CoinDesk Podcast Network THE MINING POD: Bitcoin Mining News: Tether’s Court Win, US Gov’t Eyes Bitmain, AI’s Hashrate Impact
Sep 12, 2025
Tether scored a significant legal victory over Swan, sparking discussions about the future of their joint venture. The U.S. government is putting pressure on Bitmain, raising national security questions. Meanwhile, Bitcoin’s mining difficulty surged, highlighting the industry's increased competitiveness. AI's growing influence on hash rates also raises intriguing market dynamics. Plus, a deep dive into the hefty salary of Ocean Pool’s CEO adds a dash of drama to the mining scene!
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Big Difficulty Surge Driven By Seasonality
- Network difficulty jumped ~5% and is expected to rise another ~8% mid-period.
- Seasonal regional power shifts (Texas/ERCOT) and new rigs drove the large adjustment.
Hash Price Stays Muted Despite More Hashrate
- Hash price remained in the mid-$50s per PH/s despite difficulty increases.
- Bitcoin price and fee market haven't supported higher miner revenue yet.
AI Deals Lift Mining And Infrastructure Stocks
- AI HPC demand and macro rate-cut expectations lifted mining and AI-adjacent stocks.
- Recent enterprise deals (Microsoft/Nebius, Oracle) established higher valuation precedents for AI infrastructure.