The Mining Pod | Blockspace Media

The Mining Pod | Blockspace Media

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The Mining Pod | Blockspace Media episodes

  • Unpacking MARA's AI Plans w/ CEO Fred Thiel

    Subscribe to the Blockspace newsletter for market-making news as it hits the wire!


    Welcome back to The Mining Pod! Today, Fred Thiel, CEO and Chairman of MARA (formerly Marathon Digital Holdings), joins us to talk about MARA's strategic pivot toward AI and HPC infrastructure, the critical importance of energy ownership over PPAs, inference at the edge computing, MARA's partnerships with MPL and Exaion in Europe, and why Bitcoin's path to $1M will be harder than most think as the asset matures and institutionalizes.


    Notes: 

    • $1.4T AI spending planned over next 5 years

    • MARA owns energy vs paying PPAs for electrons

    • Many HPC contracts have strict delivery outs

    • Bitcoin no longer follows 4-year cycle pattern

    • 10% Bitcoin price change = $200B market move

    • MARA has ~250 employees currently


    Timestamps:

    00:00 Start

    04:05 Q3 look back

    13:13 Inference at the edge

    20:22 Sovereign cloud

    27:13 MARA: hash cost vs hash price

    29:33 Valuations not reflecting risk

    33:22 MARA: value accretion

    34:39 Operational deployment

    37:07 Asset light vs hosting

    41:47 Exaion deal

    46:15 MPLX deal (natural gas )

    50:22 CapEx costs

    50:53 MPLX deal structure

    56:23 CTO & 2PIC

    1:01:28 Share dilution

    1:12:31 What are you reading?


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    1 hr 15 min
  • Cipher’s Amazon Deal, IREN’s Microsoft Deal, Q3 Earnings Recap, and is China Winning the AI Race?

    Subscribe to the Blockspace newsletter for market-making news as it hits the wire!

    Welcome back to The Mining Pod! Today, Colin and Matt talk about two massive hyperscaler deals that have upped the expectations for AI-pivots. Cipher Mining just secured a $5.5B, 15-year lease with Amazon Web Services for 300MW at their Bear Lake facility, while IREN signed a $9.7B, 5-year deal with Microsoft for 200MW in Texas. We also cover highlights from public miner Q3 earnings that have trickled through so far, a bitcoin miner lawsuit that involves OpenAI, and why Warren Buffett's Pacific Power’s loss with Amazon is a win for bitcoin miners. Plus: Will China win the AI race? Nvidia’s CEO thinks yes.


    Notes: 

    • AI runway better than mining for miners

    • IREN Microsoft deal is a win for powershell model thesis

    • AI business lines give miners better access to capital

    • Miners with exposure but no deals on the table could offer interesting opportunities

    • Mining in the U.S. not done yet


    • Cipher signs $5.5B AWS deal for 300MW facility

    • IREN inks $9.7B Microsoft cloud compute agreement

    • Hash price crashes to $40 per petahash per day

    • Bitcoin retraced from $126K to $101K support

    • Cipher announces 1GW data center JV project

    • Pacific Power fails to deliver Amazon capacity


    Timestamps:

    00:00 Start

    02:00 Difficulty Report by Luxor

    05:05 Cipher Amazon deal

    08:02 IREN Microsoft deal

    13:56 Cleanspark Ad

    14:25 Q3 earnings update

    14:38 RIOT

    14:54 MARA

    15:34 HUT 8

    16:08 CIPHER

    18:23 CORZ workers comp lawsuit

    21:08 China winning AI race?
    26:31 Cry Corner: Buffett can’t MW


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    33 min
  • Picking Winners in the Bitcoin Miner AI Race w/ Kevin Dede

    Subscribe to the Blockspace newsletter for market-making news as it hits the wire!


    Welcome back to The Mining Pod! Today, Kevin Dede, Managing Director at H.C. Wainwright, joins us to give a pulse check on the bitcoin miners pivoting to AI. We cover the latest deals from IREN, Cipher, Terawulf, and others, and pick apart whether the neocloud or powershell business model is the best fit for bitcoin miners. Plus, what the CoreWeave-Core Scientific deal’s failure means for the AI-miner market as a whole, why bitcoin mining won’t die easily in the U.S., and why Dede thinks the AI-miners are just getting geared up.


    Notes: 

    • AI runway better than mining for miners

    • IREN Microsoft deal is a win for powershell model thesis

    • AI business lines give miners better access to capital

    • Miners with exposure but no deals on the table could offer interesting opportunities

    • Mining in the U.S. not done yet


    Timestamps:

    00:00 Start

    02:34 Intro

    03:33 Mining stock overview

    04:13 AI

    06:03 HPC

    08:52 IREN

    13:05 Infrastructure & Neo-Cloud

    19:18 Miners w/ AI are ripping

    20:16 Financing options

    22:25 CORZ & Core Scientific

    29:02 How many winners can there be?

