Welcome back to The Blockspace Podcast! The Federal Energy Regulatory Commission has finalized new guidance aimed at fast tracking data centers across the U.S.. The rules aren’t set-in-stone or enforceable yet, but the new guidance is the most significant regulatory action yet by the agency in the age of AI. For other news, we cover Hive’s new $220 million AI contract and its pending acquisition of a 32 MW data center in Boden. Sweden. For interviews, we welcome Anchor Watch CEO Rob Hamilton to discuss why Strategy’s STRC has fallen 10% over the last month from its targeted $100 price, and Bitcoin developer Hunter Beast joins us to discuss the latest in solutions for Bitcoin’s quantum computing threat. And finally. Luxor Head of Derivatives Matt Williams hops on to explain why AI data centers require a greater degree of hedging than bitcoin miners, and why the most recent round of GPU compute futures are solving for the wrong thing. 

Check out Dimetrics, the AI industry’s Bloomberg terminal. Track financial metrics and news for AI stocks, GPU rental prices, state-by-state data center pushback, and more with the compute industry’s most powerful dashboard.

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Energy Investors Forum is coming to Dallas on July 23, bringing together executives, operators, fund managers and investors across AI infrastructure, energy markets, data centers and bitcoin mining.

If you follow the business of power, compute and digital infrastructure, EIF is built to help you understand where these markets are heading and who is shaping them.

BlockSpace listeners can get 30% off all tickets with code BSP30 at checkout.

Register here: https://www.energyinvestorsforum.com/

Use code: BSP30

Welcome back to The Blockspace Podcast! Applied Digital just closed a $1.59 billion senior secured note round to fund a 150 MW expansion at its Polaris Forge 1 site for CoreWeave. Plus, we welcome Tim Neimeyer, the president of the Illinois Bitcoin Council, to discuss a new Illinois law that taxes every bitcoin brokerage transaction at 0.2%. For other news, we cover Moody’s Marc Pinto’s comments on Bloomberg TV that AI could spell danger of software-as-a-service company private credit, as borrowers may start to worry about eroding SaaS motes in the age of AI; plus, a story from Data Center Dynamics on supply chain risks for data center construction firms, and why California’s grid has more problems to worry about than awarding 1.5% of utilities budget to LGBTQ companies. 

Check out Dimetrics, the AI industry’s Bloomberg terminal. Track financial metrics and news for AI stocks, GPU rental prices, state-by-state data center pushback, and more with the compute industry’s most powerful dashboard.

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Energy Investors Forum is coming to Dallas on July 23, bringing together executives, operators, fund managers and investors across AI infrastructure, energy markets, data centers and bitcoin mining.

If you follow the business of power, compute and digital infrastructure, EIF is built to help you understand where these markets are heading and who is shaping them.

BlockSpace listeners can get 30% off all tickets with code BSP30 at checkout.

Register here: https://www.energyinvestorsforum.com/

Use code: BSP30

Welcome back to The Blockspace Podcast! SpaceX (SPCX) just won’t stop. The stock is up 50% from its IPO price, and it also just acquired AI coding startup Cursor for $60 billion in an all-stock transaction. For other news, Nvidia just closed a $25 billion senior unsecured note sale, which it upsized from an original $20 billion after seeing $85 billion in demand, and Cipher Digital has hired former ERCOT director Bill Blevins as the hunt for available power capacity heats up.

Check out Dimetrics, the AI industry’s Bloomberg terminal. Track financial metrics and news for AI stocks, GPU rental prices, state-by-state data center pushback, and more with the compute industry’s most powerful dashboard.

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Energy Investors Forum is coming to Dallas on July 23, bringing together executives, operators, fund managers and investors across AI infrastructure, energy markets, data centers and bitcoin mining.

If you follow the business of power, compute and digital infrastructure, EIF is built to help you understand where these markets are heading and who is shaping them.

BlockSpace listeners can get 30% off all tickets with code BSP30 at checkout.

Register here: https://www.energyinvestorsforum.com/

Use code: BSP30

Welcome back to The Blockspace Podcast! Anthropic and Uncle Sam are trading blows again, with the frontier LLM company pulling its recently released Mythos / Fable 5 model after whistleblowers said the model’s guardrails were bypassed. Lygos Finance’s CEO Jay Patel joins us for his reaction to the news and the market rally with a reported, imminent peace deal coming for the Iran War this week. For other news, we cover IREN’s closing its acquisition of Nostrum, which will give it a 490 MW foothold in Spain for AI data center development, and the EPA’s stance that it won’t regulate AI data centers.

Check out Dimetrics, the AI industry’s Bloomberg terminal. Track financial metrics and news for AI stocks, GPU rental prices, state-by-state data center pushback, and more with the compute industry’s most powerful dashboard.

