 Where is investment capital coming from?

42:08 Hosted miners

43:17 Future of Russia mining

45:21 Wrap up

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

This is a crossposted podcast from Bitcoin Season 2. We've got Stephen & Matthew, engineering & product on the Bitcoin side of MagicEden, explaining how the platform combines cutting edge tech w/ intuitive product design.

Follow our guests: @MakeTokensFun @summraznboi

--

Follow our host on X: @cbspears

Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin.

Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

---

Timestamps:

00:34 Intro

02:19 Roles in Magic Eden, Joining Ordinals

05:57 Growth in Bitcoin Ecosystem & Magic Eden’s Vision

07:13 Expanding Beyond Ordinals: Runes & Ecosystem Building

10:56 Marketplace Challenges & Collaboration in Engineering

20:33 User Benefits: Shield Icon, Mempool Fix & Cart Optimization

30:06 New Trading Features & Improved User Experience

33:11 Enhancing Liquidity & Making Runes Accessible

38:18 Mobile Launch & Broader Market Adaptation

42:28 Magic Eden’s Future in Bitcoin Community & Challenges

45:56 Future Outlook on Bitcoin Economy & Innovation

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Will and Colin are back from the holiday break with the latest news, plus an update on the ASIC hosting market from our friends at Compass. At the top of the news docket, they touch on Russia’s bitcoin mining ban, particularly which miners the ban actually affects (and which ones it doesn’t). Also in the rotation, BitFuFu’s massive 80k ASIC order from Bitmain, and an update on a few of Rhodium’s outstanding litigations. And for this week’s cry corner: pour one out for all the folks who were sad/big mad that they didn’t get invited to Michael Saylor’s $100k New Year’s Eve party…

Timestamps:

00:00 Start

00:00 Start

01:51 Difficulty update

06:17 OMG Russia bans Bitcoin mining!!!!!

11:59 ASIC hosting market update

23:20 BitFuFu 80k miners

30:50 More trouble at Rhodium

36:46 Cry corner: No invite to Saylor party!

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Max Guise, a team member from Block’s Proto division, joins to talk about the company’s new ASIC chip. A veteran of Block, Guise has worked on everything from the Proto mining ASIC, to Square’s point-of-sale, and its hardware wallet Bitkey. During the discussion, Guise gives us a brief history of Proto’s origins, discusses the challenges of designing (and manufacturing and marketing!) a bitcoin mining ASIC, provides a timeline for the Proto ASIC rollout, and even graces us with a demo of the chip!

Timestamps:

00:00 Start

03:21 Max bio

03:56 Working at Square & CashApp

04:58 Building the point of sale product

06:20 Building hardware

09:48 Genesis of Proto

12:33 Open development

13:37 The team

14:59 What is Proto

16:59 Selling chips

19:56 Closed sourced firmware

21:38 Lifecycle examination

23:32 Market strategy

24:33 Financing

25:05 Hashrate as payment

26:16 Deployment

28:29 When new rig?

28:59 Ecosystem of products

30:13 Other components

30:58 Working with competing miners

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Advanced Crypto Services (ACS) Founder James Scaggs and Co-founder Will Middleton join to talk about all the pertinent operational considerations for bitcoin mining, including the biggest question of all: whether it’s better to buy or mine bitcoin. They touch on the repair side of the business, how some of these older generation ASICs are holding up, which models are the best bang for your buck, and common failure points for ASIC hardware.

Timestamps:

00:00 Start

02:37 Bios

04:20 10-20 MW mining operation

06:51 DIY mentality

08:24 Revenue

11:17 ASIC resale market

15:45 Rig prices vs hashprice

23:13 Are S19s the new S9s?

27:31 Aluminum backed hash boards

30:19 Advice for beginners

39:30 Off peak hour mining

44:31 Upgrading rigs

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s Bitcoin Stock Show, we’re joined by a great friend of the show, Pennyether. Some of y’all might recognize Penny from a couple of the earnings calls we streamed on The Bitcoin Stock Show earlier this year. He’s one of the most insightful independent bitcoin mining stock analysts in the game, and in this episode, he shares his methodology for valuing bitcoin miners, which metrics he finds the most (and least) useful, and his thoughts on the AI boom in mining.

Timestamps:

00:00 Start

03:53 The mining metrics that matter

10:33 More important metrics

19:24 Valuing AI and miners together

26:55 A note on Bitfarms

28:32 What does the market actually care about?

33:10 Thoughts on convertible debt

36:55 How to hedge convertible notes

45:31 Bigger narratives in mining 

48:10 The future of bitcoin mining and data centers

52:55 What metrics aren’t worthwhile?

43:02 What does 2025 look like?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Follow this week's guest on Twitter: @penny_ether

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today, Riot’s VP of Research, Pierre Rochard, joins Will and Colin to discuss a variety of topics. The fellas start by talking about what a second Trump presidency and Republican Congress means for Bitcoin miners, especially in light of the last administration and Congress’ hostility toward all things Bitcoin. He also weighs the merits of a national Strategic Bitcoin Reserve, as well as one in Texas, and the pod closes on discussion of Riot’s $594.4 million convertible note and the miner’s expansion outside of Texas. 

