The Mining Pod | Bitcoin Mining News

Welcome back to The Mining Pod! Bitcoin’s hashrate is ripping, so Will and Colin sit down to discuss where all the new hashrate is coming from. They also touch on updates for Greenidge’s long-standing lawsuit against the State of New York and why the scuttlebutt that Bitmain might come under the scope of US sanctions is unfounded for now. Finally, in this week’s cry corner, why you shouldn’t spend £500 to hear yet another bloviating imposter claim that he’s Satoshi. 👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start02:41 Difficulty update11:13 US, Russia, China drive bitcoin hashrate all-time high16:47 Greenidge lawsuit with the State of New York21:17 Rumors catch Bitmain in the crossfire of Sophgo investigation27:37 Cry corner: Satoshi reveals himself (lol jk)Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Bitcoin Stock Show!Yesterday, we livestreamed Riot's Q3 earnings call, so for today's show, we unpack the earnings call with a special guest, PennyEther! PennyEther is a bitcoin mining stock analyst who shares his research and insights on X. This podcast is a truncated version of the livestream, where we cut the earnings call bit and dive straight into our post-call analysis. If you'd like to listen to the full episode with the earnings call, hop on over to The Mining Pod YouTube channel!👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @bc1matt-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today we are joined by Kyle Schneps, VP of Public Policy at Bitcoin mining pool Foundry, joins us to discuss…well the election! Why did Bitcoin miners go so hard for Trump and will there be repercussions? Why did Foundry sit in between and not endorse either candidate? And what actually matters more in 2024, States or the Federal level?👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:05 Foundry & political lobbying04:09 New York state politics11:10 Trump, AI & energy policy17:33 Harris statement on crypto22:54 Miners love Trump?27:16 What happens if Harris loses?30:47 US Bitcoin industry32:24 Key election issues for Bitcoin37:12 Miners working with energy companies39:29 Get involvedPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmellThank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! Will, Colin, and Matt are back with another news roundup. It’s election season, so naturally, headlines about Russia have weaseled their way into the news cycle – only this time, the news is about how Russia allegedly wants to encourage trade in bitcoin to bypass sanctions. The gang also talks about Coinmint’s partnership with NYDIG to expand its Massena, NY facility, and our friends at Compass give us an update on the bitcoin mining hosting market. The show wraps up with the latest on Core Scientific’s $8.7 billion deal with Core Weave, and in this week’s cry corner, the fellas are perplexed at why Dennis Porter, founder of Satoshi Action Fund, is getting so much heat for Pennsylvania’s new bitcoin rights bill.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start00:53 Difficulty update04:00 Russia using bitcoin for international trade?15:26 Massena & the Alcoa East plant18:36 Hosting update w/ Karoon from Compass32:46 Core Scientific Final Contract Option by CoreWeave37:49 Cry corner: why so butthurt about Dennis Porter?Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s stock show, Colin interviews Bitfarms CEO Ben Gagnon and Senior Vice President of Global Mining Operations Alex Brammer. Bitfarms made a name for itself as one of the first publicly traded bitcoin miners to expand into South America, first with its operations in Argentina and then in Paraguay. Now, Bitfarms is planning to house 50% of its future hashrate in Pennsylvania with its acquisition of Stronghold Digital. They discuss how their new portfolio in Pennsylvania gives Bitfarms the option to enter the energy trading business, and Bitfarms’s strategy for potentially breaking into the AI/HPC business by 2026.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Intro02:20 Why Bitfarms entered into the South American market07:10 Experience with regulation and approval process in Paraguay10:00 Difficulties with expanding in Quebec13:50 Why Bitfarms likes the PJM power region18:00 Stronghold acquisition: power market play, expansion play, or both?23:40 Bitfarms HPC aspirations31:15 Will bitcoin miners need to pivot to AI/HPC to remain relevant? 