The Mining Pod | Blockspace Media

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...

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_N...

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 relati...

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...

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....

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 wrot...

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...

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...

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...

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 r...

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 instrum...

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 dema...

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 –...

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...

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 mini...

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...

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 sha...

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 l...

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 t...

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!), comparat...

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 qu...

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 struc...

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 o...

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 hardwar...

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...