Two stories dominated headlines this week, and they both have to do with Trump: Hut 8 launches a new Trump-back subsidiary, American Bitcoin, and blanket tariffs are set to disrupt everything from auto sales to ASIC miner imports.
You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 10,000 Bitcoiners: https://newsletter.blockspacemedia.com
Want to mine Bitcoin? Check out the Blockspace Media store today!
Welcome to The Mining Pod's news roundup! Colin Harper and Matt Kimmel are joined by special guest Ethan Vera, the COO of Luxor, to discuss one of the most electric weeks for bitcoin mining news this year. They break down Hut8's new Trump-affiliated subsidiary American Bitcoin, Galaxy Digital's 15-year, $4.5 billion hosting agreement with CoreWeave, and how the Trump administration's blanket tariffs are bad news for miners and could lead to a 20-30% rise in ASIC miner prices. Plus, they cover Cango’s proposal to sell its auto-finance business to a Bitmain-linked entity for $352 million, and for this week’s cry corner, why Jack Dorsey thinks Lightning just isn’t cutting it.
# Notes:
- Hash price at pre-election lows of $40/PH/s/day
- Hut 8’sTrump-backed American Bitcoin
- Galaxy-CoreWeave deal worth $4.5B over 15 years
- New tariffs that will impact miners: 36% Thailand, 32% Indonesia, 24% Malaysia
-Cango proposes to sell its autofi business for $352 million
- Jack Dorsey: "We can do better than Lightning"
Timestamps:
00:00 Start
01:50 Difficulty Report
04:58 Trumps enter BTC mining
11:14 Galaxy CoreWeave deal
16:14 Tariffs are taxes
25:14 Cango Exits Auto Business
30:40 Cry Corner-LN a failure?
👉 CleanSpark (CLSK), America’s Bitcoin Miner!
Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!
👉 Digital Shovel, All Things Crypto Mining!
Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com
👉 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.
👉 Nicehash, Hashrate, Bitcoin payments and mining!
NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.
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!
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
