The Mining Pod | Blockspace Media

Welcome back to The Bitcoin Stock Show! MARA just released its Q3 earnings, so for this week’s show, we livestreamed the earnings call and invited Pennyether on for a post-call debrief. You can find the full earnings call livestream on our YouTube and on the Blockspace Media website, but this pod only includes the after-call analysis. 

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts and guest on Twitter: @wsfoxley, @AsILayHodling, @penny_ether

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to The Mining Pod! Not so long ago, Bitcoin miners had difficulty accessing debt – they still do, but miner capital markets have improved significantly. Secure Digital Markets Co-founder and Direct of Sales and Trading Mostafa Al-Mashita joins us on this Mining Pod to explain how these markets have changed and what it will take for them to improve further. He also gives his take on what a second Trump presidency means for Bitcoin and the market more broadly. 

Timestamps:

00:00 Start

02:17 Secured Digital Markets

03:20 Financial products for miners

07:11 Miner auto-liquidating

11:10 Miners using derivatives

14:04 Miner OTC desks?

17:30 Lending

20:45 Will ASIC backed loans come back?

23:46 Seizing ASICs to pay back debt

25:49 Fed funds rate changes

28:52 Has the ETF changed miner capital markets?

32:09 ETF effects

34:07 Public vs private capital access

38:36 Is capital access for private miners getting easier?

43:34 US presidential election

44:35 Chokepoint 2.0

49:03 Any personal effects of Chokepoint 2.0

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to the Bitcoin Stock Show!

For today's show, we're joined by Hive Digital Co-Founder and Executive Chairman Frank Holmes. We recorded this on the day after the 2024 US elections, and since the Republican party swept the Presidency, Senate, and (probably) the House, we had to get Frank's take on what the Red Wave means for Bitcoin and its mining industry -- and whether or not this election marks a sea change in Washington's attitude toward Bitcoin. Turning the focus to Hive, we also touch on the company's HPC plans and its 100 MW expansion into Paraguay.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code NAKAMOTO to get 50% off at check out!

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to The Mining Pod! Today we are joined by Chris Bendiksen of Coinshares to discuss investing in Bitcoin mining! What’s the value prop of miners? How should we think about their go-to-market strategy? What about the huge ASIC orders that get zeroed out so quickly overtime? For retail investors, Chris thinks its not a great purchase and certainly not when compared to Bitcoin. Check out the show for more thoughts!

Link to the article: https://blog.coinshares.com/no-end-in-sight-for-the-asic-arms-race-4ede8e346cbf

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:29 Story reading

09:16 Story origins

11:04 Can miners get more efficient?

16:31 New efficiency methods

20:53 Access to new ASIC models as strategy

23:39 ATMs & PubCo balance sheets

29:09 New financing models

34:55 Bitcoin treasury

36:47 Wrap up

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to The Mining Pod! Bitcoin’s hashrate is ripping, so Will and Colin sit down to discuss where all the new hashrate is coming from. They also touch on updates for Greenidge’s long-standing lawsuit against the State of New York and why the scuttlebutt that Bitmain might come under the scope of US sanctions is unfounded for now. Finally, in this week’s cry corner, why you shouldn’t spend £500 to hear yet another bloviating imposter claim that he’s Satoshi. 

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

02:41 Difficulty update

11:13 US, Russia, China drive bitcoin hashrate all-time high

16:47 Greenidge lawsuit with the State of New York

21:17 Rumors catch Bitmain in the crossfire of Sophgo investigation

27:37 Cry corner: Satoshi reveals himself (lol jk)

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to the Bitcoin Stock Show!

Yesterday, we livestreamed Riot's Q3 earnings call, so for today's show, we unpack the earnings call with a special guest, PennyEther! PennyEther is a bitcoin mining stock analyst who shares his research and insights on X. This podcast is a truncated version of the livestream, where we cut the earnings call bit and dive straight into our post-call analysis. If you'd like to listen to the full episode with the earnings call, hop on over to The Mining Pod YouTube channel!