Timestamps:

00:00 Start

03:09 Pierre's bio

15:13 Elizabeth Warren

17:03 Expecting positive regulation?

20:36 Texas mining bills

27:32 AI power demand on Texas grid

31:54 Strategic Bitcoin Reserve

33:42 National SBR?

34:45 Riot convertible note

40:24 Why not invest in infrastructure?

42:43 Why debt financing now?

45:16 Convertible debt niche

51:41 New Kentucky mining site

45:31 Bigger narratives in mining 

48:10 The future of bitcoin mining and data centers

52:55 What metrics aren’t worthwhile?

43:02 What does 2025 look like?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Most "Quantum FUD" you hear is probably BS. But there are some ways Bitcoin is vulnerable to quantum computers. Hunter Beast helps us understand what these threats look like and explains a solution.

Follow our guest: @cryptoquick

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Bitcoin Season 2 is brought to you by Botanix!

Botanix Labs is pioneering a new direction for DeFi with the first EVM L2 running on Bitcoin that’s built to be forward secure, decentralized, and share gas fees generated by the network with users.

See the future of DeFi from botanixlabs.xyz

---

Follow our host on X: @cbspears

Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin.

Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

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03:13 Hunter’s Quantum Resistance Work

05:05 Google’s Willow Chip & Its Implications

07:29 Early Quantum Computers vs. Today

09:31 Quantum Noise & Error Correction

11:30 How Quantum Computers Challenge Bitcoin

13:07 Is Quantum a Real Threat?

14:00 The Four Vulnerability Scenarios in Bitcoin

15:35 Public Key Hash Addresses: Safe or Not?

19:40 The Importance of Operational Security

23:25 Satoshi’s Coins as a Quantum Shield

28:09 Proactive Quantum-Resistant Solutions for Bitcoin

33:45 Should Bitcoin Take a Proactive or Reactive Approach to Soft Forks?

43:00 Bitcoin’s Resilience Remains Unshaken

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Welcome back to The Mining Pod! For today’s roundup, the Blockspace boys cover Cango, the largest public bitcoin miner that you’ve never heard of, and they dig into breaking news of oil and gas giant Halliburton investing in Bitcoin mining. Plus, an investor lawsuit against Rhodium, MARA and Hut 8’s bitcoin buys after issuing convertible notes, and in this episode’s cry corner, Bitcoin Twitter’s favorite squabble this week: the Strategic Bitcoin Reserve. 

Timestamps:

00:00 Start

03:24 Difficulty update

07:01 Cangoooooooo

16:25 Halliburton mining bitcoin?

24:05 Miners & debt instruments

31:17 Rhodium sued for fraud

37:04 Cry corner: Bitcoin strategic reserve

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Bitcoin Stock Show! Today, Russell Cann, the chief development officer at Core Scientific, joins Colin to discuss the public miner’s multi-billion dollar AI pivot. At the start of 2024, Core Scientific came out of its 2023 Chapter 11 bankruptcy swinging when it announced that it would be retrofitting some of its existing bitcoin mines in partnership with CoreWeave. Fast forward to the end of the year, and Core Scientific is converting up to 800 MW for CoreWeave’s GPU fleet in a deal valued at $8.7 billion over 12 years. During the show, Cann gives us a brief history of CoreWeave and how the two companies arrived at the deal; the challenges, conditions, and considerations for retrofitting bitcoin mines for AI/HPC load; what we should expect from Core Scientific going forward, especially with regard to its bitcoin mining business; and everything in between.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our host on Twitter: @AsILayHodling, 

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! On today’s show, were joined by CleanSpark CEO Zach Bradford and CFO Gary Vecchiarelli to discuss their convertible note offering. In this show, we go through the mechanics of the note (it’s complicated, trust me), the purpose for using the funds, growing to 50 EH/s and why CleanSpark chose not to buy Bitcoin with the capital on hand. Lastly we talk about the institutional space for Bitcoin investments including metrics and topics to watch out for in 2025!

Timestamps:

00:00 Start

02:10 Cleanspark update

04:11 How the note works

07:53 Why not buy Bitcoin?

13:35 Why 0% interest

16:16 Why the cap call?

19:34 Choosing the right financial option

25:38 Why convertible note bull market?

30:16 Deal coordination

31:17 Bond market new to miners?

32:31 Shareholder value

36:51 ATM

38:05 Why not deploy capital immediately?

40:12 Institutional investors

41:34 Best metrics to watch

43:02 What does 2025 look like?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! In today’s show were ripping on Hut 8’s $12 billion build out in Louisiana for a full hyperscaler facility. Yes, that’s nearly 6x the marketcap of Hut 8 currently! We also go into Crusoe’s $600M raise from Founders Fund, our scoop on DCG spinning out Foundry’s self-mining assets, Riot joining the HODL gang with Microstrategy and MARA and some final thoughts on Coinbase listing random tokens for ‘just the funsies.’ Oh, also Texas is going to do a Bitcoin Reserve!

