Small miners capitulating

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Welcome back to The Mining Pod! Today, Colin and Charlie break down Operation Red Sunset—the US government's probe into Bitmain over national security concerns. We also cover brutal mining economics with hashprice at all-time lows, Trump's new executive order spurring AI and energy R&D, Hive's $300M at-the-market offering, and Tether reupping its BTDR investment. And for this week’s dual cry corner, why Cardano still sucks and why gamers are crying as RAM prices surge from AI demand.

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**Notes:**

- Hash price at $36 per petahash per day (all-time low territory)

- First back-to-back negative difficulty adjustments since summer

- Small miners (1-5MW) shutting down operations

- DDR5 RAM jumped from $100 to $400+ per unit

- Hive raises $300M at-the-market offering

- Operation Red Sunset targets Bitmain security risks

Timestamps:

00:00 Start

01:34 Difficulty Report by Luxor

06:22 US probes Bitmain

13:37 White House Genesis Mission EO

18:34 Hive $300m ATM

20:40 Tether reups its BTDR stake

26:17 Cry Corner: Cardano go down

30:44 Cry Corner: RAM too spensy

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