The Mining Pod | Blockspace Media TeraWulf’s $1.3B Raise, Riot’s $500 ATM, SMLR-ASST Merger, Beckham Bends Away from BTC
Jan 2, 2026
Delve into the decline of Bitcoin's hash rate and how it narrowly avoided severe negative adjustments. TeraWulf secures a whopping $1.3 billion in financing for AI computing, while Riot introduces a $500 million ATM offering. Discover the merger of Semler Scientific and Strive, along with debate on the relevance of celebrity treasury strategies, particularly David Beckham's company shifting away from Bitcoin. Explore the macroeconomic forecasts for potential market rejuvenation in 2026!
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Hash Rate Cliff And Miner Capitulation Risk
- Network hash rate has fallen sharply and may drop below one zeta hash by year-end.
- Low hash price and weak fees magnify miner capitulation risk.
Near-Miss On Rare Difficulty Streak
- Bitcoin just avoided four consecutive negative difficulty adjustments, an event last seen around the 2021 China ban.
- Such a sequence is extremely rare and signals material miner stress when it appears.
TeraWulf's Big AI Financing
- TeraWulf secured regulatory approval for Lake Cayuga and is pursuing AI compute expansion.
- The company obtained $1.3B secured financing for its Abernathy AI campus at 7.25% interest.