Khan Fiharani

Khan Fiharani, a research associate at Luxor and Hashrate Index, dives into the evolving world of Bitcoin mining. He discusses Tether's ambitious $25M investment in AntAlpha, signaling increased corporate interest. The conversation shifts to Galaxy's CoreWeave expansion at Helios and how AI is intersecting with Bitcoin mining for operational efficiencies. Fiharani also highlights post-halving challenges for miners, delving into rising difficulty and Tether's influence on the sector, while touching on the controversial OP_RETURN proposal affecting data usage.

Khan Fiharani, a research associate at Luxor and Hashrate Index, shares insights on Bitcoin mining dynamics. The discussion highlights Tether's $25M investment in AntAlpha and Galaxy's expansion with CoreWeave, amassing 393MW. Fiharani delves into Bitcoin's electricity use, currently at 0.5% of global consumption, and the imminent effects of the 2024 halving, including a projected 40% difficulty spike. The episode wraps up with a heated debate on the OP_RETURN limit, touching on its implications for data use and governance in the Bitcoin space.