ABTC Investor Unlock, IREN’s $3.6B Capital Raise, Greenidge’s Fire and Land Sale

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Welcome back to The Mining Pod! Today, Colin, Charlie, and Matt break down yet another brutal week for miners. We analyze why ABTC shares tanked 39% following a share unlock and look at IREN’s aggressive $3.6B capital raise. The team also covers Greenidge’s Dresden, NY fire and SC land sale. Finally, we debate the Zcash Foundation’s legal threats and just how private and cypherpunk Zcash is. 

**Notes:**

-ABTC shares plunged 39% on Tuesday

-Hashprice dropped below $40/PH/day

-IREN pricing $3.63B in notes/equity

-Avg network efficiency: 32 J/TH (CoinMetrics)

-Greenidge sells 60MW power rights, land

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