Subscribe to the Blockspace newsletter for market-making news as it hits the wire!
Welcome back to The Mining Pod! Today, Will, Colin, and Matt don their butchers’ aprons to dissect Thursday’s market carnage, with some bitcoin miners down double digits on the day. We cover Bitdeer's electrical fire at a facility in Ohio, discuss Lava's controversial custody model changes, Stone Ridge/Nydig's oil and gas expansion, and for this week’s cry corner, Jim Cramer yells at CoreWeave’s CEO.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
**Notes:**
• Mining stocks down 5-10% across the board today
• Bitdeer down 46% on five-day chart
• $20B wiped from mining market cap since October
• Riot peaked at $70, started Liberation Day at $2
• Bitdeer fire destroyed two mining units in Ohio
• 650B annual revenue by 2029 needed for 10% AI return
Timestamps:
00:00 Start
04:19 Market crashing
08:35 Difficulty Report by Luxor
13:11 Bitdeer mining farm in Ohio burning
23:02 Lava goes centralized
31:26 Auradine's new unit announced
38:59 What's NYDIG up to?
42:23 Cry Corner: CORZ delay
👉CleanSpark, America's Bitcoin Miner!
CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world.
👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation
FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute.
👉 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
