CBP Update, SEC OKs Mining, BitFarms Merger Closes, Lancium Patent Dispute and Are We Still Bullish?
Dek/excerpt: Slightly over 30 minutes, but we hit all the mining stories you care about this week!
Body:
You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com
Want to mine Bitcoin? Check out the Blockspace Media store today!
Welcome to another packed episode of The Mining Pod! Hosts discuss the current hash price bear market, with difficulty adjustments continuing to increase despite declining profitability. They explore CBP's ongoing seizure of Bitcoin miners at the border, possibly costing companies millions in holding penalties. Plus, discussions on the TVA and DOE's push for nuclear energy, Bit Farms finalizing its acquisition of Stronghold Digital Mining, the SEC's clarification on proof-of-work mining activities, and OBM and Toya Energy's patent victory against Lancium. Finally, the team examines the sharp decline in mining community engagement.
Notes:
- Hash price at $47.50/PH/s/day
- 8 of 10 recent difficulty adjustments increased
- BitFarms now has 60% of megawatts in US
- Mining stocks down ~50% year to date
- Mining community engagement down ~80%
00:00 Start
02:27 Difficulty Report by Luxor
06:55 Update on US border troubles
11:02 SEC: No news is good news
11:04 Baseload energy & flexible loads
19:26 SEC: No news is good news
21:35 Stronghold, Bitfarms confirm merger
25:55 Foreman, Cholla Energy vs Lancium
31:29 Cry corner: Mining Mafia drama
👉 CleanSpark (CLSK), America’s Bitcoin Miner!
Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!
👉 Digital Shovel, All Things Crypto Mining!
Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com
👉 Luxor, Leaders In Bitcoin Mining and Compute Power!
Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.
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!
Learn more about your ad choices. Visit megaphone.fm/adchoices