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Energy Investors Forum is coming to Dallas on July 23, bringing together executives, operators, fund managers and investors across AI infrastructure, energy markets, data centers and bitcoin mining.

If you follow the business of power, compute and digital infrastructure, EIF is built to help you understand where these markets are heading and who is shaping them.

BlockSpace listeners can get 30% off all tickets with code BSP30 at checkout.

Register here: https://www.energyinvestorsforum.com/

Use code: BSP30

Welcome back to The Blockspace Podcast! For today's bonus show, we have an interview with Rich Miller, the founder of Data Center Richness and a seasoned data center journalist with decades of experience under his belt. Miller shares his views on how much the data center industry has changed in the age of AI, and he also gives his takeaways from a recent tour of TeraWulf's Lake Mariner AI facility.

Check out DIMetrics: https://www.dimetrics.ai/thesis

Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. 

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Welcome back to The Blockspace Podcast! SpaceX’s historic IPO came and went today, marking a day of firsts that saw the company close the largest IPO ever at a $2 trillion valuation, making its founder Elon Musk the world’s first trillionaire. Nakamoto’s Brandon Bailey joins us to discuss the IPO and the current state of the AI stock market and bitcoin, plus his project Dimetrics, a Bloomberg-esque terminal for the data center space. In other big news, Anthropic has reportedly entered into 12 letters of intent to rent 1 GW+ of data center space for its first-ever self-owned GPU clusters. 

Check out DI Metrics: https://www.dimetrics.ai/thesis

Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. 

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Welcome back to The Blockspace Podcast! Retail investors alone have accounted for roughly $75 billion of SpaceX’s IPO round – an amount that SpaceX originally intended to raise before the round became 3x oversubscribed. Plus, for today’s interview, Rich Miller of Data Center Richness gives us an inside-look at the construction of TeraWulf’s AI data center. For other news, we cover CoreWeave’s proposed $3.5 billion senior unsecured note, OpenAI’s crackdown on a CCP anti-data center campaign, and why LLM token prices are dropping while usage surges.

Welcome back to The Blockspace Podcast! Reuters has reported that SpaceX’s IPO round could come in at $250 billion, a 3x oversubscription from the company’s planned $75 billion. Plus, Cormint CEO Jamie McAvity joins us to give an optimistic outlook on bitcoin mining with hashrate stagnant – even as hashprice flirts with all-time lows. For other news, we cover Keel’s $458 million convertible note; Hut 8’s $4.25 billion senior secured note for its Beacon Point data center, the second investment-grade bond for project-level financing for the burgeoning AI firm; Crusoe hitting pause on a proposed 10 GW data center in Wyoming; and OpenAI’s plans for its own 10 GW, $500 billion project in Ohio.

Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. 

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Welcome back to The Blockspace Podcast! Markets are bleeding, and AI/semiconductor stocks are taking the brunt of the bloodletting, so we open today’s show with a quick stock update from emerging AI factories like $HUT, $IREN, and $KEEL. Plus, we cover why if you’re thinking about SpaceX as a rocketship stock, you’re doing it wrong – the compute tells the real story. For news, we cover pricing for $CIFR’s $810M senior secure notes for its Stingray data center, which is set to host 70 MW of AI load for Amazon, and Applied Digital signing a 210 MW hyperscaler tenant, a deal that pushes its contracted AI revenue to $36 billion. And we end with news on China’s commitment to pour $295 billion into its AI sector over the next 5 years to close the gap with the US’s roaring AI sector.

Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. 

Subscribe to our newsletter to receive updates for all of our shows and content.

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Francis Corvinho of Lygos Finance and Kaan of Luxor join us to talk about the massive shift in Bitcoin mining economics, Michael Saylor's credit strategies, Zcash protocol bugs, and the Texas 4CP summer mining curtailments. We also break down the AI infrastructure boom, featuring Galaxy Digital's market surge and Elon Musk's multi-billion-dollar xAI compute leases with Google and Anthropic.

Subscribe to the newsletter! https://newsletter.blockspacemedia.com

Notes:

* Hash price hit a new all-time low.

* Galaxy Digital stock surged 22% in a morning.

* xAI generates $26 billion in annual revenue.

* Situational Awareness fund hits $20B AUM.

Timestamps:

00:00 Start

02:09 Hashrate forming a bottom?

05:13 KEEL

08:12 Galaxy

11:10 Cipher Digital (CIFR)

14:24 Francis

33:21 Kaan

50:21 Situational Awareness

53:30 Coremint

54:30 SpaceX

Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Download here: https://megawattreport.com/

Subscribe to our newsletter to receive updates for all of our shows and content: https://newsletter.blockspacemedia.com

👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success.

👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor!

👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.