Timestamps:

00:00 Start

01:54 Difficulty update

04:29 Hut 8 plans 1,000 MW in Louisiana

10:19 Crusoe Closes $600M Raise

13:35 DCG creates new company

18:56 Riot Offering of 0.75% Convertible Senior Notes

27:52 Coinbase lists Peanut the Squirrel (PNUT) memcoin

33:20 Texas Bitcoin Reserve

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! On today’s show we’re joined by Lod’s CEO Medi Naseri to discuss monetizing energy sources using software! While yes most people aren't thinking about energy past flipping on their laptops or charging their smart phones, energy systems are frankly pretty complex and deserve a little more love. That’s why we brought on one of the more interesting startups in the space, Lod, to discuss their business model, who they help and why energy hungry miners and AI compute should think about using a system like Lod!

Timestamps:

00:00 Start

03:27 Business model evolution

07:11 Platform

07:51 Energy strategy revenue

13:44 Miner focused software features

14:56 Energy vs TH UI conversions

17:34 Other customers

19:11 Managing curtailment at the workload layer

22:50 SAAS profit margins

27:09 Energy vs UI innovation

32:10 Battery revenue 80% drop

32:43 Why doesn't load adjustment software already exist?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! We jump into Foundry's 27% workforce reduction, Marathon's wind farm acquisition, and Mawson's bankruptcy troubles. Plus, analysis of mining industry financing trends and a humorous take on illegal university mining operations in Poland. Also, happy $100,000 Bitcoin!

Timestamps:

00:00 Start

02:08 Difficulty update

08:19 Foundry layoffs

20:05 MARA acquires wind farm

26:11 Mawson bankruptcy

29:04 Miner be building

36:20 Cry Corner: Stealing Power

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! On today’s show, we have an exclusive with Proto and Core Scientific, who recently announced a collaboration on a new ASIC chip design. Core Scientific–one of the largest Bitcoin miners in the world–will be buying 15 EH/s of chips to make custom units. Meanwhile, Proto will be working on selling more chips and a custom form factor of its own. 

Timestamps:

00:00 Start

03:20 Building hardware at Argo

03:48 Proto miner

05:36 Proto tools development

06:29 Intel chips

08:59 Why is Core Scientific interested in ASIC creation

13:34 Collaboration vs competition

16:06 Interacting with Bitcoin needs to be easier

17:59 Geopolitics

19:54 Having US built ASICs

22:33 Have ASICs gotten better?

25:01 Repairs

27:26 Upgrading rigs

30:09 Form factor changes

35:51 AI & mining

45:36 Is AI driving site design?

50:50 15 exahash or bust?

52:34 EPIC collaboration

56:50 Launch date?

57:28 Open market sales eventually?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Bitcoin Stock Show! For today’s livestream, Colin, Will, and Charlie welcome two special guests, bitcoin mining stock analyst Pennyether and Luxor CEO Nick Hansen, to digest Cleanspark’s 2024 fiscal year financials. For the full show with the earnings call portion, please check out our YouTube.

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s a holiday week but a lot has happened in Bitcoin and Bitcoin mining! We’re going through our scoop on Bitmain’s issues with the U.S. CBP, how miners are dealing with Trump’s possible tariffs (and what they can mean for your business), why and how ERCOT is asking miners to register and lastly a check in on the hosting market with our friends over at Compass Mining! 

Check out Compass Mining for more information on the hosting market in Bitcoin: @compass_mining

Timestamps:

00:00 Start

02:40 Difficulty update

06:44 Customs confiscates Antminers

12:42 Trump tariffs

20:16 Compass: Hosting market

32:02 New Texas reporting rules

39:37 Cry corner: ETH heads are shook

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Bitcoin Stock Show! For today’s livestream, Colin and Will break down 2024’s M&A activity – and there’s a lot to sift through. Deals brokered by Cleanspark, Bitfarms, MARA, Riot, Bit Digital, and Cathedra have resulted in over $470 million worth of M&A deal flow in 2024. 

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Former Hut 8 CEO Jaime Leverton joins The Mining Pod! We go through her time at Hut 8 building an industry leading HODL, her transition out the door though the merger with US Bitcoin Corp, to her new ventures in fintech and DeFi. We lastly touch on her interests in Bitcoin stocks and equities with some advice for other CEOs in the mining space.

Timestamps:

00:00 Start

03:28 Jaime’s bio

05:37 HUT 8"s Bitcoin treasury

08:10 Jaime’s Bitcoin moment

08:53 HUT 8 & US Bitcoin merger

12:48 Exahash headlines

14:27 Merger & debt

16:35 Transitioning out of CEO role

18:37 Jaime’s the bag holder

21:57 Infrastructure

24:05 HPC & AI demand

27:57 HPC's future form factor

31:55 Chair of the board

32:58 Hashprice & predictions

33:59 What's looking good?

37:46 Thoughts on being a public company CEO

38:57 ULYS startup

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Colin, Charlie, and Matt are back with this week’s biggest Bitcoin mining headlines. To start, the trio dives into this week’s Mining Pod newsletter to discuss revival of the ASIC miner market. Then, they provide an update on incipient restrictions of Bitcoin mining in Russia in areas with power shortages. They also cover a novel story onHicorp tapping the largest gas reserve in the US with a bitcoin mining pilot in Alaska, yet more news on AI-pivots from bitcoin miners, and the $4.6 billion in open shorts against Bitcoin miners. Finally, for this week’s cry corner, Bitcoin and crypto professionals, pedestrians, and obsessives rejoice at the resignation of Gary Gensler. 

