The Mining Pod | Blockspace Media

Operation Red Sunset, the White House’s Genesis Mission, Tether Buys BTDR, RAM Prices Soar

Nov 28, 2025
Explore the U.S. government's investigation into Bitmain amid national security concerns. Delve into the harsh realities of mining with record-low hash prices and the struggles of small miners. Discover Tether's renewed investment in BitDeer and Hive's ambitious $300M offering. Plus, hear about the surge in RAM prices driven by AI demand, leaving gamers and PC builders reeling. And don't miss the insights on Trump's executive order aimed at accelerating AI and energy research.
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INSIGHT

Relentless Hashrate Amid Hashprice Collapse

  • Hash price hit all-time low pressure at about $36 per PH/day while hash rate kept rising relentlessly.
  • This creates a brutal middle where miners face low revenue and no meaningful transaction fees.
ANECDOTE

Small Miners Quietly Capitulating

  • Charlie spoke with several 1–5 MW private miners who are shutting down because they couldn't or wouldn't upgrade rigs.
  • Those small operators face a likely capitulation without access to public markets or fresh capital.
INSIGHT

Operation Red Sunset Targets Bitmain Influence

  • The U.S. Department of Homeland Security launched Operation Red Sunset probing Bitmain for possible data-harvesting and national security risks.
  • The focus seems to be Bitmain-affiliated U.S. operators and network influence rather than blanket claims all devices are compromised.
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