The Mining Pod | Blockspace Media

Welcome back to the show! This week, we’re joined by ‘The Coin Dad,’ one of the familiar faces around Bitcoin mining conferences (and mines!) with an extensive history in the small, young sector. The Coin Dad takes us through his personal life–including an overseas deployment to the Middle East–to his time entering Bitcoin mining, including deploying tens of thousands of machines for some of the largest mining companies and fabricating entire container designs. We fininish with a conversation about the Bitcoin Mining Museum, a passion project begun multiple years ago to preserve the history of Bitcoin mining hashrate!  Timestamps:00:00 Start01:31 Coin Dad's background10:27 Starting mining13:37 Altcoin fail19:30 Start working in Bitcoin33:46 Mining museum44:06 Bitcoin shoes47:34 Time for a brick & morterPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! How much have public miners raised since Q2? A lot – like, $2.2 billion kind of a lot. The majority of this liquidity flows from at-the-market (and other) stock offerings in Q2, while a handful of miners have also turned toward convertible notes for financing in Q3. In addition to that news, we also cover a story that Blockspace broke regarding CleanSpark’s desire to launch its own mining pool, and we finish the feel good underdog story that yes, solo miners are still out there (and they’re actually making money).  Timestamps:00:00 Start01:43 Bitcoin mining market / metric update7:50 Publicly traded Bitcoin miners raise $2.1 billion since Q210:00 Bitdeer $150 million convertible note12:46 Marathon $250 million convertible note to buy BTC14:21 Core Scientific $350 convertible note to pay down debt17:13 When CleanSpark pool? 23:48 Bitaxe and solo mining 33:54Published 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!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 LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! This week we are joined by Zach Bradford, CEO of Cleanspark, to discuss Cleanspark’s exlplosive 2024 growth. From purchasing peer miner Griid to new sites in multiple states, Bradford goes through Cleanspark’s last twelve months, why the company is focused on Bitcoin and Bitcoin only, why Cleanspark is focused on building in the US (but maybe not forever!), comparative strategies like MARA’s new HODL and possibly some tech developments worth listening to the end of the show for.Timestamps:00:00 Start02:15 12 month recap of operations05:57 Why not pivot to AI?11:19 Texas is too crowded13:27 International power locations15:56 Griid acquisition19:24 Swapping Griid's old rigs?21:28 Texas vs Georgia24:46 Bitcoin treasury29:18 Marathon's current strategy31:55 Growth strategies37:15 Launching a pool?38:02 Bitcoin Core development38:55 New rigs40:06 Wen zetahash?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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! This week we’re in studio talking about Bitcoin and Bitcoin mining news! Colin Harper, our new Editor-in-Chief, walks us through important updates including mining revenue bottoming to historic lows, Iris Energy (IRENE) struggling after a failed hedging strategy this summer in Texas, a flopped narrative violation on China banning (or not banning, depending on the quality of your research) Bitcoin mining and Paraguay trying to bring more Bitcoin mining down south!Timestamps:00:00 Start02:44 Difficulty report06:13 Miner Mag: $150M into new ASIC design09:43 Core Scientific Signs AI Contract20:49 Iris Energy Power Usage Spike24:43 Miners Holding BTC30:27 Paraguay MiningPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! This week we are joined by Bitcoin Mechanic, arguably the face of Ocean Pool. Ocean launched in November 2023 with a lot of hope, excitement and promise, even getting a node from former Twitter CEO Jack Dorsey with an investment. The Ocean Pool team promised to decentralize Bitcoin mining through novel block template options for individual miners, a new payout structure called Tides and, to much criticism, the filtering of Ordinals and Inscription projects natively. In this interview, we go through what happened over the course of 2024 with Ocean Pool, how its attracting hashrate, revisiting the ‘spam’ problem, block template construction and the future of Bitcoin in regards to MEV and