Welcome back to The Mining Pod! This week, we dive into TeraWulf’s $3.2B secured note for AI infrastructure—the largest ever for a public miner – and Bitfarms’ $588M convertible note at a time when total industry debt crosses $20B.Plus, why data center companies are salvaging jet turbines to power data centers, CleanSpark’s SVP of AI Data Centers hire, and for this week’s cry corner, pour one out for the Kadena blockchain…

Notes: 

• TeraWulf raised $3.2B secured note at 7.75%

• Bitfarms raised $588M convertible note

• Total Bitcoin miner debt exceeds $20 billion

• Hash price currently at $47/PH/day

• Next difficulty adjustment projected +4.7%

Timestamps:

00:00 Start

02:01 Difficulty Report by Luxor

05:00 Terawulf debt

08:40 Bitfarms raises $588M

10:55 Jet engine generators?

15:55 Cleanspark hiring

18:50 Miner debt record

👉CleanSpark, America's Bitcoin Miner!

CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world.

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FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute.

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

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