CoreWeave's IPO Plans, CBP ASIC Releases, Cathedra Sells 60 MW and Trump's Tariffs
CoreWeave turned heads a few times this week. We cover all the moves!
The Mining Pod | Blockspace Media · Blockspace Media
Audio is streamed directly from the publisher (podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Charlie and Matt fill in for Colin and Will on this week's Mining Pod. They discuss Core We've's public listing plans and its 12-year, $10.2B contract with Core Scientific, making it the AI darling of American markets. They debunk rumors about Microsoft canceling CoreWeave contracts, cover US customs releasing seized Bitcoin miners after months of delays, and analyze Cathedra's $21M sale of a 60MW North Dakota mining site. The episode wraps with insights on market volatility driven by Trump's tariff policies and how Scott Bessent's Bitcoin knowledge influences economic decisions.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
• Difficulty adjustment expected at +1.16%
• Hash price bottomed at $45/PH/s/day in February
• CoreWeave 2024 revenue: $1.92B (77% from 2 clients)
• Cathedra sold 60MW site for $350K per megawatt
• Mining equipment being released by US customs
• Market volatility from Trump's tariff policies
Timestamps:
00:00 Start
01:55 Difficulty update
05:12 Coreweave IPO?
09:39 Coreweave MSFT FUD
14:54 Customs mining rig seizures
24:09 Cry Corner: Tariff Tug of War
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