The Mining Pod | Blockspace Media

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. 👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:42 Difficulty update04:19 29% PubCo Hashrate report JPMorgan10:50 MARA Unlocks $200M BTC-Backed Credit Line18:06 Cipher Mining Acquires 1.5 GW in Texas24:37 Blue Owl Backs Crusoe in AI Move29:35 Bit Digital Acquires HPC Data Center32:38 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! 👉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 Bitcoin Stock Show, we sit down with Jeff LaBerge, the head of capital markets and strategic investments at Bitdeer. Bursting onto the scene last year with its IPO, Bitdeer quickly became one of the public bitcoin miners to watch, and now, the company is designing its own ASIC miner, the SEALMINER. How did Bitdeer secure TSMC chip allocation for the series, and will Bitdeer sell this ASIC on the open market or keep it for itself? We answer these questions and more, and we also touch on Bitdeer’s multi-continent AI/HPC aspirations.  👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:28 Jeff's background & Bitdeer03:51 Bitdeer's ASIC business06:41 Foot in the door with TSMC11:55 Retail vs internal allocations15:07 Different model timelines17:16 Cooling design18:48 Hydro & immersion cooling20:59 Manufacturing capacity22:05 AI & HPC25:15 Different business lines30:57 Norway deployment35:03 Butan futurePublished 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! Today we’re joined by Skot, the creator of the open source Bitcoin mining project Bitaxe! Launched a bit over a year ago, Bitaxe is a simple way to bring mining back to the household by taking a chip from state of the art Bitcoin miners like the Bitmain S21 and gluing it with a bunch of other parts into a mini-home miner! We talk with Skot about the origin of the idea, why he wanted to make something like the Bitaxe, the value of home mining and the future of mega miners like Riot, Marathon or others.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start02:10 What's a Bitaxe?05:20 How is it open source?06:15 Salvaging chips10:45 Sourcing components13:11 How are they sold?15:05 Why make the Bitaxe?19:19 Node + Bitaxe?21:04 Increasing collaboration26:42 Pleb mining30:30 The future of mining36:09 Bitaxe timeline36:50 The experience making the Bitaxe42:13 Wrap upPublished 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’re going through Bitcoin and Bitcoin mining news including a difficulty update after Florida hurricanes, IREN’s lawsuit about HPC, Bitmain releasing another version of the S21 with less efficiency (why?), Marathon’s Anduro platform getting in on tokenized whiskey, Marathon also getting sued for being too loud at its Granbury, Texas site and HBOs new Satoshi Nakamoto documentary uncovering the creator of Bitcoin was none other than Peter Todd, a guest and friend of the show! We dig in.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:15 Start01:16 Difficulty update03:14 IREN HPC lawsuit09:26 Bitmain announces new S21 variants15:04 MARA’s whiskey on the blockchain25:30 MARA’s continued dispute with Texas town29:16 Cry corner: HBOs documentaryPublished 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 Bitcoin Stock Show, we sit down with Sue Ennis, the head of investor relations at Hut 8, to discuss Hut 8’s AI/HPC business line. The conversation covers Hut 8’s original foray into HPC with its Terago acquisition in 2022, its new GPU-as-a-Service business line, what makes an ideal HPC data center, what has changed with Hut 8 since the merger with US Bitcoin Corporation, and everything in between – including a little teasing about a 1 GW acquisition that Hut 8 has in the pipeline.👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Livestream waiting room01:47 Intro03:04 Sue’s background04:10 Why Hut 8 purchased Terago data centers08:52 Learning curves for Hut 8 operating HPC centers11:20 Retrofitting a bitcoin mine vs deploying hashrate at an HPC center13:40 Hut 8’s GPU-as-a-Service15:35 Difference between Terago centers vs new business line17:14 Does Hut 8 plan to greenfield or retrofit a datacenter for HPC?23:00 Ideal conditions for an HPC data center25:50 U3S21EXPH form factor as a cross-over from HPC operations 30:30 Hut 8 transition/change with US Bitcoin Corp mergerPublished 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! This week we are joined by Asher Genoot, CEO of Hut 8, one of the larger and older Bitcoin miners! Hut 8 recently entered into a deal with leading Bitcoin mining manufacturer Bitmain to produce a new immersion unit ready for traditional data center builds! In this show we discuss the unit, how the deal got made, how it fits into a data center, parts and repair, the hosting deal with Bitmain and the opportunity cost of entering into investments like this one with Bitmain!👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start01:34 New ASIC (U3S21EXPH)05:03 Chip efficiency07:55 New cooling solutions14:12 Datacenter build out19:00 AI facility conversion20:58 Hosting for Bitmain deal26:51 Facility location29:05 Opportunity costs32:08 New CEO role35:11 Growing both AI & miningPublished 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! This week, we’re talking about about bullish inflows to the crypto (mostly Bitcoin) ecosystem that could support better asset prices, Ocean launching a new decentralized template program for miners, CleanSpark’s hurricane woes and updates from the recent catastrophe in the Southeast US and Swan’s dramatic lawsuit against its former employees! 👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start04:18 Difficulty update05:26 Coinshares: Digital Asset Flows10:40 Ocean Pool's Datum18:46 Cleanspark & the hurricane24:03 Swan mining update31:32 Cry Corner: Satoshi Has Been Found! LOLPublished 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, @MatthewKimmellShow links:https://blog.coinshares.com/volume-202-digital-asset-fund-flows-weekly-report-e00fa60eac86https://ocean.xyz/docs/datumhttps://www.theblock.co/post/318784/bitcoin-miner-cleanspark-restores-200mw-in-the-wake-of-hurricane-helenehttps://blockspace.media/insight/new-filings-raise-questions-about-mining-ownership-in-swan-lawsuit/https://x.com/disclosetv/status/1841896077865230409Thank 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