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @bc1matt

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to The Mining Pod! Today we are joined by Kyle Schneps, VP of Public Policy at Bitcoin mining pool Foundry, joins us to discuss…well the election! Why did Bitcoin miners go so hard for Trump and will there be repercussions? Why did Foundry sit in between and not endorse either candidate? And what actually matters more in 2024, States or the Federal level?

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

01:05 Foundry & political lobbying

04:09 New York state politics

11:10 Trump, AI & energy policy

17:33 Harris statement on crypto

22:54 Miners love Trump?

27:16 What happens if Harris loses?

30:47 US Bitcoin industry

32:24 Key election issues for Bitcoin

37:12 Miners working with energy companies

39:29 Get involved

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to the Mining Pod! Will, Colin, and Matt are back with another news roundup. It’s election season, so naturally, headlines about Russia have weaseled their way into the news cycle – only this time, the news is about how Russia allegedly wants to encourage trade in bitcoin to bypass sanctions. The gang also talks about Coinmint’s partnership with NYDIG to expand its Massena, NY facility, and our friends at Compass give us an update on the bitcoin mining hosting market. The show wraps up with the latest on Core Scientific’s $8.7 billion deal with Core Weave, and in this week’s cry corner, the fellas are perplexed at why Dennis Porter, founder of Satoshi Action Fund, is getting so much heat for Pennsylvania’s new bitcoin rights bill.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Start

00:53 Difficulty update

04:00 Russia using bitcoin for international trade?

15:26 Massena & the Alcoa East plant

18:36 Hosting update w/ Karoon from Compass

32:46 Core Scientific Final Contract Option by CoreWeave

37:49 Cry corner: why so butthurt about Dennis Porter?

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to the Mining Pod! For this week’s stock show, Colin interviews Bitfarms CEO Ben Gagnon and Senior Vice President of Global Mining Operations Alex Brammer. Bitfarms made a name for itself as one of the first publicly traded bitcoin miners to expand into South America, first with its operations in Argentina and then in Paraguay. Now, Bitfarms is planning to house 50% of its future hashrate in Pennsylvania with its acquisition of Stronghold Digital. They discuss how their new portfolio in Pennsylvania gives Bitfarms the option to enter the energy trading business, and Bitfarms’s strategy for potentially breaking into the AI/HPC business by 2026.

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

Timestamps:

00:00 Intro

02:20 Why Bitfarms entered into the South American market

07:10 Experience with regulation and approval process in Paraguay

10:00 Difficulties with expanding in Quebec

13:50 Why Bitfarms likes the PJM power region

18:00 Stronghold acquisition: power market play, expansion play, or both?

23:40 Bitfarms HPC aspirations

31:15 Will bitcoin miners need to pivot to AI/HPC to remain relevant? 

34:40 How mining can fill in demand gaps for AI/HPC

43:20 How Bitfarms plans to fund mining expansion and potential AI/HPC operations

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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

Welcome back to the Mining Pod! We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of Africa, particularly with well connected Chinese Bitcoin miners sourcing hydro-powered contracts. Ethan recently visited so we brought him on with Kal to discuss what’s actually happening, the costs versus North American mining and how to invest in the area (if you’re willing to take the risk!)

👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!

CHAPTERS

00:00 Start

01:55 Kal's bio

02:45 Ethan's bio

03:58 Ethiopia mining scene

06:16 Ethan on Ethiopia

08:45 Stat of Ethiopia's grid

13:47 Political risks

19:23 China in Ethiopia

24:55 US to Ethiopia challenges

30:58 Mining in other parts of Africa

34:11 African miners moving to Ethiopia?

37:35 Bitcoin jobs in Africa

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! 

👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!

👉 Check out Bitcoin Season 2 and The Gwart Show!

Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.

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