THE MINING POD: Bitdeer’s Power Plant, Trump’s ETFs, Softbank’s $50m Cipher Bet, and Nebraska’s Mining Tax

On this week’s news roundup, Bitdeer’s acquiring rights for a 101 MW power plant and Trump wants to launch a BTC ETF. 

Welcome back to The Mining Pod! Colin, Will, and Matt are back at it this week with a packed docket of news. Bitdeer has acquired the rights for a $90 million, 101 MW natural gas power plant in Alberta in a bid to become even more vertically integrated, and Cipher cashes in on Project Stargate with a $50 million investment from Softbank. Plus, two cheers for taxation (but not actually): Russia has codified a tax code for bitcoin miners, and a Nebraska Senator introduces a bill for a $0.025 per kw excise tax on bitcoin miners. For our last news item, Trump wants to launch bitcoin ETFs, because memecoins just weren’t sophisticated enough. And for this week’s cry corner, why Ethereum is no longer deflationary and what a croissant can tell us about the future of ETH issuance (seriously). 

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Timestamps:

00:00 Start

02:21 Difficulty report

05:03 Bitdeer Power Plant

11:32 Softbank invests $50m in Cipher

16:18 Russian miners reporting & taxes

22:20 Nebraska rate hike

28:17 Bitcoin Plus ETF

32:20 Cry corner: uLTrA SOunD MooONeeY

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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