China Mining Ban Fake News, Semiconductor Tariffs, $14.5B Mining Pool Heist
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Welcome back to The Mining Pod! Today, Will, Colin, and Matt touch on Bitcoin’s hashrate hitting an all-time high of 972 EH/s, Trump's proposed 100% semiconductor tariffs, false Chinabitcoin mining ban rumors, MicroStrategy's 2.5x NAV share issuance rule, and tracking down a $3.5B mining pool heist (now worth $14.5B!) four years later.
**Notes:**
• Hash rate reaches 972 EH/s all-time high
• 1.4% difficulty adjustment expected
• Hash price at $58 per PH/day
• 100% semiconductor tariff proposed
• China controls 13-14% of network hash
• $3.5B mining pool heist now worth $14.5B
Timestamps:
00:00 Start
02:36 Difficulty Report by Luxor
07:41 Tariffs... again
13:59 No, China is not banning bitcoin mining again
21:56 MSTR will no longer issue equity under 2.5x mNAV
33:25 Cry Corner: Mining pool heist
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