Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to Blockspace! Today, Alex B, Ecosystem Lead at Ark Labs joins us to talk about their massive $5.2M raise led by Tether and the push for programmable finance on Bitcoin. We also sit down with Rory Murray of CleanSpark and Alex Bloom of Two Prime to discuss the "beach ball" state of the market and how institutional lenders are navigating high volatility. Finally, we expose the IRS’s new 1099-DA form "perjury trap" and settle the debate on when the 20 millionth Bitcoin was actually mined.

Timestamps:

00:00 Start

01:55 Bitcoin price action

04:29 Hashrate Index update by Luxor

08:58 Ark Labs seed round

30:43 CLSK & Two Prime

46:50 Luxor & ASIC prices

1:00:33 IRS trap

1:07:45 Binance & CZ

1:19:39 Cry Corner: 20M BTC Mined

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool

Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

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Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to The Blockspace Podcast! Today, Nazar Khan, CTO of TeraWulf, joins us to talk about the company's expansion into AI and HPC. We dive deep into their new sites in Kentucky and Maryland, the strategy behind repurposing brownfield industrial infrastructure, and why battery storage is the key to grid reliability. Nazar explains the transition from bitcoin mining to AI loads and how TeraWulf plans for its bitcoin mining fleet amid the AI expansion.

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

Notes:

* Targeting 480MW capacity in Kentucky by H2 2027.

* Maryland site to feature 1GW load and generation.

* 500MW battery storage planned for Maryland campus.

* Targeting energy availability in MD by 2028-2029.

Timestamps:

00:00 Start

04:07 Kentucky site

06:33 Maryland site

08:25 Redundant power

10:13 Battery storage

13:40 New generation

14:49 Tenants for sites

17:08 Brownfield sites

19:28 Lake Mariner & Abernathy sites

24:28 Geopolitical concerns

27:49 Managing a power plant

33:55 168 megawatts

40:55 Local pushback on new data centers

48:21 Bitcoin mining future

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool

Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to The Blockspace Podcast! Today, Liang Wang, VP of Canaan, joins us to talk about how Canaan is approaching the changing tides in bitcoin mining as peers pivot to AI. We dive into their recent acquisition of Texas mining sites from Cipher Mining, their 60.9% year-over-year sales growth for their Avalon ASIC miner series, and the economics of mining in the current market. Liang also shares insights into China's regulatory landscape, the potential of stranded energy in North America, and how AI is impacting ASIC miner market dynamics.

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

Notes:

* 60.9% YoY growth in ASIC equipment sales.

* Sold 14.6 EH/s of new equipment in Q4.

* Acquired 49% equity in three Texas sites.

* Texas power rates below $0.03 per kWh.

* Zero self-mining exposure in China.

* Bitcoin price at $65,000–$70,000 range.

Timestamps:

00:00 Start

04:23 Cipher acquisition

08:57 Behind the meter & asset heavy

13:08 Stranded energy & hashrate growth

16:16 ASIC sales are up?

22:46 China update

28:09 New markets by country

33:10 2 nanometer chips?

38:58 Chip making demand for AI & others

46:58 The "AI pivot" impact?

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool
Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Chris Johhansen of Ion Stream and Kaan Farahani of Luxor join us to talk about the insane arrest of John DeGuida for allegedly stealing $46 million from the US Marshals Service. We break down Kraken Financial’s historic Fed Master Account and what a "skinny" seat at the table means for the industry. Plus, we analyze the massive pivot from ASICs to GPUs and review the tumultuous Bitcoin hash rate data from February.

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

Notes:

* Zoomer stole $46M from US Marshals Service (his dad!)

* Kraken gets first Fed Master Account.

* Iren expanding GPU fleet to 150,000.

* Difficulty adjustment targeting 7.5% up.

Timestamps:

00:00 Start

04:53 Difficulty Report by Hashrate Index

07:49 $46M Stolen from US Marshals Service

15:35 Kraken Financial Granted Federal Reserve Master Account

21:48 AI Compute & Neocloud Dynamics

24:11 AI boom vs crypto boom

27:39 AI inference vs training

30:44 Scoping AI deals

32:41 H100 are still viable?

36:35 Hashrate

37:46 February suprises

44:40 What ASICs are profitable?

45:36 More hashrate declines?

47:36 5 cents per KWH

49:29 Hashrate prediction

52:51 IREN Expands GPU Fleet

1:01:44 Cry Corner: Miners Are Dumping BTC?

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool

Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Chris Seedor of Seedor & Bitsurance joins us to talk about the rising threat of physical "wrench attacks" and advanced Bitcoin self-custody. We discuss the 70% spike in violence against BTC owners, using Miniscript for time-locked security, and how AI-driven phishing is bypassing video IDs. Chris explains why simple seed phrases are high-risk and how protocol changes like covenants could revolutionize reactive security for all holders.

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

Notes:

* Physical attacks up 70% since 2024 

* 74 documented Bitcoin physical attacks 

* 1 in 10 kidnappings resulted in death 

* Successful attacks occur 66% of the time 

* $1.5B Ethereum stolen in Bybit hack 

Timstamps

00:00 Start

03:26 Chris has a real job?

05:40 Hardware wallet vs steel backup?

08:12 Understanding your risk surface area

11:17 Attacker landscape

15:50 Shift in mindset

17:10 Even smart people get scammed

18:38 AI supercharging scams

20:50 New ways of securing your BTC

23:48 What's happening technically

25:58 Security on other chains

28:42 Softforks

31:53 Tools for the baddies (ordinals / runes)

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool
Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to The Blockspace Podcast! Today, Dr. Hashem Hashemian, President of the American Nuclear Society and CEO of AMS, joins us to talk about the massive resurgence of nuclear energy in the United States. We dive into the shift from decommissioning plants to life-extensions of up to 100 years, the economic impact of AI and data centers on power demand, and the $12 billion investment flowing into Tennessee's nuclear hub. Dr. Hashemian explains why nuclear fell out of favor and the challenges the industry faces as it gets back on its feet.

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

Notes:

* 94 nuclear plants produce 20% of US power.

* License extensions aim for 100-year lifespans.

* $12B committed for nuclear fuel refining in Oak Ridge.

* $100M Tennessee state funding for nuclear dev.

* Global nuclear must triple for climate goals.

* $1.7B Oklo recycling plant coming to Tennessee.

Timestamps:

00:00 Start

05:51 Tennessee represent

07:56 State of the nuclear industry

10:42 Nuclear faded in USA

17:19 Barriers to Nuclear development

20:12 Reforming the Nuclear Regulatory Commission

27:01 Red tape

29:47 What other policies would be good?

32:41 China copying

34:17 Remaining chokepoints

38:05 States leading the charge

40:46 Are SMRs really a thing?

44:18 Why are SMRs taking so long?

46:21 Fusion? Are we still talking about this?

48:56 Recycling fuel

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool
Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to The Blockspace Podcast! Today, Charlie and Colin cover the Block’s 40% workforce reduction and why the stock ripped 20% on the news. We also dive into the bitcoin mining conditions that are driving hashprice to all-time lows, Blockspace’s scoop that Magic Eden is sunsetting its Bitcoin Ordinals marketplace, MARA’s latest AI partnership, and the Terra/Luna lawsuit against Jane Street. Plus, Luxor’s Michael San Miguel joins the show to discuss the ins and outs of the GPU market. 

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

Notes:

* Block laid off 40% of its 10,000 employees.

* Block stock surged 20% after the layoff news.

* Bitcoin hash price hit an all-time low of $28.

* Bitcoin difficulty adjusted upward by 14.73%.

