THE MINING POD: Compute North Lawsuit, Phoenix Group’s 50 MW Site, Canaan’s Nano 3S and Avalon Mini 3

We cover the Compute North creditor lawsuit, Phoenix Group’s new 50 MW North Dakota site, and Canaan’s Nano 3S and Avalon Mining 3 in today’s news roundup. 

Welcome back to The Mining Pod! For today’s news roundup, Will, Colin, and Matt are joined by Luxor CEO, Nick Hansen. The gang covers news that Blockspace broke this week pertaining to a creditor lawsuit against former executives of defunct Compute North, the erstwhile bitcoin mining hosting titan that went bankrupt in 2022. Plus, Phoenix Group’s 50 MW bitcoin mine in North Dakota, a 2024 bitcoin mining market review from Nick, and Canaan’s new home mining heater series with the Nano 3S and Avalon Mini 3. And for this week’s cry corner, popular Ethereum browser wallet Metamask is adding support for…Bitcoin? 

Timestamps:

00:00 Start

02:19 Difficulty report

07:32 Creditors sue Compute North

16:30 Phoenix 50MW North Dakota site

27:18 Yearly overview

31:15 Canaan Nano 3 home heater

40:13 Cry corner: Metamask seeks Bitcoin product manager

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 

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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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