The Mining Pod | Bitcoin Mining News

Today we are joined by Anthony Power to discuss his March mining updates, strengths and weaknesses of miners and a special note on Core Scientific, who recently appointed a new president. https://compassmining.io/education/mining-stock-roundup-march-2022-monthly-bitcoin-mining-numbers/ Anthony Power: https://twitter.com/cazenove Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 00:56 Separating miners into divisions 04:11 Hive merger 10:03 Iris hashrate 11:26 Utilization rate 15:18 3 classes of miners 19:55 immersion overclocking 22:16 New miners on the scene 28:31 Core Scientific 33:35 Balance sheet management MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Jamie Leverton and Asher Genoot of Hut 8 and US BTC to discuss the merger of the two Bitcoin mining firms. We talk about US BTC’s operations, its strategic purchases in 2022 and merging the two firm’s assets. https://hut8.io/ https://usbitcoin.com/ Jamie Leverton: https://twitter.com/jaimeleverton Asher Genoot: https://twitter.com/ashergenoot Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 02:10 Merger overview 05:07 USBTC assets & experience 09:12 Bear market asset acquisitions 15:05 Hut 8 BTC treasury & Canada 19:56 Integrating business ops 24:06 Mining sites as data centers 26:35 Hashrate predictions MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we discuss Intel pausing ASIC manufacturing due to inventory glut, Gensler doing his best impression of a piñata in Congress & Coinbase considers moving to Bermuda. Will Foxley: https://twitter.com/wsfoxley STORIES https://www.coindesk.com/tech/2023/04/21/solanas-annual-carbon-footprint-equals-8-flights-from-london-to-new-york/ https://www.coindesk.com/business/2023/04/20/crypto-exchange-coinbase-receives-license-to-operate-in-bermuda/ https://www.coindesk.com/business/2023/04/18/bitcoin-financial-services-firm-unchained-capital-raises-60m/ https://twitter.com/sassal0x/status/1648338351832064003 https://mempool.space/mining TIMESTAMPS: 00:00 Start 01:14 Intel pauses ASIC manufacturing 03:36 Solana ESG nonsense 05:35 Coinbase Bermuda register 09:01 Gensler in the hot seat 14:54 Unchained raises money MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Clara Medalie of Kaiko Research to talk about Bitcoin markets. We discuss market depth post-FTX, what a healthy Bitcoin marketplace looks like and how miners can influence price action. https://www.kaiko.com/pages/kaiko-research Claire Medalie: https://twitter.com/clara_medalie Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 01:58 BTC market structure 03:41 Market maker volume 05:22 Why makers aren't filling the gap 07:32 Low liquidity, higher volatility 09:06 Number go up? 10:25 Historical comparison 12:06 Binance order book 14:29 Wash trades 15:47 Miner selling BTC 17:43 Market selling 10k BTC 19:55 Healthy market structure MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are covering Bitcoin price breaking $30k, Ontario & Sweden Energy Rates & the Bitdeer SPAC not going so well. Will Foxley: https://twitter.com/wsfoxley STORIES https://dune.com/queries/2008613/3324931 https://www.coindesk.com/business/2023/04/14/bitcoin-miner-bitdeer-stock-slumps-nearly-30-at-trading-debut/ https://toronto.ctvnews.ca/ontario-introduces-new-ultra-low-overnight-hydro-pricing-1.6350650 https://www.coindesk.com/policy/2023/04/14/sweden-drives-final-nail-into-its-bitcoin-mining-industry-with-tax-hike/ https://mempool.space/mining TIMESTAMPS: 00:00 Start 04:02 1M Ordinals 04:42 Ontario & Sweden Energy Rates 08:07 Bitdeer SPAC 11:01 ETH hard fork MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Matt Lousteau of Luxor Technologies to discuss their newest firmware, LuxOS. We discuss the reason for making the firmware, its benefits and options for onboarding to the firmware. https://luxor.tech/firmware Matt Lousteau: https://twitter.com/tdr_mlousteau Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 01:36 Mining pool configurations 05:11 Luxor as a full stack solution 06:45 Firmware counterparty risk 08:06 Functions of 3rd party firmware 11:13 Future Luxor tech stack 12:22 Hashrate splitting 13:55 LuxOS fees 15:39 When Whatsminer? 16:51 Any tech problems with Whatsminer? 20:13 Who is the customer? 21:15 Electricity curtailment applications 23:38 Antminer problems MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week’s news roundup, we talk about the Bitcoin whitepaper begin hidden deep in MocOS, Foundry ending its free services and Paxful shutting down. Will Foxley: https://twitter.com/wsfoxley STORIES https://www.coindesk.com/tech/2023/04/06/hidden-inside-macos-the-bitcoin-whitepaper https://www.bloomberg.com/news/articles/2023-04-06/dcg-s-bitcoin-mining-firm-foundry-to-stop-offering-free-services https://www.coindesk.com/business/2023/04/04/peer-to-peer-bitcoin-exchange-paxful-to-suspend-operations https://mempool.space/mining TIMESTAMPS: 00:00 Start 01:28 MacOS Bitcoin whitepaper 02:48 Foundry new fee 04:29 Paxful shuts down MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_miningLinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Marko Tarman of Nicehash. We discuss how it operates, solo miners finding blocks on Nicehash and why operators might want to sell hashrate into a marketplace. https://www.nicehash.com Marko Tarman: https://twitter.com/MarkoTarman Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 01:17 Single block winner 03:55 Cost to rent hashrate? 05:27 History of Nicehash 06:38 Effect of ETH merge 08:27 How it works? 13:07 Who's buying? 15:31 MEV on Nicehash? 16:50 Who are the sellers? 18:20 Fluctuations of hash supply recently? 19:31 Profits over spot price? 22:31 5-10% profit for miners 25:47 Competitors? MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Rete Browning & Isaac Fithian from Cathedra to discuss their recent underclocking study, what it means for efficiency, profitability and rig lifespan. https://twitter.com/cathedrabitcoin/status/1624086205485707264 https://cathedra.com Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 01:32 Underclocking experiment 07:51 Testing the underclocking 13:23 Frequency vs Voltage 19:27 The role of temperature 24:27 What is Catherdra doing with the results? 29:21 Software for underclocking? 32:05 Implications? 35:10 Importance of real world testing 36:21 Perception of machine lifespan MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_miningLinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we discuss Foreman’s product stack, how integrating automation and intelligence into mining increases hashrate and how middleware providers are thinking about energy markets. https://foreman.mn/ Will Foxley: https://twitter.com/wsfoxley SPONSOR: https://foundryacademy.com TIMESTAMPS: 00:00 Start 01:24 What is Foreman? 02:49 How to use it? 05:44 Monitoring your whole ecosystem 10:13 Problems pulling data 15:01 Scaling your miner count 19:38 Quick remote diagnostics 22:14 Balancing the electrical grid with miners 32:59 What's Foreman working on? MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Anchor https://bit.ly/3rmb7UF RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. ✍️ Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices