ICE raided an ASIC repair shop this week, and a look into the crystal ball for Bitcoin’s hashrate at the end of the year.Click Here To Join the BitAxe Giveaway!
Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technologies joins us to talk about the brutal hash rate environment as hashrate surges past 1 zettahash. For news, we break down ICE's raid on a Bitcoin miner repair shop in Pyote, Texas, Core Scientific’s shareholder vote for the CoreWeave acquisition, and Tether's massive 86,000+ BTC treasury.
**Notes:**
• Difficulty increased 6%, up 26% over 7 adjustments
• Hashrate expected to reach 1.2 zeta by year-end
• Core Scientific vote scheduled for October 30th
• Tether holds 85,335 BTC worth $10.4 billion
• ICE arrested 12-13 undocumented workers at TX ASIC repair shop
Timestamps:
00:00 Start
04:27 Difficulty Update by Luxor
06:48 ICE raids ASIC repair shop
11:30 Hashrate Forwards
23:03 End of year Forward projections
25:41 Cleanspark Ad
26:10 Core Sci Update
28:44 Tether holds more BTC than you think
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