All your Bitcoin mining news from this week, in 30 minutes or less! Including CoreWeave’s downgraded IPO, Crusoe selling assets to NYDIG plus Riot bidding for Rhodium’s mining assets!
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Welcome 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 Core Weave'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. Join us for expert analysis on the evolving mining and AI compute landscapes.
# 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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