H4shr8 Crypto Mining Podcast

Welcome back to The Mining Pod! Today we are joined by Adam Back, cryptographer and CEO of Blockstream. Well known for its sidechain software Liquid, among other projects, Blockstream is actually a large private Bitcoin miner. In today’s show, we go through Blockstream mining with Back, including its profile as a miner (energy, locations, fleet). Then we dive into the BMN2, a new financial instrument to help people mine Bitcoin without ever touching a Bitcoin miner! 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 Start 02:11 Blockstream's mining background 08:46 Mining Note details 16:53 Secondary markets & Mining Notes 19:49 Typical investor profile 28:39 Why not self mine? 32:07 Where does Blockstream profit? 36:39 Production costs & cycle timing 42:05 Upgrading ASICs or not? 45:29 Lessons learned, changes made 50:31 Post Interview Discussion Published twice weekly, "The Mining P

Welcome back to The Mining Pod! Rhodium is filing for Chapter 11 bankruptcy, and they’re going to need cash to get through the restructuring. So in comes Galaxy Digital, which is offering a $30m (or 500 BTC!) loan, in a move that could be a savvy attempt to acquire Rhodium assets. Turning to the ASIC market, bitcoin miner prices are down – a lot – and Bitmain could have a hand in the sluggish demand given how quickly it is releasing new versions of the S21. For a bit of lighthearted news, the guys get cosmic pontificating on interstellar bitcoin mining, while also taking a less lighthearted look at drooping crypto market sentiment. And to close the show, they roast – and we wish we were joking here – a tokenized vaping product(because who doesn’t want to get paid to contract popcorn lung?). Timestamps: 00:00 Start 02:24 Difficulty update 05:32 Galaxy offers $30M to Rhodium 12:18 Too many ASICs! 22:04 Mining in spaceeee?! 28:10 Sentiment is bearishh :( 34:13 Cry Corner: Web3 Vaping…? Published twice weekly,

Before 2023, most folks probably associated AI with the far-off dystopias of The Terminator, The Matrix, or other depictions in pop culture. Now, AI is permeating every corner of our culture and economy as applications like Chat-GPT have taken a place alongside Google as the habitual tools of the internet’s citizenry. At the core of all of these applications – as with every facet of the Internet – is computing power, and bitcoin miners are betting big on becoming key producers of this compute. On this episode of the Bitcoin Stock Show, Tom Masiero of Cathedra Bitcoin shares his vision for how bitcoin miners factor into the most consequential technological revolution since the Internet.   @FarmahTom Director @CathedraBitcoin $CBIT  CathedraBitcoin.com Timestamps: 00:00 Livestream waiting room 11:15 Show introduction  12:30 Tom introduction and background 14:30 Breakdown of different HPC datacenter strategies 20:50 Difference between datacenter tiers 22:25 Types of HPC services bitcoin miners provide 27:30

Welcome back to The Mining Pod! This week we are joined by Brandon Bailey (a.k.a. Bitcoin Beezy), a co-founder of Second Gate advisory and a former VP of mining at Galaxy Digital, to discuss his recent research note on Bitdeer. He argues that the public miner, which is sometimes overlooked for some combination of language barriers and the team’s geographic distance from North America, is massively undervalued. He digs into Bitdeer’s bitcoin mining business and its burgeoning ASIC miner manufacturing line to make the case that the company deserves a valuation comparable to Riot, Marathon, CleanSpark, and Core Scientific.  Timestamps: 00:00 Start 02:11 Bitdeer Research Note 03:46 Bitdeer as public company underdog 08:12 2025 Projected Growth 12:42 market segments 14:59 Total Revenue 16:10 Self mining vs hosting 18:34 New ASICs 23:46 ASIC manufacturing at scale 30:13 Advantages of vertical integration 35:08 Bitdeer can shift market segments 37:03 AI & HPC 41:11 AI training profitability 45:34 3 AI Compute appr

