H4shr8 Crypto Mining Podcast

Welcome back to the Bitcoin Stock Show! Yesterday, we livestreamed Riot's Q3 earnings call, so for today's show, we unpack the earnings call with a special guest, PennyEther! PennyEther is a bitcoin mining stock analyst who shares his research and insights on X. This podcast is a truncated version of the livestream, where we cut the earnings call bit and dive straight into our post-call analysis. If you'd like to listen to the full episode with the earnings call, hop on over to The Mining Pod YouTube channel!

Welcome back to The Mining Pod! Today we are joined by Kyle Schneps, VP of Public Policy at Bitcoin mining pool Foundry, joins us to discuss…well the election! Why did Bitcoin miners go so hard for Trump and will there be repercussions? Why did Foundry sit in between and not endorse either candidate? And what actually matters more in 2024, States or the Federal level?

Welcome back to the Mining Pod! Will, Colin, and Matt are back with another news roundup. It’s election season, so naturally, headlines about Russia have weaseled their way into the news cycle – only this time, the news is about how Russia allegedly wants to encourage trade in bitcoin to bypass sanctions. The gang also talks about Coinmint’s partnership with NYDIG to expand its Massena, NY facility, and our friends at Compass give us an update on the bitcoin mining hosting market. The show wraps up with the latest on Core Scientific’s $8.7 billion deal with Core Weave, and in this week’s cry corner, the fellas are perplexed at why Dennis Porter, founder of Satoshi Action Fund, is getting so much heat for Pennsylvania’s new bitcoin rights bill.

Welcome back to the Mining Pod! For this week’s stock show, Colin interviews Bitfarms CEO Ben Gagnon and Senior Vice President of Global Mining Operations Alex Brammer. Bitfarms made a name for itself as one of the first publicly traded bitcoin miners to expand into South America, first with its operations in Argentina and then in Paraguay. Now, Bitfarms is planning to house 50% of its future hashrate in Pennsylvania with its acquisition of Stronghold Digital. They discuss how their new portfolio in Pennsylvania gives Bitfarms the option to enter the energy trading business, and Bitfarms’s strategy for potentially breaking into the AI/HPC business by 2026.

Welcome back to the Mining Pod! We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of Africa, particularly with well connected Chinese Bitcoin miners sourcing hydro-powered contracts. Ethan recently visited so we brought him on with Kal to discuss what’s actually happening, the costs versus North American mining and how to invest in the area (if you’re willing to take the risk!)

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. 

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.  

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.

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.

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.

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!

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! 

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 

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: CHAPTERS 00:00 Start 00:14 Swan mining lawsuit 11:01 Difficulty updat

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

Welcome back to The Mining Pod! For this week’s show, Colin interviews Rob Warren, the author of The Bitcoin Miner’s Almanac. Standing up a bitcoin mining operation is a herculean task. From managing ASICs, to standing up infrastructure, to navigating power contracts, bitcoin miners have to learn everything from IT management to hardware maintenance – and everything in between. That’s why Rob wrote The Bitcoin Miner’s Almanac, to help newcomer and veteran miners alike easily navigate the daunting, complicated minutiae of bitcoin mining. In our conversation, we touch on what inspired the book, Rob’s experience researching and writing it, and what he plans to include in the second edition. This isn’t your grandfather’s almanac… You can purchase The Bitcoin Miner’s Almanac on Amazon or the Bitcoin Magazine store. Enjoying the show? Check out our newsletter at miningpod.blockspace.media! Timestamps: 00:00 Start 03:03 The Bitcoin Miner's Almanac 12:21 Forget about Bitcoin 20:14 Making sense of the energy indus

Welcome back to The Mining Pod! For this week’s news roundup, the crew dives into Hut 8’s partnership with Bitmain on the manufacturer’s new hydro-cooled ASIC model, the U3S21EXPH. Matt also gives everyone a geography lesson with his overview of Bhutan and its hoard of 13,011 BTC worth $780 million, the fourth largest BTC reserve of any nation, and Colin covers Rober F. Kennedy Jr.’s letter to the editor in the Economist in which he defends Bitcoin mining for its utility as a flexible load for renewable energy. Plus, a former President, a bitcoin mining CEO, and a pub owner walk into a bar, and everyone leaves with a burger paid in bitcoin (yes, every outlet has covered this story, but we are too). And finally in this week’s cry corner, the unfortunate story of a Norwegian town whose residents will pay more for power after a bitcoin mine ceased operations. Enjoying the show? Check out our newsletter! Timestamps: 00:00 Start 01:38 Difficulty update 03:36 Fractal fees 07:23 Hut 8 and Bitmain ASIC partnership

Welcome back to The Mining Pod! Pow.re Co-founder and CTO Ian Descoteaux joins us today to talk about all things ASIC miners. In the conversation, we speak at length about the Antminer S21, including his experience deploying this model, its quirks / failure rates, and its performance. We also touch on ASIC prices and manufacturer competition, including why MicroBT’s Whatsminers are more expensive than other models, and whether or not Auradine and Canaan will be competitive in the near-future.Finally, we close on his takes regarding Bitmain’s newest hydro model, the U3S21EXPH. Enjoying the show? Check out our newsletter at miningpod.blockspace.media! Timestamps: 00:00 Start 01:29 Update 03:11 New ASIC frustrations 04:16 ASIC price competition 06:20 Why MicroBT expensive 06:57 Canaan & Auradine 07:52 S21 deployment experience 09:46 ASIC failure rate 10:51 Repairs 12:46 Paraguay ASIC repair cost 14:44 S21 deliveries 16:07 S21 quirks? 18:39 New Bitmain units 20:02 Current ASIC market 23:05 U3S21EXPH Rack Syste

Welcome back to The Mining Pod! Will and Colin hop on for another duo pod this week for one of the most eclectic roundups yet. The numbers are in for August for the public bitcoin mining world, and these companies are slowly (but steadily) expanding their hashrate, while also collectively selling more than 1,200 BTC over the month. In a testament to bitcoin mining’s utility for utilities, Japan’s largest power company, Tokyo Electric Power Company (TEPCO), is mining bitcoin with a portion of its renewable energy assets. Finally, the lads breakdown the juicy details of sidechain Fractal Bitcoin’s first week. And in this week’s cry corne – in which Darryl Cooper (Martyr Made) gets BSV-pilled – they touch on the irony of an alternative historian storing his podcasts on a blockchain launched by a man who tried rewriting the history of Bitcoin. Timestamps: 00:00 Start 02:05 Difficulty update 05:03 August miner updates 11:29 Tokyo mining BTC! 17:49 Fractal Bitcoin update 25:12 Cry Corner: Darryl Cooper BSV pilled

Welcome back to The Mining Pod! Sam Tabar, CEO of NASDAQ-listed Bit Digital, joins us today to talk about Bit Digital’s post-Halving mining strategy and (more importantly) what the company is doing to scale its AI business line. Bit Digital earned $12.5 million with its HPC services in Q2-2024, the most of any AI-focused public bitcoin miner. During the show, Tabar discusses how they executed to reach this milestone, their aspirations to book $700 million in AI revenue over the next five years, and more – including a few choice words regarding miners who plan to retrofit existing bitcoin miners for AI/HPC jobs. Note, this podcast is for educational purposes only and is not financial advice. Enjoying the show? Check out our newsletter at miningpod.blockspace.media! Timestamps: 00:00 Waiting room 02:02 Introduction 03:00 Biggest changes to bitcoin mining since Q1 2020 7:10 Why Bit Digital is committed to asset-light bitcoin mining 15:00 Four models for bootstrapping AI/HPC load 20:20 HPC compute pricing stru