Timestamps:

CHAPTERS

00:00 Start

02:22 Difficulty update

06:31 ASIC prices rebound

13:03 Russia restricts mining in certain areas

19:50 Hilcorp natgas mining in Alaska

26:01 Miners moving to AI 

34:12 $4.6bn short squeeze

36:23 Cry Corner: Gensler is gone, girl

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @AsILayHodling, @cbspears, @bc1matt

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

JP Morgan analyst Reggie Smith rejoins Colin and Will to discuss Bitcoin mining economics, valuation metrics, and the emerging intersection with AI computing. We go through how a big bank like JP Morgan values miners, including possible costs and revenues, before focusing on AI/HPC and mining. Lastly, we finish on mining costs, dilution and relative valuations of the mining industry.

Timestamps:

00:00 Start

01:53 Fintech team at JPMorgan

02:42 Valuing mining companies

03:38 Analyst goals

06:11 Miner report

07:51 Economic models

12:40 Calculating operational costs

18:38 AI and costs

21:52 How liquid is the AI compute market?

25:36 Good metrics for miner valuation?

28:42 Payroll costs

32:29 Equity dilution

39:17 AI strategies

46:40 The power of existing PPAs

51:22 Highest & lowest gains

54:18 Are miners overvalued?

58:12 M&A activity

1:01:40 Price & hashrate predictions

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Colin, Will, and Matt are back with this week’s meatiest mining headlines. October updates are in for public bitcoin miners, so the gang covers the highs (and lows) of the first month of Q4. They also cover MARA’s 8-figure acquisition of three mining sites in Ohio. Plus, an update on Bitcoin mining in Ethiopia, which is reportedly netting the country’s power authority ~$55 million in business with roughly 2-3% of the Bitcoin network’s hashrate in the country. And for the final news item, an update from Block’s Proto team on its forthcoming bitcoin mining ASIC – oh, and this week’s cry corner, in which *checks notes* legacy media pundits are still comparing Bitcoin to the dot com bubble’s defunct early movers…

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @AsILayHodling, @bc1matt

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Bitcoin Stock Show! MARA just released its Q3 earnings, so for this week’s show, we livestreamed the earnings call and invited Pennyether on for a post-call debrief. You can find the full earnings call livestream on our YouTube and on the Blockspace Media website, but this pod only includes the after-call analysis. 

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts and guest on Twitter: @wsfoxley, @AsILayHodling, @penny_ether

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Not so long ago, Bitcoin miners had difficulty accessing debt – they still do, but miner capital markets have improved significantly. Secure Digital Markets Co-founder and Direct of Sales and Trading Mostafa Al-Mashita joins us on this Mining Pod to explain how these markets have changed and what it will take for them to improve further. He also gives his take on what a second Trump presidency means for Bitcoin and the market more broadly. 

Timestamps:

00:00 Start

02:17 Secured Digital Markets

03:20 Financial products for miners

07:11 Miner auto-liquidating

11:10 Miners using derivatives

14:04 Miner OTC desks?

17:30 Lending

20:45 Will ASIC backed loans come back?

23:46 Seizing ASICs to pay back debt

25:49 Fed funds rate changes

28:52 Has the ETF changed miner capital markets?

32:09 ETF effects

34:07 Public vs private capital access

38:36 Is capital access for private miners getting easier?

43:34 US presidential election

44:35 Chokepoint 2.0

49:03 Any personal effects of Chokepoint 2.0

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Bitcoin Stock Show!

For today's show, we're joined by Hive Digital Co-Founder and Executive Chairman Frank Holmes. We recorded this on the day after the 2024 US elections, and since the Republican party swept the Presidency, Senate, and (probably) the House, we had to get Frank's take on what the Red Wave means for Bitcoin and its mining industry -- and whether or not this election marks a sea change in Washington's attitude toward Bitcoin. Turning the focus to Hive, we also touch on the company's HPC plans and its 100 MW expansion into Paraguay.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code NAKAMOTO to get 50% off at check out!

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today we are joined by Chris Bendiksen of Coinshares to discuss investing in Bitcoin mining! What’s the value prop of miners? How should we think about their go-to-market strategy? What about the huge ASIC orders that get zeroed out so quickly overtime? For retail investors, Chris thinks its not a great purchase and certainly not when compared to Bitcoin. Check out the show for more thoughts!

Link to the article: https://blog.coinshares.com/no-end-in-sight-for-the-asic-arms-race-4ede8e346cbf

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:29 Story reading

09:16 Story origins

11:04 Can miners get more efficient?

16:31 New efficiency methods

20:53 Access to new ASIC models as strategy

23:39 ATMs & PubCo balance sheets

29:09 New financing models

34:55 Bitcoin treasury

36:47 Wrap up

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Bitcoin’s hashrate is ripping, so Will and Colin sit down to discuss where all the new hashrate is coming from. They also touch on updates for Greenidge’s long-standing lawsuit against the State of New York and why the scuttlebutt that Bitmain might come under the scope of US sanctions is unfounded for now. Finally, in this week’s cry corner, why you shouldn’t spend £500 to hear yet another bloviating imposter claim that he’s Satoshi. 