Welcome back to The Mining Pod! Blockspace broke news this weekend that Texas-based bitcoin miner Rhodium is going bankrupt, and we follow up in today’s show about what we do and don’t know regarding the incipient restructuring. As Rhodium starts restructuring its debt, other bitcoin miners have been expanding, with mergers and acquisitions becoming the second hottest trend this summer in the mining sector. The hottest trend, though, is AI, and we’ve got the straight skinny on how public bitcoin miners are approaching the hyped-up sector. And in this week’s Cry Corner, the gang addresses yet more quibbling about Bitcoin’s energy use (when Solomon said that there’s nothing new under the sun, he was really talking about energy FUD…). Timestamps: 00:00 Start 01:19 Difficulty report 03:27 Rhodium files for bankruptcy 08:28 Bitfarms acquires Stronghold 09:07 GDA expansion 09:28 Cipher Mining's new site 15:04 AI & HPC industry update report 22:09 Cry Corner Published twice weekly, "The Mining Pod" interviews the

Welcome back to the show! We’re sitting down with film maker and documentarian Alana Mediavilla to discuss her new film “Dirty Coin,”  which premiered on the Bitcoin Halving this year and will go to market in late 2024! In this sit-down interview at Bitcoin Nashville, we discuss film work in Bitcoin, various locations filmed and the stories behind them and how Bitcoin mining is the “hands and feet” of Bitcoin compared to the ‘Number Go Up’ strategy most people consider. If you enjoyed the show, keep an eye out for Dirty Coin at a theater near you and follow the social accounts at @DirtyCoinDoc and @AlanaMediavilla! Timestamps: 00:00 Start 01:35 Starting Dirty Coin 04:01 Background 12:17 Funding 14:23 Screening 14:47 Bitcoin Film festival; 15:57 Reception of the film 16:42 Made for no-coiners 18:11 CLIP: Monetizing Waste 24:21 CLIP: Seneca Lake 29:26 CLIP: History of the Electrical Grid 36:18 The goal of the movie 42:59 Final thoughts Published twice weekly, "The Mining Pod" interviews the best builders and

Welcome back to The Mining Pod! On Thursday, Bitcoin transaction fees soared to their highest levels since April, but it has nothing to do with runes or inscriptions. This go around, it was all thanks to the launch of Babylon Chain, a new off-chain BTC staking platform.  We also tackle Bitfarms’ merger with Stronghold and what it could mean (or not mean) for Riot’s ongoing attempt at a hostile share takeover of Bitfarms. Finally, we close on the latest Q2 figures and operational updates from public bitcoin miners, and Colin rants about why the IMF needs to take their bitcoin miner tax proposal and shove it...someplace where it won’t see the light of day.  Timestamps: 00:00 Start 02:33 Difficulty report 04:45 ASIC prices 12:13 Babylon staking 15:51 Bitfarms Expands with $175M Stronghold Merger 16:47 Riot vs Bitfarms Poison Pill 25:30 Public Miner Reports 32:19 IMF Idea to Tax Bitcoin Miners Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining

Welcome back to the show! This week, we’re joined by ‘The Coin Dad,’ one of the familiar faces around Bitcoin mining conferences (and mines!) with an extensive history in the small, young sector. The Coin Dad takes us through his personal life–including an overseas deployment to the Middle East–to his time entering Bitcoin mining, including deploying tens of thousands of machines for some of the largest mining companies and fabricating entire container designs. We fininish with a conversation about the Bitcoin Mining Museum, a passion project begun multiple years ago to preserve the history of Bitcoin mining hashrate!   Timestamps: 00:00 Start 01:31 Coin Dad's background 10:27 Starting mining 13:37 Altcoin fail 19:30 Start working in Bitcoin 33:46 Mining museum 44:06 Bitcoin shoes 47:34 Time for a brick & morter 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

Welcome back to The Mining Pod! How much have public miners raised since Q2? A lot – like, $2.2 billion kind of a lot. The majority of this liquidity flows from at-the-market (and other) stock offerings in Q2, while a handful of miners have also turned toward convertible notes for financing in Q3. In addition to that news, we also cover a story that Blockspace broke regarding CleanSpark’s desire to launch its own mining pool, and we finish the feel good underdog story that yes, solo miners are still out there (and they’re actually making money).   Timestamps: 00:00 Start 01:43 Bitcoin mining market / metric update 7:50 Publicly traded Bitcoin miners raise $2.1 billion since Q2 10:00 Bitdeer $150 million convertible note 12:46 Marathon $250 million convertible note to buy BTC 14:21 Core Scientific $350 convertible note to pay down debt 17:13 When CleanSpark pool?  23:48 Bitaxe and solo mining 33:54 Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin

Welcome back to The Mining Pod! This week we are joined by Zach Bradford, CEO of Cleanspark, to discuss Cleanspark’s exlplosive 2024 growth. From purchasing peer miner Griid to new sites in multiple states, Bradford goes through Cleanspark’s last twelve months, why the company is focused on Bitcoin and Bitcoin only, why Cleanspark is focused on building in the US (but maybe not forever!), comparative strategies like MARA’s new HODL and possibly some tech developments worth listening to the end of the show for. Timestamps: 00:00 Start 02:15 12 month recap of operations 05:57 Why not pivot to AI? 11:19 Texas is too crowded 13:27 International power locations 15:56 Griid acquisition 19:24 Swapping Griid's old rigs? 21:28 Texas vs Georgia 24:46 Bitcoin treasury 29:18 Marathon's current strategy 31:55 Growth strategies 37:15 Launching a pool? 38:02 Bitcoin Core development 38:55 New rigs 40:06 Wen zetahash? Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bi

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! 

Welcome back to The Mining Pod! This week we are joined by Bitcoin Mechanic, arguably the face of Ocean Pool. Ocean launched in November 2023 with a lot of hope, excitement and promise, even getting a node from former Twitter CEO Jack Dorsey with an investment. The Ocean Pool team promised to decentralize Bitcoin mining through novel block template options for individual miners, a new payout structure called Tides and, to much criticism, the filtering of Ordinals and Inscription projects natively.  In this interview, we go through what happened over the course of 2024 with Ocean Pool, how its attracting hashrate, revisiting the ‘spam’ problem, block template construction and the future of Bitcoin in regards to MEV and future soft forks. Timestamps: 00:00 Start 02:08 Bitcoin Mechanic bio 05:26 Start9 & node runners 06:43 What's Ocean? 08:20 Who is Ocean different? 13:25 Block template centralization 22:27 Closed Source firmware 23:55 Ocean Biz Dev 25:03 How to attract miners? 34:56 PPLNS vs FPPS 45:03 Why w

Welcome back to The Mining Pod! Charlie, Will and Matt jump on the mic to discuss this week’s Bitcoin and Bitcoin mining news, including the largest Bitcoin mining difficulty adjustment since January 2023 at 10.5%, Riot’s increasing pressure on Bitfarms for control over the latter company’s future, new ASIC models debuting at Bitcoin Nashville from Auradine and MicroBT, Cantor Fitzgerald rolling out a $2 billion book for Bitcoin companies and MARA’s $100 million HODL position Timestamps: 00:00 Start 02:30 Difficulty update (NGU edition) 07:04 MinerMag: Return of the HODL 09:13 Russia Legitimizes Mining 14:57 MinerMag: Aint No Love w/ Riot & Bitfarms 18:38 Cantor Enters BTC Lending 25:17 New MicroBT rigs 26:33 New Auradine rigs 29:06 Marathon goes full HODL mode 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! 

Welcome back to The Mining Pod! Hive Digital is the oldest publicly listed Bitcoin mining stocks. It’s also one of the most conservative and efficient miners on the market. So why does it want to lean into AI and HPC so aggressively? We brought on Frank Holmes and Aydin Kilic of Hive Digital to understand the Canadian Bitcoin miners play, including the team’s background, the expectation on hardware turnaround time, using a Bitcoin treasury, expanding operations in Paraguay and reducing the cost to mine Bitcoin on the corporate level. Timestamps: 00:00 Start 02:22 Frank background 04:24 Aydin background 08:39 Operations update 09:58 Hardware ROI 1 yr 12:46 BTC treasuries 17:39 Conservative growth 20:13 Paraguay mining operations 26:08 Zambia plans 31:46 Reducing costs of international expansion 39:00 Mining vs HPC vs AI profitability 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

Welcome back to The Mining Pod! Ever wonder what to do with your mining stock equity, Bitcoin or other assets so you don’t get hit with a huge tax burden, financial issue or other inconvenience in life? Enter Bespoke Group, a family office and advisory focused on problems Bitcoiners face. We talk with Bespoke about managing your stack in a responsible way, from startup equity to tax structures to trusts. Timestamps: 00:00 Start 03:26 Matt's bio 04:09 Jack's bio 06:53 What is Bespoke? 14:38 Anon Bitcoiner that led to Bespoke 23:07 Convincing skeptical Bitcoiners 32:01 What's the pitch? 39:42 Stock option wealth planning 43:20 BTC income planning 56:00 Ordinals inheritance (no.. seriously) 1:00:47 What to do with gains? 1:05:33 Planning before the gains happen 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! 

Welcome back to The Mining Pod! In this week’s news roundup, we touch on Bitcoin network metrics, Bitcoin miners increasingly moving to AI, IREN’s short report and what it meant for the stock, Tether’s bid to take over Bitcoin mining (or, diversify revenue and asset holdings) and Charlie’s Ordinals report! Timestamps: 00:00 Start 02:58 Difficulty report 06:08 Miners pivot to AI 14:07 Iris Energy Short Report 18:40 Tether & Northern Data 23:30 Ordinals report 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! 

Welcome back to The Mining Pod! Today we’re joined by Matt Lousteau of Giga to discuss what you need in the field for mining Bitcoin! From immersion to containers to transformers, we go through your potential needs to mine Bitcoin.  Timestamps: 00:00 Start 02:24 What's new w/ Matt? 04:03 10MW deployment 04:35 Plans for Giga 07:01 Giga products 09:09 Sourcing transformers 11:17 Miner transformer needs 13:04 ASIC hardware changes 16:15 Hydro & immersion 20:08 Hydro solution form factor 22:47 Dry coolers 27:06 What are miners buying? 30:22 Transformer competition 30:50 Geopolitical sourcing risks 33:21 AI growth 35:16 Wrap 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! 

Welcome back to The Mining Pod! Today we are joined by Patrick Fleury, the CFO of publicly traded mining company TerraWulf to discuss public mining markets, TerraWulf itself and how mining shareholders should think about Bitcoin mining companies! Timestamps: 00:00 Start 02:24 Patrick's background 05:08 Terawulf partnerships 09:17 Financials 16:38 Nondisclosure is bull$#!T 20:15 Shareholder dilution 27:01 Issuing equity at a terahash value 35:27 Current lab projects 40:58 Terawulf lines of business 46:48 Cloud & GPU contracts 52:44 Energy contracts as assets 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! 

Welcome back to The Mining Pod! On today’s show, we’re sitting down with Leo Zhang of Alkimiya Protocol to discuss their novel trading solution for Bitcoin blockspace. Yes, you read that right! Alkimiya enables parties like wallets, miners or professional traders to take a position on Bitcoin blockspace. Widespread usage of this trading platform could enable wallets or others to issue on-chain transactions even when fees are high, balancing out the long term volatility of Bitcoin transaction fees. For miners, it might open up doors for trading a new commodity: Blockspace.  Timestamps: 00:00 Start 03:04 What's Alkyamya? 17:41 How can miners use? 22:54 How does it work? 24:31 Tech design of Alkyamya 26:05 Alkyamya & L2s 26:42 Building on Bitcoin 33:53 New Bitcoin proposals 39:11 Degen spillover 41:20 Final thoughts 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 Tuesda

Will, Charlie and Matt jump back behind the mic to chomp on this week’s Bitcoin and Bitcoin mining news–and what a week it was! We cover Cleanspark’s plans to purchase Bitcoin miner Griid, Northern Data and Genesis Digital Assets (GDA)eyeing public markets for the first time and we wrap up with a short local story on ASIC theft.  Timestamps: 00:00 Start 05:18 Cleanspark Acquisition 14:07 Northern Data IPO 20:05 GDA IPO 26:28 Bad Boys: ASIC thief 28:08 Ordinals number go down :( 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!