CoinDesk Podcast Network THE MINING POD: Bitcoin Mining News: Trump-Backed ABTC Goes Public, IREN Overpriced? And CORZ Deal Trouble
Sep 5, 2025
In this engaging discussion, Sarah Tang, a Senior Account Manager at Luxor's ASIC trading desk, dives into the current ASIC market, shedding light on how tariffs are reshaping pricing and demand. She explores popular mining models and the impact of geopolitical factors on supply lines. The conversation shifts to American Bitcoin's rollercoaster debut on Nasdaq and the controversy surrounding the Core Scientific-CoreWeave merger, unraveling investor concerns and potential market implications.
AI Snips
Chapters
Transcript
Episode notes
Difficulty Nears 1 Zeta Hash
- Bitcoin network difficulty is nearing 1 ZH/s, with 1 ZH/s equaling 139.7 trillion in difficulty.
- Hash price is slipping to about $53.8 per PH/day amid lower fees and mild BTC price weakness.
New Listings Can Whipsaw Wildly
- American Bitcoin's Nasdaq debut showed extreme intraday volatility, spiking to $13 then dropping to about $6.38.
- The hosts flagged that large first-day moves are common for recent crypto-related listings and can harm new investors.
Mitigate Tariff Impact On ASIC ROI
- Expect tariffs to extend ROI and push buyers toward mid-gen models when power is cheap.
- Consider sourcing machines from tariff-free regions or domestic assembly to reduce landed costs and uncertainty.