The Mining Pod | Blockspace Media

We talk about the US semiconductor chip ban, the Rhodium filing, and the Celsius and Core Scientific debt story. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley STORIES https://www.bloomberg.com/news/articles/2022-10-10/china-chip-stocks-drop-as-biden-tightens-rules-on-us-tech-access https://www.sec.gov/Archives/edgar/data/1236275/000121390022064755/fs42022_silversuntech.htm https://www.wsj.com/articles/crypto-miner-core-scientific-flags-threat-from-celsius-chapter-11-dispute-11666287993 https://www.globenewswire.com/news-release/2022/10/19/2537494/0/en/Riot-Announces-Groun[…]ata-Center-Facility-in-Corsicana-Navarro-County-Texas.html https://www.nbcdfw.com/news/local/concerns-bitcoin-mining-farm-coming-to-north-texas/3100197/ https://compassmining.io/education/september-monthly-performance/ 🎥 TIMESTAMPS: 00:00  Start 00:12  Intro 00:48  Biden Chip Ban 03:56  Rhodium Public Filing 07:11  Celsius Owes Core Scientific Money 11:58  Riot Expanding 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to the Mining Pod. Today we are rejoined by Mining Analyst Anthony Power. We talk about his miner performance rankings, debt and dilution and where markets go next. Anthony Power: https://twitter.com/cazenove Will Foxley: https://twitter.com/wsfoxley 🎥 TIMESTAMPS: 00:00  Start 00:22  Intro 02:06  Most profitable public miner? 07:11  Mid-tier miners 13:57  Loan servicing 22:38  Margins 25:19  What miners are at risk? 30:11  Debit vs revenue valuation 34:26  6 mo. prediction 43:57  Hashrate prediction 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

We talk about difficulty, hashprice, miners seeking relief from debt, NYDIG laying off 33% of its staff, Luxor Technologies new hashrate derivative and Braiins Stratum v2. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley STORIES https://data.hashrateindex.com/network-data/btc https://www.coindesk.com/business/2022/08/16/bitcoin-miner-stronghold-digital-in-restructuring-negotiations-with-lenders/ https://www.coindesk.com/business/2022/10/07/bitcoin-miner-argo-blockchain-raises-27m-to-ease-liquidity-pressures-shares-plunge-15/ https://compassmining.io/education/argo-blockchain-balance-sheet/ https://www.theblock.co/post/177162/nydig-laid-off-one-third-of-staff-in-september-wsj https://blockworks.co/nydig-raises-720m-for-institutional-bitcoin-fund/ https://hashrateindex.com/blog/luxor-technologies-launches-otc-bitcoin-mining-derivative/ https://twitter.com/BraiinsMining/status/1579822557788004352 🎥 TIMESTAMPS: 00:00  Start 00:26  Intro 01:08  Hashprice & Difficulty 03:58  Stronghold Restructures Debt 04:10  Argo Raises $27M 07:29  NYDIG Layoff 12:07  Luxor Hashrate Derivative 15:02  Braiins Stratum V2 Update 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 more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Louis Guthmann, ecosystem developer at Starkware. Starkware is building zero-knowledge proof rollups for multiple chains, including Bitcoin, that promises to dramatically change how Bitcoin can scale without sacrificing security or Bitcoin’s simplicity. In this first episode we go over how starks are different from Lighting, what fees starks would bring to bitcoin and the rationale behind Starkware’s efforts. Louis Guthmann: https://twitter.com/GuthL Will Foxley: https://twitter.com/wsfoxley 🎥 TIMESTAMPS: 00:00  Start 00:36  Intro 00:57  Meet Starkware 08:29  What is BTC lacking? 13:47  How is Starkware different? 18:37  Scaling off-chain 23:18  What are the tech costs? 30:36  How to implement? 34:42  Why do this? 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Kimmell of CoinShares and I talk about the 12% difficulty increase, Greyscales new mining product, miners raising capital and the latest in Compute North’s chapter 11. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley STORIES https://www.coindesk.com/business/2022/10/06/grayscales-new-venture-aims-to-capture-bear-market-opportunities-in-bitcoin-mining/ https://www.finsmes.com/2022/09/aspen-creek-digital-raises-8m-in-series-a-funding.html https://www.coindesk.com/business/2022/10/06/bitcoin-miner-marathon-invested-313m-in-bankrupt-data-center-compute-north/ https://www.theblock.co/post/175143/greenidge-seeks-to-raise-up-to-22-8-million-in-stock-offer https://compassmining.io/education/miners-face-millions-in-debt-payments-as-revenues-dry-up/ https://data.hashrateindex.com/network-data/btc TIMESTAMPS: 00:00  Start 00:24  Intro 01:49  12% upward difficulty adjustment 06:20  Grayscale new mining product 09:20  Aspen Creek Digital fund raise 13:09  Greenidge 16:46  Marathon 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 more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Zach Bradford, CEO of Cleanspark. Cleanspark is a publicly listed mining firm which has been leveraging its treasury model to scoop up distressed assets. We talk about treasury management, buying discounted contracts and energy rates. https://cleanspark.com Zach Bradford: https://twitter.com/zachkbradford Will Foxley: https://twitter.com/wsfoxley 🎥 TIMESTAMPS: 00:00  Start 01:06  CleanSpark 04:43  CleanSpark contracts 08:20  Hardware 10:32  Energy contracts 14:00  Stock valuations 20:08  Energy rates and clean energy 24:50  Treasury strategy 27:27  Cash on hand or credit? 30:14  Operations 32:55  Hashrate prediction 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

