Bitcoin’s at an all-time high and bitcoin mining stocks are feeling the love, and Texas is one step closer to a bitcoin strategic reserve.
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Welcome back to The Mining Pod! Bitcoin is ripping and just set an all-time high of $112,000. Bitcoin mining stocks are rallying hard in return, and we cover the winners (and laggards) at the top of the show. Plus, company updates on Cango’s 18 EH/s expansion and Cipher's $150M convertible note, how Texas is on the cusp of establishing a bitcoin strategic reserve, and Parasite Pool's novel "plebs eat first" payout model.
# Notes:
• Bitcoin reaches all-time high above $111,000
• Hash price sits at $58/PH/day
• Cango exercises 18 EH/s purchase option
• Cipher Mining raises $150M convertible note
• Network hashrate at 880 EH/s currently
Timestamps:
00:00:00:00 Start
00:01:55:11 Hashprice forecast with Luxor
00:04:38:24 Mining Stocks Rip upwards
00:10:39:09 Fractal Bitcoin
00:11:14:07 Cango & Antalpha sale
00:16:55:06 Cipher growing fleet
00:22:56:27 Texas passes first part of SBR
00:26:31:17 New Pleb mining pool
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