Miners are feeling the burn only a few months after the halving…have we officially bottomed?

Welcome back to The Mining Pod! This week we’re in studio talking about Bitcoin and Bitcoin mining news! Colin Harper, our new Editor-in-Chief, walks us through important updates including mining revenue bottoming to historic lows, Iris Energy (IRENE) struggling after a failed hedging strategy this summer in Texas, a flopped narrative violation on China banning (or not banning, depending on the quality of your research) Bitcoin mining and Paraguay trying to bring more Bitcoin mining down south!

Timestamps:

00:00 Start

02:44 Difficulty report

06:13 Miner Mag: $150M into new ASIC design

09:43 Core Scientific Signs AI Contract

20:49 Iris Energy Power Usage Spike

24:43 Miners Holding BTC

30:27 Paraguay Mining

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! 

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset. Distributed by CoinDesk.

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