future soft forks.Timestamps:00:00 Start02:08 Bitcoin Mechanic bio05:26 Start9 & node runners06:43 What's Ocean?08:20 Who is Ocean different?13:25 Block template centralization22:27 Closed Source firmware23:55 Ocean Biz Dev25:03 How to attract miners?34:56 PPLNS vs FPPS45:03 Why would a miner switch?49:39 How big is the market for hobbyist miners?56:36 Corporate pools59:31 Corporate MEV1:03:04 Template construction1:13:01 OPCAT & the future of BTCPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Charlie, Will and Matt jump on the mic to discuss this week’s Bitcoin and Bitcoin mining news, including the largest Bitcoin mining difficulty adjustment since January 2023 at 10.5%, Riot’s increasing pressure on Bitfarms for control over the latter company’s future, new ASIC models debuting at Bitcoin Nashville from Auradine and MicroBT, Cantor Fitzgerald rolling out a $2 billion book for Bitcoin companies and MARA’s $100 million HODL positionTimestamps:00:00 Start02:30 Difficulty update (NGU edition)07:04 MinerMag: Return of the HODL09:13 Russia Legitimizes Mining14:57 MinerMag: Aint No Love w/ Riot & Bitfarms18:38 Cantor Enters BTC Lending25:17 New MicroBT rigs26:33 New Auradine rigs29:06 Marathon goes full HODL modePublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Hive Digital is the oldest publicly listed Bitcoin mining stocks. It’s also one of the most conservative and efficient miners on the market. So why does it want to lean into AI and HPC so aggressively? We brought on Frank Holmes and Aydin Kilic of Hive Digital to understand the Canadian Bitcoin miners play, including the team’s background, the expectation on hardware turnaround time, using a Bitcoin treasury, expanding operations in Paraguay and reducing the cost to mine Bitcoin on the corporate level.Timestamps:00:00 Start02:22 Frank background04:24 Aydin background08:39 Operations update09:58 Hardware ROI 1 yr12:46 BTC treasuries17:39 Conservative growth20:13 Paraguay mining operations26:08 Zambia plans31:46 Reducing costs of international expansion39:00 Mining vs HPC vs AI profitabilityPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Ever wonder what to do with your mining stock equity, Bitcoin or other assets so you don’t get hit with a huge tax burden, financial issue or other inconvenience in life? Enter Bespoke Group, a family office and advisory focused on problems Bitcoiners face. We talk with Bespoke about managing your stack in a responsible way, from startup equity to tax structures to trusts.Timestamps:00:00 Start03:26 Matt's bio04:09 Jack's bio06:53 What is Bespoke?14:38 Anon Bitcoiner that led to Bespoke23:07 Convincing skeptical Bitcoiners32:01 What's the pitch?39:42 Stock option wealth planning43:20 BTC income planning56:00 Ordinals inheritance (no.. seriously)1:00:47 What to do with gains?1:05:33 Planning before the gains happenPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! In this week’s news roundup, we touch on Bitcoin network metrics, Bitcoin miners increasingly moving to AI, IREN’s short report and what it meant for the stock, Tether’s bid to take over Bitcoin mining (or, diversify revenue and asset holdings) and Charlie’s Ordinals report!Timestamps:00:00 Start02:58 Difficulty report06:08 Miners pivot to AI14:07 Iris Energy Short Report18:40 Tether & Northern Data23:30 Ordinals reportPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.-Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! Today we’re joined by Matt Lousteau of Giga to discuss what you need in the field for mining Bitcoin! From immersion to containers to transformers, we go through your potential needs to mine Bitcoin. Timestamps:00:00 Start02:24 What's new w/ Matt?04:03 10MW deployment04:35 Plans for Giga07:01 Giga products09:09 Sourcing transformers11:17 Miner transformer needs13:04 ASIC hardware changes16:15 Hydro & immersion20:08 Hydro solution form factor22:47 Dry coolers27:06 What are miners buying?30:22 Transformer competition30:50 Geopolitical sourcing risks33:21 AI growth35:16 WrapPublished 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! 👉 Check out Bitcoin Season 2 and The Gwart Show.👉 Watch our newest documentary, The Big Empty!Follow our host on Twitter, @wsfoxley.Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!"The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices