CoreWeave's $23B IPO, Crusoe Ditches Bitcoin Mining, and Riot's Bid For Rockdale Assets

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.

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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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