ASIC Border Seizures, Tencent’s BTC Mining Exposure, Miners Double Down on AI

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Welcome back to The Mining Pod! For this week’s news roundup, Colin and Matt talk about the big story Blockspace broke this week: the U.S. Customs and Border Protection agency is seizing Antminer ASICs at ports of entry, and it’s also started to detain MicroBT and Canaan units. Plus, the $500 billion Chinese tech giant Tencent ups its stake in newly-christened public bitcoin miner Cango to 15.6%. They also touch on Bit Digital’s WhiteFiber AI rebrand, and why Riot’s newest board member signals that it’s getting increasingly serious about an AI pivot. The duo also welcomes Luxor Director of Energy Trading Haley Thomson to discuss what the AI boom means for Texas power prices. And for this week’s cry corner: bitcoin obituaries are dead – all hail number go up.

Timestamps

00:00 Start

01:20 Difficulty report

04:33 CBP crackdown on ASICs

12:08 Tencent owns 15% of Cango

18:05 Haley Thomson, Dir of Energy Trading @ Luxor

30:52 Bit Digital rebrands AI/HPC as WhiteFiber

32:24 Riot appoints Jamie Leverton to board among AI/HPC probe

34:27 Cry Corner: Bitcoin obituaries are dead

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