    31:18 JV deals

    33:38 Bullish or bearish majors


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    37 min
  • Core Scientific-CoreWeave Deal Fails, CleanSpark Eyes 285 MW AI Site, TeraWulf’s $9.5B Fluidstack Deal

    Subscribe to the Blockspace newsletter for market-making news as it hits the wire!

    Welcome back to The Mining Pod! For this week’s roundup, we break down Core Scientific shareholders voting NO on the $9B CoreWeave acquisition, CleanSpark's plans for a new 285 megawatt Texas site for AI workloads, and TeraWulf's record 25-year contract with FluidStack. Plus, Ethan Vera from Luxor joins to analyze the ASIC market and where hash rate growth is really coming from. And for this week’s cry corner, why the filter soft fork is doomed to fail.


    Notes: 

    • Core Scientific shareholders rejected CoreWeave deal

    • Hashprice dropped to $43.73 per petahash daily

    • Difficulty adjusted upward 6.3%

    • Hashrate reached 1.1 zettahash on 7-day average

    • CleanSpark acquired Texas site with 300 MW pipeline

    • TeraWulf signed 25-year deal with FluidStack


    Timestamps:

    00:00 Start

    02:09 Difficulty Report by Luxor

    07:47 ASIC market update

    12:01 CORZ deal fails

    22:14 CleanSpark data center acquisition

    27:51 WULF $9.5B FS extension

    33:36 Cry Corner: Fork time?


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    44 min
  • Has the Market Left MARA Behind?

    Welcome back to The Mining Pod! Today, we dive deep into MARA, the largest public Bitcoin miner by hash rate at 60.4 EH/s. Despite leading in hashrate, MARA has lagged behind peers like Riot and CleanSpark with just a 5.4% YoY return versus competitors seeing double or triple digit gains. We break down the ownership structure of MARA’s current bitcoin mining operations, the company’s 96% US concentration versus 50/50 US/international goals, vertical integration moves, and why the market values AI/HPC megawatts over Bitcoin mining capacity right now.


    Notes: 

    • MARA operates 60.4 EH/s across 18 sites

    • Only 5.4% YTD return vs peers at 62%+ gains

    • 96% US footprint, targeting 50/50 international split

    • ~50/50 split between owned and hosted capacity

    • 1.174GW total operational capacity

    • Q2 SG&A costs: $92-93 million


    Timestamps:

    00:00 Start

    02:56 MARA snapshot

    07:20 Sovereign systems

    15:32 Financials

    18:20 IREN, RIOT flip MARA

    19:50 CTO let go

    22:48 MARA in a crab market

    23:16 Exaion France Power Authority

    26:30 Share dilution

    30:03 Auradine rigs


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    36 min
  • TeraWulf’s Record $3.2B Note, Miner Debt Tops $20B, and Why AI Firms Are Buying Jet Engines

    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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    28 min
  • NABs Takeaways: What Ppl Miss About the BTC ETF, Alberta Is Just Getting Started With BTC


    Click Here To Join the BitAxe Giveaway!

    Welcome back to The Mining Pod! Today, we have a two-for-one show with two interviews we recorded at the North American Blockchain Summit. To start, Colin interviews Blue Macellari (Head of Digital Assets at T. Rowe Price) on how institutional adoption is fundamentally changing Bitcoin's market structure, the debasement trade narrative going mainstream, and why fast money hasn't arrived yet this cycle. Then, Will hops on the horn with  Dale Nally (Minister of Red Tape Reduction in Alberta) to discuss Alberta's competitive advantages for Bitcoin mining and a concierge program for large miners.


    **Notes:**

    • BlackRock's IBIT reached $70B+ AUM, top 20 ETF

    • ETF holders parking Bitcoin for decades

    • Basis trade tied to futures market growth

    • T. Rowe Price sees institutions changing cycles

    • Alberta cut 35% of red tape, saved $3B

    • Alberta has 200-year natural gas supply


    Timestamps:

    00:00 Start

    04:34 Bitcoin ETFs & 4yr cycle

    06:08 Institutional demand & cycle changes

    08:18 Retail behavior

    10:38 ETH treasury companies

    14:04 Debasement trade

    16:01 Fed rate cuts

    19:51 BTC is risk on or off?

    24:41 Cleanspark Ad

    25:10 Canada's energy sector

    25:46 Who is Dale Nally?

    27:09 NatGas generators for AI

    29:09 LNG exports

    31:33 Exports to the US?

