On this week’s roundup, we cover Bit Digital’s WhiteFiber IPO prospectus and public mine executive compensation.
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Welcome back to The Mining Pod! Today, Colin, Charlie, and Matt talk Bitcoin's surge to $123K and its impact on mining economics, Bit Digital's WhiteFiber IPO prospectus and pivot to an Ethereum treasury strategy, public miner executive compensation, BIT Mining’s Ethiopia expansion, and the Mempool.space’s "Baja Blast Summer" (i.e., ultra-low transaction fees).
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**Notes:**
• Bitcoin reached $123K all-time high
• Hash price at $60 per petahash per day
• Exec compensation $14.4M in 2024
• Bit Digital raising $67.3M for ETH pivot
• WhiteFiber IPO shows $47.6M 2024 HPC revenue
• Ethiopia data centers use 30% of country’s energy
Timestamps:
00:00 Start
03:17 Difficulty Report by Luxor
08:33 Fees are SO LOW!
11:12 Bit Digital WhiteFiber S-1
14:21 Bit Digital ETH treasury
22:09 Fractal Bitcoin
22:48 VanEck: Executive Pay
27:27 BIT Mining Ethiopian data center
30:17 Cry Corner: Baja Blast Summer
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