There’s a ton of new units on the market, including new players like Auradine. But how do these units actually hold up when deployed to the field and under harsh environments? We brought on Brad Cuddy of Cholla Energy to walk us through his experience working with the units. We also discuss alternative units like Bitmain and MicroBT, dry cooling, hydro vs. immersion and various other topics relating to technical Bitcoin mining. Lastly, we finish with a conversation on the Texas Bitcoin mining landscape including 👉 Get tickets to OP_NEXT by visiting the website! And use discount code OCTOBER to get 25% off at check out!Timestamps:00:00 Start02:01 Brad's background05:53 Types of ASIC cooling09:25 Bitmain vs MicroBT12:20 Dry cooling16:34 Hydro vs immersion21:38 Immersion form factor challenges22:26 MicroBT immersion deployment24:21 Cost difference25:42 Cooling fluid & thermodynamics28:24 Fluid longevity29:14 Auradine32:32 Firmware & chip uptime34:47 Auradine conclusion35:35 What cooling is best?37:14 Extreme temps39:23 Curtailing with hydro units42:21 New Bitmain unit45:34 Bitmain changing PDUs48:13 Curtailing (4CP)49:15 Curtailing (PPA)51:16 Ancillary grid services52:43 4CP operations55:10 Renewable & Texas grid58:56 Future of solar1:03:52 Miners, data centers & interconnections1:06:22 Texas' isolated gridPublished 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! Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!👉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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.  "The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome back to The Mining Pod! For this week’s roundup, Will, Colin, and Matt discuss the bombshell news that Swan Bitcoin is suing its former employees and contractors, alleging that the cabal stole proprietary aspects of Swan’s bitcoin mining business. Speaking of corporate sparring, the gang also covers the news that Riot and Bitfarms have settled (for now, at least) their dispute over Riot’s attempts to acquire its rival. They also discuss Bitdeer’s new SEAL02 ASIC chip, which Bitdeer claims is capable of 13.5 J/TH power efficiency, and why bitcoin mining ASICs are not securities despite some reporting to the contrary. Finally, in this week’s cry corner, they address the indefatigable, maddening myths that persist about Bitcoin’s global electricity use (no Bill Maher, Bitcoin does not use 8% of the world’s electricity, but thank you for playing!).Enjoying the show? Check out our newsletter at miningpod.blockspace.media!Timestamps:CHAPTERS00:00 Start00:14 Swan mining lawsuit11:01 Difficulty update17:03 Riot vs Bitfarms27:14 Bitdeer’s SEAL02 chip35:25 Green Mining SEC suit not dismissed38:59 Hut 8 GPU-as-a-Service Goes Live42:47 Cry corner: Bill Maher is wrongPublished 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! 👉 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!And NiceHash (@NiceHashMining), the world's most powerful hashrate marketplace!"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset.   Learn more about your ad choices. Visit megaphone.fm/adchoices

For this week's Bitcoin Mining Stock Show, Colin sits down with Taras Kulyk, the CEO and co-founder of Synteq Digital. The fellas open the show by talking about the differences between the AI/HPC and ASIC hardware markets, why its (much) easier for traditional data center operators to access capital markets than bitcoin miners, and whether or not Core Scientific can capitalize on its AI promises. For the second half of the show, Taras dives into what has changed in the ASIC market since the April 2024 Halving, plus the great migration of older models like the S19 and M30 series to lower cost areas in the global South. Finally, Taras shares his views on Bitmain's new U3S21EXPH hydro-cooled ASIC miner and his vision for the future of data center cooling. Learn more about your ad choices. Visit megaphone.fm/adchoices