The Mining Pod | Blockspace Media

Welcome back to The Mining Pod! On today’s show we’re joined by Lod’s CEO Medi Naseri to discuss monetizing energy sources using software! While yes most people aren't thinking about energy past flipping on their laptops or charging their smart phones, energy systems are frankly pretty complex and deserve a little more love. That’s why we brought on one of the more interesting startups in the space, Lod, to discuss their business model, who they help and why energy hungry miners and AI compute should think about using a system like Lod!Timestamps:00:00 Start03:27 Business model evolution07:11 Platform07:51 Energy strategy revenue13:44 Miner focused software features14:56 Energy vs TH UI conversions17:34 Other customers19:11 Managing curtailment at the workload layer22:50 SAAS profit margins27:09 Energy vs UI innovation32:10 Battery revenue 80% drop32:43 Why doesn't load adjustment software already 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! 👉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, @MatthewKimmellThank 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 jump into Foundry's 27% workforce reduction, Marathon's wind farm acquisition, and Mawson's bankruptcy troubles. Plus, analysis of mining industry financing trends and a humorous take on illegal university mining operations in Poland. Also, happy $100,000 Bitcoin!Timestamps:00:00 Start02:08 Difficulty update08:19 Foundry layoffs20:05 MARA acquires wind farm26:11 Mawson bankruptcy29:04 Miner be building36:20 Cry Corner: Stealing PowerPublished 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, @MatthewKimmellThank 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! On today’s show, we have an exclusive with Proto and Core Scientific, who recently announced a collaboration on a new ASIC chip design. Core Scientific–one of the largest Bitcoin miners in the world–will be buying 15 EH/s of chips to make custom units. Meanwhile, Proto will be working on selling more chips and a custom form factor of its own. Timestamps:00:00 Start03:20 Building hardware at Argo03:48 Proto miner05:36 Proto tools development06:29 Intel chips08:59 Why is Core Scientific interested in ASIC creation13:34 Collaboration vs competition16:06 Interacting with Bitcoin needs to be easier17:59 Geopolitics19:54 Having US built ASICs22:33 Have ASICs gotten better?25:01 Repairs27:26 Upgrading rigs30:09 Form factor changes35:51 AI & mining45:36 Is AI driving site design?50:50 15 exahash or bust?52:34 EPIC collaboration56:50 Launch date?57:28 Open market sales eventually?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, @MatthewKimmellThank 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 livestream, Colin, Will, and Charlie welcome two special guests, bitcoin mining stock analyst Pennyether and Luxor CEO Nick Hansen, to digest Cleanspark’s 2024 fiscal year financials. For the full show with the earnings call portion, please check out our YouTube.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

Karun, a resident hosting expert from Compass Mining, shares insights on the Bitcoin mining industry. He discusses Bitmain's challenges with U.S. Customs and the potential impact of Trump’s tariffs on miners. The conversation includes ERCOT’s new registration requirements affecting Texas miners and the evolving dynamics of the hosting market, emphasizing retail vs. institutional demands. Finally, they touch on the implications of compliance and regulatory transparency in the evolving Bitcoin landscape.

Welcome back to The Bitcoin Stock Show! For today’s livestream, Colin and Will break down 2024’s M&A activity – and there’s a lot to sift through. Deals brokered by Cleanspark, Bitfarms, MARA, Riot, Bit Digital, and Cathedra have resulted in over $470 million worth of M&A deal flow in 2024. 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

Former Hut 8 CEO Jaime Leverton joins The Mining Pod! We go through her time at Hut 8 building an industry leading HODL, her transition out the door though the merger with US Bitcoin Corp, to her new ventures in fintech and DeFi. We lastly touch on her interests in Bitcoin stocks and equities with some advice for other CEOs in the mining space.Timestamps:00:00 Start03:28 Jaime’s bio05:37 HUT 8"s Bitcoin treasury08:10 Jaime’s Bitcoin moment08:53 HUT 8 & US Bitcoin merger12:48 Exahash headlines14:27 Merger & debt16:35 Transitioning out of CEO role18:37 Jaime’s the bag holder21:57 Infrastructure24:05 HPC & AI demand27:57 HPC's future form factor31:55 Chair of the board32:58 Hashprice & predictions33:59 What's looking good?37:46 Thoughts on being a public company CEO38:57 ULYS startupPublished 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! Colin, Charlie, and Matt are back with this week’s biggest Bitcoin mining headlines. To start, the trio dives into this week’s Mining Pod newsletter to discuss revival of the ASIC miner market. Then, they provide an update on incipient restrictions of Bitcoin mining in Russia in areas with power shortages. They also cover a novel story onHicorp tapping the largest gas reserve in the US with a bitcoin mining pilot in Alaska, yet more news on AI-pivots from bitcoin miners, and the $4.6 billion in open shorts against Bitcoin miners. Finally, for this week’s cry corner, Bitcoin and crypto professionals, pedestrians, and obsessives rejoice at the resignation of Gary Gensler. Timestamps:CHAPTERS00:00 Start02:22 Difficulty update06:31 ASIC prices rebound13:03 Russia restricts mining in certain areas19:50 Hilcorp natgas mining in Alaska26:01 Miners moving to AI 34:12 $4.6bn short squeeze36:23 Cry Corner: Gensler is gone, girlPublished 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: @AsILayHodling, @cbspears, @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

JP Morgan analyst Reggie Smith rejoins Colin and Will to discuss Bitcoin mining economics, valuation metrics, and the emerging intersection with AI computing. We go through how a big bank like JP Morgan values miners, including possible costs and revenues, before focusing on AI/HPC and mining. Lastly, we finish on mining costs, dilution and relative valuations of the mining industry.Timestamps:00:00 Start01:53 Fintech team at JPMorgan02:42 Valuing mining companies03:38 Analyst goals06:11 Miner report07:51 Economic models12:40 Calculating operational costs18:38 AI and costs21:52 How liquid is the AI compute market?25:36 Good metrics for miner valuation?28:42 Payroll costs32:29 Equity dilution39:17 AI strategies46:40 The power of existing PPAs51:22 Highest & lowest gains54:18 Are miners overvalued?58:12 M&A activity1:01:40 Price & hashrate predictionsPublished 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, @MatthewKimmellThank 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

This week dives into the October landscape for bitcoin mining, showcasing highs and lows for public miners. Marathon makes headlines with its significant acquisition of three mining sites in Ohio. Ethiopia’s surge in mining is highlighted, pulling in substantial revenue for the country's power authority. Finally, the Proto team's upcoming ASIC garners attention, amidst ongoing debates comparing Bitcoin's journey to the dot com bubble, sparking lively discussions about its enduring value in the crypto space.