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

02:41 Difficulty update

11:13 US, Russia, China drive bitcoin hashrate all-time high

16:47 Greenidge lawsuit with the State of New York

21:17 Rumors catch Bitmain in the crossfire of Sophgo investigation

27:37 Cry corner: Satoshi reveals himself (lol jk)

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Bitcoin Stock Show!

Yesterday, we livestreamed Riot's Q3 earnings call, so for today's show, we unpack the earnings call with a special guest, PennyEther! PennyEther is a bitcoin mining stock analyst who shares his research and insights on X. This podcast is a truncated version of the livestream, where we cut the earnings call bit and dive straight into our post-call analysis. If you'd like to listen to the full episode with the earnings call, hop on over to The Mining Pod YouTube channel!

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @bc1matt

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today we are joined by Kyle Schneps, VP of Public Policy at Bitcoin mining pool Foundry, joins us to discuss…well the election! Why did Bitcoin miners go so hard for Trump and will there be repercussions? Why did Foundry sit in between and not endorse either candidate? And what actually matters more in 2024, States or the Federal level?

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:05 Foundry & political lobbying

04:09 New York state politics

11:10 Trump, AI & energy policy

17:33 Harris statement on crypto

22:54 Miners love Trump?

27:16 What happens if Harris loses?

30:47 US Bitcoin industry

32:24 Key election issues for Bitcoin

37:12 Miners working with energy companies

39:29 Get involved

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! Will, Colin, and Matt are back with another news roundup. It’s election season, so naturally, headlines about Russia have weaseled their way into the news cycle – only this time, the news is about how Russia allegedly wants to encourage trade in bitcoin to bypass sanctions. The gang also talks about Coinmint’s partnership with NYDIG to expand its Massena, NY facility, and our friends at Compass give us an update on the bitcoin mining hosting market. The show wraps up with the latest on Core Scientific’s $8.7 billion deal with Core Weave, and in this week’s cry corner, the fellas are perplexed at why Dennis Porter, founder of Satoshi Action Fund, is getting so much heat for Pennsylvania’s new bitcoin rights bill.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

00:53 Difficulty update

04:00 Russia using bitcoin for international trade?

15:26 Massena & the Alcoa East plant

18:36 Hosting update w/ Karoon from Compass

32:46 Core Scientific Final Contract Option by CoreWeave

37:49 Cry corner: why so butthurt about Dennis Porter?

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s stock show, Colin interviews Bitfarms CEO Ben Gagnon and Senior Vice President of Global Mining Operations Alex Brammer. Bitfarms made a name for itself as one of the first publicly traded bitcoin miners to expand into South America, first with its operations in Argentina and then in Paraguay. Now, Bitfarms is planning to house 50% of its future hashrate in Pennsylvania with its acquisition of Stronghold Digital. They discuss how their new portfolio in Pennsylvania gives Bitfarms the option to enter the energy trading business, and Bitfarms’s strategy for potentially breaking into the AI/HPC business by 2026.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Intro

02:20 Why Bitfarms entered into the South American market

07:10 Experience with regulation and approval process in Paraguay

10:00 Difficulties with expanding in Quebec

13:50 Why Bitfarms likes the PJM power region

18:00 Stronghold acquisition: power market play, expansion play, or both?

23:40 Bitfarms HPC aspirations

31:15 Will bitcoin miners need to pivot to AI/HPC to remain relevant? 

34:40 How mining can fill in demand gaps for AI/HPC

43:20 How Bitfarms plans to fund mining expansion and potential AI/HPC operations

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of Africa, particularly with well connected Chinese Bitcoin miners sourcing hydro-powered contracts. Ethan recently visited so we brought him on with Kal to discuss what’s actually happening, the costs versus North American mining and how to invest in the area (if you’re willing to take the risk!)

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

CHAPTERS

00:00 Start

01:55 Kal's bio

02:45 Ethan's bio

03:58 Ethiopia mining scene

06:16 Ethan on Ethiopia

08:45 Stat of Ethiopia's grid

13:47 Political risks

19:23 China in Ethiopia

24:55 US to Ethiopia challenges

30:58 Mining in other parts of Africa

34:11 African miners moving to Ethiopia?

37:35 Bitcoin jobs in Africa

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s news roundup, Colin and Matt discuss how US public bitcoin miners are growing their share of Bitcoin's hashrate. Plus, Marathon is leveraging its trove of 26,000+ BTC and Cipher is going bigly with three pending mining site acquisitions for a total of 1.5 GW of capacity, some of which the miner may allocate toward AI/HPC compute. They also touch on some AI updates from Crusoe and Bit Digital, and in this week’s cry corner, why grown men are getting big mad about arbitrary data on everyone’s favorite block explorer. 

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:42 Difficulty update

04:19 29% PubCo Hashrate report JPMorgan

10:50 MARA Unlocks $200M BTC-Backed Credit Line

18:06 Cipher Mining Acquires 1.5 GW in Texas

24:37 Blue Owl Backs Crusoe in AI Move

29:35 Bit Digital Acquires HPC Data Center

32:38 Cry corner: "Runes, ordinals, etc don’t exist"

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s Bitcoin Stock Show, we sit down with Jeff LaBerge, the head of capital markets and strategic investments at Bitdeer. Bursting onto the scene last year with its IPO, Bitdeer quickly became one of the public bitcoin miners to watch, and now, the company is designing its own ASIC miner, the SEALMINER. How did Bitdeer secure TSMC chip allocation for the series, and will Bitdeer sell this ASIC on the open market or keep it for itself? We answer these questions and more, and we also touch on Bitdeer’s multi-continent AI/HPC aspirations.  

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:28 Jeff's background & Bitdeer

03:51 Bitdeer's ASIC business

06:41 Foot in the door with TSMC

11:55 Retail vs internal allocations

15:07 Different model timelines

17:16 Cooling design

18:48 Hydro & immersion cooling

20:59 Manufacturing capacity

22:05 AI & HPC

25:15 Different business lines

30:57 Norway deployment

35:03 Butan future

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! Today we’re joined by Skot, the creator of the open source Bitcoin mining project Bitaxe! Launched a bit over a year ago, Bitaxe is a simple way to bring mining back to the household by taking a chip from state of the art Bitcoin miners like the Bitmain S21 and gluing it with a bunch of other parts into a mini-home miner! We talk with Skot about the origin of the idea, why he wanted to make something like the Bitaxe, the value of home mining and the future of mega miners like Riot, Marathon or others.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

02:10 What's a Bitaxe?

05:20 How is it open source?

06:15 Salvaging chips

10:45 Sourcing components

13:11 How are they sold?

15:05 Why make the Bitaxe?

19:19 Node + Bitaxe?

21:04 Increasing collaboration

26:42 Pleb mining

30:30 The future of mining

36:09 Bitaxe timeline

36:50 The experience making the Bitaxe

42:13 Wrap up

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! We’re going through Bitcoin and Bitcoin mining news including a difficulty update after Florida hurricanes, IREN’s lawsuit about HPC, Bitmain releasing another version of the S21 with less efficiency (why?), Marathon’s Anduro platform getting in on tokenized whiskey, Marathon also getting sued for being too loud at its Granbury, Texas site and HBOs new Satoshi Nakamoto documentary uncovering the creator of Bitcoin was none other than Peter Todd, a guest and friend of the show! We dig in.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:15 Start

01:16 Difficulty update

03:14 IREN HPC lawsuit

09:26 Bitmain announces new S21 variants

15:04 MARA’s whiskey on the blockchain

25:30 MARA’s continued dispute with Texas town

29:16 Cry corner: HBOs documentary

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s Bitcoin Stock Show, we sit down with Sue Ennis, the head of investor relations at Hut 8, to discuss Hut 8’s AI/HPC business line. The conversation covers Hut 8’s original foray into HPC with its Terago acquisition in 2022, its new GPU-as-a-Service business line, what makes an ideal HPC data center, what has changed with Hut 8 since the merger with US Bitcoin Corporation, and everything in between – including a little teasing about a 1 GW acquisition that Hut 8 has in the pipeline.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Livestream waiting room

01:47 Intro

03:04 Sue’s background

04:10 Why Hut 8 purchased Terago data centers

08:52 Learning curves for Hut 8 operating HPC centers

11:20 Retrofitting a bitcoin mine vs deploying hashrate at an HPC center

13:40 Hut 8’s GPU-as-a-Service

15:35 Difference between Terago centers vs new business line

17:14 Does Hut 8 plan to greenfield or retrofit a datacenter for HPC?

23:00 Ideal conditions for an HPC data center

25:50 U3S21EXPH form factor as a cross-over from HPC operations 

30:30 Hut 8 transition/change with US Bitcoin Corp merger

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! This week we are joined by Asher Genoot, CEO of Hut 8, one of the larger and older Bitcoin miners! Hut 8 recently entered into a deal with leading Bitcoin mining manufacturer Bitmain to produce a new immersion unit ready for traditional data center builds! In this show we discuss the unit, how the deal got made, how it fits into a data center, parts and repair, the hosting deal with Bitmain and the opportunity cost of entering into investments like this one with Bitmain!

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:34 New ASIC (U3S21EXPH)

05:03 Chip efficiency

07:55 New cooling solutions

14:12 Datacenter build out

19:00 AI facility conversion

20:58 Hosting for Bitmain deal

26:51 Facility location

29:05 Opportunity costs

32:08 New CEO role

35:11 Growing both AI & mining

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! This week, we’re talking about about bullish inflows to the crypto (mostly Bitcoin) ecosystem that could support better asset prices, Ocean launching a new decentralized template program for miners, CleanSpark’s hurricane woes and updates from the recent catastrophe in the Southeast US and Swan’s dramatic lawsuit against its former employees! 

