The Mining Pod | Bitcoin Mining News Antminer S23, Swan’s Lawsuit, Pakistan 2GW Ambitions, Trump Tariffs and a Cango Update!
May 31, 2025
Join Colin and Will as they explore the cutting-edge Antminer S23, boasting unprecedented efficiency. Hear about Swan's lawsuit drama and Pakistan's bold 2GW mining plans. They dive into Trump's tariffs and their uncertainty for the mining landscape. Don't miss the captivating tale of the Skull of Satoshi artwork, stirring debate in the crypto community! Plus, an intriguing update on Kango's evolution from a car business to a Bitcoin mining powerhouse. Get ready for insights and laughs from the Las Vegas Bitcoin Conference!
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Bitmain's Energy Efficiency Milestone
- Bitmain's Antminer S23 is the first ASIC with sub-10 joule per terahash efficiency, marking a milestone in miner energy use.
- This signals a technological advancement nearing the limits of silicon efficiency in Bitcoin mining hardware.
Swan Lawsuit Paused for Arbitration
- The Swan lawsuit against former employees is paused pending arbitration review by the Ninth Circuit Court.
- This reflects typical protracted legal disputes in Bitcoin mining, often resulting in delays and diluted public interest.
Pakistan's 2GW Mining Ambitions Skeptical
- Pakistan announced a plan to allocate 2 GW for Bitcoin mining and AI data centers as part of a broader strategy.
- However, skepticism exists because their current energy infrastructure struggles to sustain city demands.