Welcome to The Mining Pod! This week, we dive into Bitcoin’s difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze Core Weave’s IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe’s mining operations exit to NYDIG, Riot’s $185M offer for Rhodium’s Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions. Join us for expert analysis on the evolving mining and AI compute landscapes.
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Notes:
– Difficulty adjustment estimated at 5.6%
– Hash prices at $48.63 per hash per day
– Network hash rate approaching 850 EH/s
– Core Weave IPO reduced to $1.5B from $4B
– Riot offering $185M for Rhodium assets
– Crusoe selling all mining operations to NYDIG
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“The Mining Pod” is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