34:40 How mining can fill in demand gaps for AI/HPC43:20 How Bitfarms plans to fund mining expansion and potential AI/HPC operationsPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of Africa, particularly with well connected Chinese Bitcoin miners sourcing hydro-powered contracts. Ethan recently visited so we brought him on with Kal to discuss what’s actually happening, the costs versus North American mining and how to invest in the area (if you’re willing to take the risk!)👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!CHAPTERS00:00 Start01:55 Kal's bio02:45 Ethan's bio03:58 Ethiopia mining scene06:16 Ethan on Ethiopia08:45 Stat of Ethiopia's grid13:47 Political risks19:23 China in Ethiopia24:55 US to Ethiopia challenges30:58 Mining in other parts of Africa34:11 African miners moving to Ethiopia?37:35 Bitcoin jobs in AfricaPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmellThank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s news roundup, Colin and Matt discuss how US public bitcoin miners are growing their share of Bitcoin's hashrate. Plus, Marathon is leveraging its trove of 26,000+ BTC and Cipher is going bigly with three pending mining site acquisitions for a total of 1.5 GW of capacity, some of which the miner may allocate toward AI/HPC compute. They also touch on some AI updates from Crusoe and Bit Digital, and in this week’s cry corner, why grown men are getting big mad about arbitrary data on everyone’s favorite block explorer. 👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:42 Difficulty update04:19 29% PubCo Hashrate report JPMorgan10:50 MARA Unlocks $200M BTC-Backed Credit Line18:06 Cipher Mining Acquires 1.5 GW in Texas24:37 Blue Owl Backs Crusoe in AI Move29:35 Bit Digital Acquires HPC Data Center32:38 Cry corner: "Runes, ordinals, etc don’t exist"Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! For this week’s Bitcoin Stock Show, we sit down with Jeff LaBerge, the head of capital markets and strategic investments at Bitdeer. Bursting onto the scene last year with its IPO, Bitdeer quickly became one of the public bitcoin miners to watch, and now, the company is designing its own ASIC miner, the SEALMINER. How did Bitdeer secure TSMC chip allocation for the series, and will Bitdeer sell this ASIC on the open market or keep it for itself? We answer these questions and more, and we also touch on Bitdeer’s multi-continent AI/HPC aspirations.  👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:28 Jeff's background & Bitdeer03:51 Bitdeer's ASIC business06:41 Foot in the door with TSMC11:55 Retail vs internal allocations15:07 Different model timelines17:16 Cooling design18:48 Hydro & immersion cooling20:59 Manufacturing capacity22:05 AI & HPC25:15 Different business lines30:57 Norway deployment35:03 Butan futurePublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! Today we’re joined by Skot, the creator of the open source Bitcoin mining project Bitaxe! Launched a bit over a year ago, Bitaxe is a simple way to bring mining back to the household by taking a chip from state of the art Bitcoin miners like the Bitmain S21 and gluing it with a bunch of other parts into a mini-home miner! We talk with Skot about the origin of the idea, why he wanted to make something like the Bitaxe, the value of home mining and the future of mega miners like Riot, Marathon or others.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start02:10 What's a Bitaxe?05:20 How is it open source?06:15 Salvaging chips10:45 Sourcing components13:11 How are they sold?15:05 Why make the Bitaxe?19:19 Node + Bitaxe?21:04 Increasing collaboration26:42 Pleb mining30:30 The future of mining36:09 Bitaxe timeline36:50 The experience making the Bitaxe42:13 Wrap upPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmellThank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod! We’re going through Bitcoin and Bitcoin mining news including a difficulty update after Florida hurricanes, IREN’s lawsuit about HPC, Bitmain releasing another version of the S21 with less efficiency (why?), Marathon’s Anduro platform getting in on tokenized whiskey, Marathon also getting sued for being too loud at its Granbury, Texas site and HBOs new Satoshi Nakamoto documentary uncovering the creator of Bitcoin was none other than Peter Todd, a guest and friend of the show! We dig in.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:15 Start01:16 Difficulty update03:14 IREN HPC lawsuit09:26 Bitmain announces new S21 variants15:04 MARA’s whiskey on the blockchain25:30 MARA’s continued dispute with Texas town29:16 Cry corner: HBOs documentaryPublished twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday! 👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!👉 Check out Bitcoin Season 2 and The Gwart Show!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices