CoinDesk Podcast Network THE MINING POD: Bitcoin Mining Stock Prices Lose $20B, Bitdeer’s Data Center Fire, Auradine’s New Unit, Jim Cramer Yells at CRWV
Nov 14, 2025
Bitcoin mining stocks took a nosedive, losing $20B in value recently. The hosts discuss a fire at Bitdeer's Ohio facility that destroyed critical units. Controversy sparks around Lava’s new custody model amid trust issues. Auradine unveils its new Teraflux miner, generating buzz over its efficiency claims. Meanwhile, NYDIG makes waves with strategic energy asset acquisitions. Jim Cramer takes a jab at CoreWeave’s CEO, adding to the drama in the mining world.
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Sectorwide Mining Stock Meltdown
- Bitcoin mining stocks plunged sharply, with many names down 5–10% intraday and $20B wiped from sector market cap since October.
- The surge earlier this year created elevated expectations that are now correcting amid broader market sell-offs.
Hash Price Pressure Makes Efficiency Essential
- Hash price recently dipped to low levels and miners face pressure as difficulty ticks and price dynamics compress revenue per TH/s.
- Next‑gen machines under ~10 J/TH are becoming survival tools rather than optional efficiency upgrades.
BitDeer Ohio Facility Fire
- BitDeer suffered an electrical fire at an Ohio facility, damaging two of 26 buildings while welding work reportedly sparked the blaze.
- The incident coincided with missed earnings and management absences, intensifying the company's stock decline.