Bitdeer’s Power Plant, Trump’s ETFs, Softbank’s $50m Cipher Bet, and Nebraska’s Mining Tax
Welcome back to The Mining Pod! Colin, Will, and Matt are back at it this week with a packed docket of news. Bitdeer has acquired the rights for a $90 million, 101 MW natural gas power plant in Alberta in a bid to become even more vertically integrated, and Cipher cashes in on Project Stargate with a $50 million investment from Softbank. Plus, two cheers for taxation (but not actually): Russia has codified a tax code for bitcoin miners, and a Nebraska Senator introduces a bill for a $0.025 per kw excise tax on bitcoin miners. For our last news item, Trump wants to launch bitcoin ETFs, because memecoins just weren’t sophisticated enough. And for this week’s cry corner, why Ethereum is no longer deflationary and what a croissant can tell us about the future of ETH issuance (seriously).
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Timestamps
00:00 Start
02:21 Difficulty report
05:03 Bitdeer Power Plant
11:32 Softbank invests $50m in Cipher
16:18 Russian miners reporting & taxes
22:20 Nebraska rate hike
28:17 Bitcoin Plus ETF
32:20 Cry corner: uLTrA SOunD MooONeeY
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