THE MINING POD: US Miners Grow Market Share, MARA’s $200m BTC Loan, and Cipher’s 1.5 GW Buy

In the news this week, a couple of $200 million headlines, 1.5 GWs of acquisition aspiration, and public US miners grow their hashrate share.

Welcome back to the Mining Pod! For this week’s news roundup, Colin and Matt discuss how US public bitcoin miners are growing their share of Bitcoin's hashrate. Plus, Marathon is leveraging its trove of 26,000+ BTC and Cipher is going bigly with three pending mining site acquisitions for a total of 1.5 GW of capacity, some of which the miner may allocate toward AI/HPC compute. They also touch on some AI updates from Crusoe and Bit Digital, and in this week’s cry corner, why grown men are getting big mad about arbitrary data on  everyone’s favorite block explorer. 

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Timestamps:

00:00 Start

01:42 Difficulty update

04:19 29% PubCo Hashrate report JPMorgan

10:50 MARA Unlocks $200M BTC-Backed Credit Line

18:06 Cipher Mining Acquires 1.5 GW in Texas

24:37 Blue Owl Backs Crusoe in AI Move

29:35 Bit Digital Acquires HPC Data Center

32:38 Cry corner: "Runes, ordinals, etc don’t exist"

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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