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

04:18 Difficulty update

05:26 Coinshares: Digital Asset Flows

10:40 Ocean Pool's Datum

18:46 Cleanspark & the hurricane

24:03 Swan mining update

31:32 Cry Corner: Satoshi Has Been Found! LOL

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Show links:

https://blog.coinshares.com/volume-202-digital-asset-fund-flows-weekly-report-e00fa60eac86

https://ocean.xyz/docs/datum

https://www.theblock.co/post/318784/bitcoin-miner-cleanspark-restores-200mw-in-the-wake-of-hurricane-helene

https://blockspace.media/insight/new-filings-raise-questions-about-mining-ownership-in-swan-lawsuit/

https://x.com/disclosetv/status/1841896077865230409

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

There’s a ton of new units on the market, including new players like Auradine. But how do these units actually hold up when deployed to the field and under harsh environments? We brought on Brad Cuddy of Cholla Energy to walk us through his experience working with the units. We also discuss alternative units like Bitmain and MicroBT, dry cooling, hydro vs. immersion and various other topics relating to technical Bitcoin mining. Lastly, we finish with a conversation on the Texas Bitcoin mining landscape including 

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

02:01 Brad's background

05:53 Types of ASIC cooling

09:25 Bitmain vs MicroBT

12:20 Dry cooling

16:34 Hydro vs immersion

21:38 Immersion form factor challenges

22:26 MicroBT immersion deployment

24:21 Cost difference

25:42 Cooling fluid & thermodynamics

28:24 Fluid longevity

29:14 Auradine

32:32 Firmware & chip uptime

34:47 Auradine conclusion

35:35 What cooling is best?

37:14 Extreme temps

39:23 Curtailing with hydro units

42:21 New Bitmain unit

45:34 Bitmain changing PDUs

48:13 Curtailing (4CP)

49:15 Curtailing (PPA)

51:16 Ancillary grid services

52:43 4CP operations

55:10 Renewable & Texas grid

58:56 Future of solar

1:03:52 Miners, data centers & interconnections

1:06:22 Texas' isolated grid

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.  

"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s roundup, Will, Colin, and Matt discuss the bombshell news that Swan Bitcoin is suing its former employees and contractors, alleging that the cabal stole proprietary aspects of Swan’s bitcoin mining business. Speaking of corporate sparring, the gang also covers the news that Riot and Bitfarms have settled (for now, at least) their dispute over Riot’s attempts to acquire its rival. They also discuss Bitdeer’s new SEAL02 ASIC chip, which Bitdeer claims is capable of 13.5 J/TH power efficiency, and why bitcoin mining ASICs are not securities despite some reporting to the contrary. Finally, in this week’s cry corner, they address the indefatigable, maddening myths that persist about Bitcoin’s global electricity use (no Bill Maher, Bitcoin does not use 8% of the world’s electricity, but thank you for playing!).

Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

Timestamps:

CHAPTERS

00:00 Start

00:14 Swan mining lawsuit

11:01 Difficulty update

17:03 Riot vs Bitfarms

27:14 Bitdeer’s SEAL02 chip

35:25 Green Mining SEC suit not dismissed

38:59 Hut 8 GPU-as-a-Service Goes Live

42:47 Cry corner: Bill Maher is wrong

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And NiceHash (@NiceHashMining), the world's most powerful hashrate marketplace!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset.  

Learn more about your ad choices. Visit megaphone.fm/adchoices

For this week's Bitcoin Mining Stock Show, Colin sits down with Taras Kulyk, the CEO and co-founder of Synteq Digital. The fellas open the show by talking about the differences between the AI/HPC and ASIC hardware markets, why its (much) easier for traditional data center operators to access capital markets than bitcoin miners, and whether or not Core Scientific can capitalize on its AI promises. For the second half of the show, Taras dives into what has changed in the ASIC market since the April 2024 Halving, plus the great migration of older models like the S19 and M30 series to lower cost areas in the global South. Finally, Taras shares his views on Bitmain's new U3S21EXPH hydro-cooled ASIC miner and his vision for the future of data center cooling.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s show, Colin interviews Rob Warren, the author of The Bitcoin Miner’s Almanac. Standing up a bitcoin mining operation is a herculean task. From managing ASICs, to standing up infrastructure, to navigating power contracts, bitcoin miners have to learn everything from IT management to hardware maintenance – and everything in between. That’s why Rob wrote The Bitcoin Miner’s Almanac, to help newcomer and veteran miners alike easily navigate the daunting, complicated minutiae of bitcoin mining. In our conversation, we touch on what inspired the book, Rob’s experience researching and writing it, and what he plans to include in the second edition. This isn’t your grandfather’s almanac…

You can purchase The Bitcoin Miner’s Almanac on Amazon or the Bitcoin Magazine store.

Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

Timestamps:

00:00 Start

03:03 The Bitcoin Miner's Almanac

12:21 Forget about Bitcoin

20:14 Making sense of the energy industry

28:37 Energy monopolies

33:01 Pros & cons of energy production

40:33 Book version 2

52:26 Machine form factors

1:02:41 Interviewing miners

1:10:23 Stranded energy opportunities

1:15:49 Wrap up

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

And NiceHash (@NiceHashMining), the world's most powerful hashrate marketplace!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset.  

