US Miners Grow Market Share, MARA’s $200m BTC Loan, and Cipher’s 1.5 GW Buy
In the news this week, US miners grow their hashrate share, a $200 million headline, 1.5 GWs of acquisition aspiration, and AI updates.
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Show Notes
Welcome back to the Mining Pod! For this week’s news roundup, Colin and Matt discuss how US public bitcoin miners are growing their share of Bitcoin's hashrate. Plus, Marathon is leveraging its trove of 26,000+ BTC and Cipher is going bigly with three pending mining site acquisitions for a total of 1.5 GW of capacity, some of which the miner may allocate toward AI/HPC compute. They also touch on some AI updates from Crusoe and Bit Digital, and in this week’s cry corner, why grown men are getting big mad about arbitrary data on everyone’s favorite block explorer.
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Timestamps:
00:00 Start
01:42 Difficulty update
04:19 29% PubCo Hashrate report JPMorgan
10:50 MARA Unlocks $200M BTC-Backed Credit Line
18:06 Cipher Mining Acquires 1.5 GW in Texas
24:37 Blue Owl Backs Crusoe in AI Move
29:35 Bit Digital Acquires HPC Data Center
32:38 Cry corner: "Runes, ordinals, etc don’t exist"
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!
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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
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