American Bitcoin may purchase $320 million of Antminers to expand its fleet, and hedge funds are dumping bitcoin ETFs.

FILL OUT THE MINING POD SURVEY BY CLICKING HERE

Welcome back to The Mining Pod! Today, Will, Colin, Matt, and Nick discuss Bitcoin mining's summer slowdown, American Bitcoin's massive 25 EH/s anticipated ramp up, a big week for public miner fundraising, Amazon's $20B Pennsylvania data center investment, institutional ETF flows showing hedge fund exits, and the controversial filter wars dividing Bitcoin's community.

Subscribe to our newsletter! 

**Notes:**

• Hash rate trading 820-930 EH range lately

• American Bitcoin raising for $320M U3S21EXPH buy

• IREN upsizes convertible note to $500M 

• Amazon investing $20B in Pennsylvania

• Hedge fund ETT holdings dropped from 122K to 83K BTC in Q1

00:00 Start

01:12 Difficulty Report by Luxor

06:37 American Bitcoin $320M U3S21 Cost

13:40 Fundraising season

23:07 Hedge funds ditched BTC ETFs in Q1

32:08 Amazon going balls deep in PA

37:41 Cry Corner - The Filter Boys Mount UP!

👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy.

And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today!

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Colorado Air Filter, Leaders In Mining HVAC Solutions!

Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact [email protected]

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.