    35:14 How is the Alberta energy system unique?

    37:41 Capital formation

    39:46 Canadian Federal Bitcoin Reserve?


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    43 min
  • MARA’s CTO Shakeup, BlackRock’s $40B AI Deal, Bitdeer’s $2B AI Plans, Ionic Digital’s Microsoft Deal

    Click Here To Join the BitAxe Giveaway!

    Welcome back to The Mining Pod! This week, Luxor CEO Nick Hansen joins us to talk multi-month hashprice lows (how low do we go?), MARA firing its CTO, Ionic Digital’s Microsoft-linked AI deal, Bitdeer’s gangbusters September and $2B AI plans, and BlackRock taking the lead on a $40B data center company acquisition. Plus, the US government seizes $14.1B (potentially $16.5B total) in bitcoin from an international scam operation.


    **Notes:**

    • Hash price dropped below $50/PH/day at $47

    • Difficulty adjustment down 2.5% after months of increases

    • Bitcoin price fell from $125K to $108K post-tariff news

    • Marathon quietly cans CTO 

    • Bitdeer mined 452 BTC in Sept, up 20.5% month-over-month

    • Bitdeer projects $2B annual revenue from AI starting in 2026

    • BlackRock leads $40B Aligned Data Centers acquisition

    • US seized $14.1B+ Bitcoin from crime syndicate

    • PJM needs 43GW battery storage by 2045

    • Ionic Digital secured 240MW Microsoft lease, expandable to 1.2GW


    Timestamps:

    00:00:00:00 Start

    00:01:51:00 Difficulty Report by Luxor

    00:11:28:10 MARA CTO fired

    00:15:40:17 Ionic Digital gets into the AI action

    00:18:16:13 PJM needs 43 GW of battery by 2045

    00:23:22:16 Bitdeer’s big September

    00:27:56:23 BlackRock & Nvidia deal

    00:35:03:28 Cry Corner: Uncle Sam gets that bag


    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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


    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!

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

    40 min
  • Bitcoin’s 4 Year Cycles Are Over w/ Rory Murray

    Click Here To Join the BitAxe Giveaway!

    Welcome back to The Mining Pod! Today, Rory Murray, VP of digital asset management at CleanSpark, joins us to talk about the explosive markets we're seeing in late 2024, why he believes Bitcoin's four-year cycle is dead, and the secular trends that will define the next chapter of crypto. We dive deep into the debasement trade, record bitcoin ETF inflows, the intersection of macro and Bitcoin mining stocks, and what keeps a veteran trader up at night. Also, Rory shares his framework for navigating animal spirits and how they relate to Bitcoin's long-term trajectory.


    **Notes:**

    - SPX up 30 basis points daily since April

    - Largest ever crypto ETF inflow week

    - Q3 earnings 3x higher than analyst forecasts

    - Four-year Bitcoin cycle thesis challenged

    - Record institutional Bitcoin adoption

    - CleanSpark operates across 4+ US states


    Timestamps:

    00:00 Start

    02:24 Rory title upgrade

    04:48 Traders

    06:02 Good trading desks?

    08:00 Where's the alpha?

    13:01 Mining stock data sources

    14:00 Stock & BTC ripping higher?

    24:53 Debasement trade

    28:09 Gold is back baby!

    28:48 Monetary flows

    31:55 Worries


    👉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.



    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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

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

    35 min
  • IREN $875M Note, Luxor Energy, Record BTC ETF Flows

    IREN continues its hot streak with a big raise, and crypto ETFs saw a record week last week.


    Click Here To Join the BitAxe Giveaway!

    Welcome back to The Mining Pod! Today, Ethan Vera from Luxor joins us live from NABs in Dallas to talk about IREN's $875 million convertible note following their AI cloud deal announcement, Luxor's launch of an ERCOT-certified retail electric provider enabling Bitcoin-native power payments, last week's record-breaking $5.95 billion in crypto ETF inflows, and a word on Bitcoin mining in China.


    Notes:


    • Hash rate exceeds 1000 exahashes per second

    • Hash price at $50.81 per petahash per day

    • IREN raised $875M via 0% convertible note

    • $5.95 billion in crypto inflows last week

    • China represents estimated 14.05% of Bitcoin hash rate

    • Iron secured $225M revenue over two years


    Timestamps:


    00:00 Start

    02:13 Difficulty Report by Luxor

    04:23 IREN

    09:43 Cleanspark Ad

    10:12 Luxor Energy announcement

    16:40 Bull market doing it's thing

    20:22 China hashrate research

    👉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.


    👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

    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!

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

    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!

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

    26 min

About The Mining Pod | Blockspace Media

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