* Magic Eden is shutting down BTC and ETH marketplaces, multi-chain wallet

* Bitdeer sold all its bitcoin; Cipher plans to sell its bitcoin in 2026

* MARA forms partnership with data center developer Starwood

Timestamps:

00:00 Start

03:33 Hashrate update via Luxor’s Hashrate Index

09:29 Block lays off 40% of staff

16:37 Magic Eden shutting down

25:54 GPUs & compute

28:03 GPU vs ASIC complexity

29:04 Upgrading hardware

32:16 Finding a compute buyer

34:00 Powershell vs Neocloud

37:12 Compute still in price discovery mode

42:05 MARA earnings

45:20 CIPHER dumping bags

48:44 Jane Street is the new boogyman

59:34 Everyone's short MSTR

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool
Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Get your tickets to OPNEXT 2026 before prices increase! Join us on April 16 in NYC for technical discussions, investor talks, and intimate conversation with the brightest minds in Bitcoin.

Welcome back to The Blockspace Podcast! Today, Rapha Zagury, CEO of Elektron, joins us to talk about the company’s management of Tether's massive 50 EH/s bitcoin mining portfolio. Rapha breaks down Elektron and Tether’s partnership, the incipient market bifurcation between AI/HPC and Bitcoin mining, and why he believes progress is directly correlated with energy use. We dive into the legal origins of Elektron, the company’s global footprint across 32 sites, and the future of mining as Tether and Elektron double down on hashrate while the rest of the industry eyes AI.

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

Notes:

* Tether runs 50 EH/s with Elektron

* Greenfield sites trading at $1/MW amid AI boom

* Elektron manages ~200,000 ASICs globally

* Operations span 32 sites across 5 countries

* AI and BTC Mining bifurcation expected in 6 to 12 months

Timestamps:

00:00 Start

05:31 BTC market crash

07:59 Who is Rapha?

11:16 What is Elektron?

14:46 Swan & Tether legal struggle

18:00 Asset light build out plan

23:20 Business setup

25:05 Why mine?

33:18 Hashrate geographic distribution

38:54 Bad places to mine BTC?

40:50 AI & HPC

48:56 3.8% staff costs

52:11 Hashrate growth

57:28 There's ALWAYS stranded energy

59:44 Elektron IPO?

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

👉Luxor, Blockspace's preferred mining pool

Bitcoin mining revenue changes every day. Difficulty adjusts. Fees move. Prices shift. And that makes it hard to plan. Luxor Pool’s Fixed Payouts let miners lock in revenue at a guaranteed daily rate for up to 18 months. According to Hashrate Index, miners who used rolling fixed payout strategies since the last halving have outperformed FPPS mining by up to 15 percent. Fixed Payouts give you predictable daily revenue, so you can plan, budget, and grow with confidence. With Luxor, uncertainty is optional. Learn more at luxor.tech/mining

Learn more about your ad choices. Visit megaphone.fm/adchoices

Join hosts Charlie Spears and Colin Harper for weekly insights, stories, and interviews in Bitcoin, AI/HPC and more.

With 3 shows per week, we'll fill you up on what's actually happening in the world of emerging tech assets. If you're an investor in public data centers, mining companies, or bitcoin, this is the show for you.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Amanda Fabiano, former Head of Mining at Galaxy and now with Nakamoto, joins us to talk about the shift from Bitcoin mining to building diversified Bitcoin operating businesses. Why the "HODL-only" strategy is evolving for Nasdaq-listed companies, the importance of recurring revenue, and how NAKA is positioning itself as a leader in the next phase of the Bitcoin financial infrastructure.

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

Notes:

• Strategy focused on recurring revenue models.

• Transition from mining to operating businesses.

• Shift toward diversified crypto business models.

• Market adjustment for Bitcoin specific firms.

Timestamps:

00:00 Start

05:26 Amanda joins NAKA

07:18 BTC Inc brands

12:06 Valuing companies

16:45 Kindly MD deal

20:18 Next steps & business lines

21:53 Raising debt

28:49 Senior debt obligation

32:54 Preferred equity

34:17 Dividends?

34:58 David Bailey on both sides of the books

40:31 Using proceeds to buy BTC not debt

44:21 NASDAQ delisting notice

49:34 Wrap up

👉CleanSpark

CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us to prosper in an ever-changing world.

Learn more about your ad choices. Visit megaphone.fm/adchoices