Matt Kimmell of CoinShares joins me again to talk about hashprice, difficulty, Celsius mining filing suit against Core Scientific and Rhodium testing public markets. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley STORIES https://www.theblock.co/post/173475/bitcoin-mining-difficulty-falls-2-14-after-four-consecutive-increases https://www.coindesk.com/business/2022/09/29/bitcoin-miner-rhodium-going-public-through-reverse-merger-with-silversun-technologies https://arcane.no/research/most-public-bitcoin-miners-have-racked-up-losses-in-their-lifetimes https://data.hashrateindex.com/network-data/btc 🎥 TIMESTAMPS: 00:00  Start 00:23  Intro 00:47  Difficulty & hashprice 02:59  Celsius lawsuit 11:06  Arcane: Miners Negative Earnings 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

We sat down again with Mark Rossano of C6 Capital Holdings to talk about energy markets - both international and domestic. We go through PPAs and the crazy California ISO. Mark Rossano: https://twitter.com/markfny Will Foxley: https://twitter.com/wsfoxley 🎥 TIMESTAMPS: 00:00  Start 00:27  Intro 02:32  NatGas International Markets 07:31  Summer vs. Winter 11:03  Governments & energy prices 16:34  Countries swapping providers 19:16  Politicians stepping in 30:16  California energy problems 34:56  California vs. Texas 38:13  Bitcoin miner PPAs 43:24  Energy price prediction 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are talking news with Matt Kimmell of CoinSharees including Compute North filing Chapter 11 bankruptcy, Stakefish slashing 25% of its staff and Bitmain lowering ASIC prices by 30%. Matt Kimmell: https://twitter.com/MatthewKimmell Will Foxley: https://twitter.com/wsfoxley STORIES https://www.coindesk.com/business/2022/09/22/crypto-mining-data-center-provider-compute-north-files-for-bankruptcy-protection/ https://www.coindesk.com/business/2022/09/23/bitcoin-miner-marathon-digital-downgraded-at-btig-on-headwinds-from-compute-norths-bankruptcy/ https://www.coindesk.com/business/2022/09/23/ethereum-merge-vastly-increased-stakefishs-profile-but-25-of-its-employees-are-gone-anyway/ https://www.coindesk.com/business/2022/09/21/bitmain-discounts-bitcoin-mining-machines-in-an-already-depressed-market/ https://data.hashrateindex.com/network-data/btc 🎥 TIMESTAMPS: 00:00 Start 00:29 Intro 00:41 Compute North 09:39 Stakefish layoffs 15:44 Bitmain discounts 22:22 Hashprice 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices

Today we are joined by Arcane Research analyst Jaran Mellerud to talk about Arcane’s new report, “How Bitcoin mining can transform the energy industry.” We discuss Bitcoin mining’s novel features, the economics of renewable energy and underrated positive externalities. Summary https://compassmining.io/education/how-bitcoin-mining-can-transform-the-energy-industry-arcane-research/ Full Report https://arcane.no/research/how-bitcoin-mining-can-transform-the-energy-industry-new-report Jaran Mellerud: https://twitter.com/JMellerud Will Foxley: https://twitter.com/wsfoxley 🎥 TIMESTAMPS: 00:00  Start 00:26  Intro 01:08  Bio 03:51  Report: How Bitcoin Mining Can Transform the Energy Industry 12:26  Nonflexible Load 17:16  The Paris Accords & Demand Response 22:33  Energy markets 24:41  Bitcoin vs. Other Excess Uses of Energy 28:59  BTC + Renewables Operations 35:07  Flare gas miners] 39:38  Heat collection 46:24  Changing the BTC narrative 48:50  Hashrate prediction 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 Happy hashing! 🤝 #Bitcoin #BitcoinMining Learn more about your ad choices. Visit megaphone.fm/adchoices