Ethan Vera

CEO of Luxor and guest on the episode, offering expertise on the ASIC market, hashrate flows, and mining pool perspectives.

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Oct 31, 2025 • 43min

THE MINING POD: CoreWeave-Core Scientific Deal Fails, CleanSpark Eyes 285 MW AI Site, TeraWulf’s $9.5B Fluidstack Deal

Ethan Vera, CEO of Luxor and ASIC market expert, joins to discuss the fallout from Core Scientific's failed $9 billion acquisition by CoreWeave. He reveals surprising hash rate growth driven by China and Russia, despite a slowdown in U.S. mining. The conversation dives into CleanSpark’s new 285 MW AI site and TeraWulf's $9.5B deal with FluidStack. They also debate the future of mining pools amidst a controversial soft fork proposal, highlighting the tension between economic incentives and permissionless transactions.

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