"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s news roundup, the crew dives into Hut 8’s partnership with Bitmain on the manufacturer’s new hydro-cooled ASIC model, the U3S21EXPH. Matt also gives everyone a geography lesson with his overview of Bhutan and its hoard of 13,011 BTC worth $780 million, the fourth largest BTC reserve of any nation, and Colin covers Rober F. Kennedy Jr.’s letter to the editor in the Economist in which he defends Bitcoin mining for its utility as a flexible load for renewable energy. Plus, a former President, a bitcoin mining CEO, and a pub owner walk into a bar, and everyone leaves with a burger paid in bitcoin (yes, every outlet has covered this story, but we are too). And finally in this week’s cry corner, the unfortunate story of a Norwegian town whose residents will pay more for power after a bitcoin mine ceased operations.

Enjoying the show? Check out our newsletter!

Timestamps:

00:00 Start

01:38 Difficulty update

03:36 Fractal fees

07:23 Hut 8 and Bitmain ASIC partnership

12:50 Bhutan got them bags!

19:19 RFK Economist letter to the editor

23:12 Trump's Bitcoin Burger

29:32 Cry Corner: Norwegian energy costs rise

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Pow.re Co-founder and CTO Ian Descoteaux joins us today to talk about all things ASIC miners. In the conversation, we speak at length about the Antminer S21, including his experience deploying this model, its quirks / failure rates, and its performance. We also touch on ASIC prices and manufacturer competition, including why MicroBT’s Whatsminers are more expensive than other models, and whether or not Auradine and Canaan will be competitive in the near-future.Finally, we close on his takes regarding Bitmain’s newest hydro model, the U3S21EXPH.

Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

Timestamps:

00:00 Start

01:29 Update

03:11 New ASIC frustrations

04:16 ASIC price competition

06:20 Why MicroBT expensive

06:57 Canaan & Auradine

07:52 S21 deployment experience

09:46 ASIC failure rate

10:51 Repairs

12:46 Paraguay ASIC repair cost

14:44 S21 deliveries

16:07 S21 quirks?

18:39 New Bitmain units

20:02 Current ASIC market

23:05 U3S21EXPH Rack System

27:08 New equipment pushing market split

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

Follow our host on Twitter: @wsfoxley

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Will and Colin hop on for another duo pod this week for one of the most eclectic roundups yet. The numbers are in for August for the public bitcoin mining world, and these companies are slowly (but steadily) expanding their hashrate, while also collectively selling more than 1,200 BTC over the month. In a testament to bitcoin mining’s utility for utilities, Japan’s largest power company, Tokyo Electric Power Company (TEPCO), is mining bitcoin with a portion of its renewable energy assets. Finally, the lads breakdown the juicy details of sidechain Fractal Bitcoin’s first week. And in this week’s cry corne – in which Darryl Cooper (Martyr Made) gets BSV-pilled – they touch on the irony of an alternative historian storing his podcasts on a blockchain launched by a man who tried rewriting the history of Bitcoin.

Timestamps:

00:00 Start

02:05 Difficulty update

05:03 August miner updates

11:29 Tokyo mining BTC!

17:49 Fractal Bitcoin update

25:12 Cry Corner: Darryl Cooper BSV pilled

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley, @asilayhodling.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Sam Tabar, CEO of NASDAQ-listed Bit Digital, joins us today to talk about Bit Digital’s post-Halving mining strategy and (more importantly) what the company is doing to scale its AI business line. Bit Digital earned $12.5 million with its HPC services in Q2-2024, the most of any AI-focused public bitcoin miner. During the show, Tabar discusses how they executed to reach this milestone, their aspirations to book $700 million in AI revenue over the next five years, and more – including a few choice words regarding miners who plan to retrofit existing bitcoin miners for AI/HPC jobs. Note, this podcast is for educational purposes only and is not financial advice.

Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

Timestamps:

00:00 Waiting room

02:02 Introduction

03:00 Biggest changes to bitcoin mining since Q1 2020

7:10 Why Bit Digital is committed to asset-light bitcoin mining

15:00 Four models for bootstrapping AI/HPC load

20:20 HPC compute pricing structures

23:00 Bit Digital sale-leaseback financing for HPC GPUs

25:20 $700m Boosteroid agreement details

29:20 Final thoughts

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Show links: https://hashrateindex.com/blog/tokenizing-hashrate-blockstream-mining-note-2-bmn2/

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset.  

"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today we are joined by Adam Back, cryptographer and CEO of Blockstream. Well known for its sidechain software Liquid, among other projects, Blockstream is actually a large private Bitcoin miner. In today’s show, we go through Blockstream mining with Back, including its profile as a miner (energy, locations, fleet). Then we dive into the BMN2, a new financial instrument to help people mine Bitcoin without ever touching a Bitcoin miner! Note, this podcast is for educational purposes only and is not financial advice.

Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

Timestamps:

00:00 Start

02:11 Blockstream's mining background

08:46 Mining Note details

16:53 Secondary markets & Mining Notes

19:49 Typical investor profile

28:39 Why not self mine?

32:07 Where does Blockstream profit?

36:39 Production costs & cycle timing

42:05 Upgrading ASICs or not?

45:29 Lessons learned, changes made

50:31 Post Interview Discussion

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Show links:  https://hashrateindex.com/blog/tokenizing-hashrate-blockstream-mining-note-2-bmn2/

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset. 

Learn more about your ad choices. Visit megaphone.fm/adchoices