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Welcome back to The Mining Pod! Today, Ethan Vera, COO of Luxor, joins us as we dive into Whatsminer’s M70 launching into a challenging ASIC market, IREN’s $2.3 billion convertible note offering, the precarious state of hashprice, Luxor’s new GPU hardware sales business, the staggering 270% leap in ERCOT interconnection requests, and the controversial Cat bitcoin fork proposal aimed at filtering ordinals / inscriptions.
**Notes:**
– Hash price is below $40 per second
– Three negative difficulty adjustments
– Ercot requests leaped 270% in 2025
– 73% of requests from data centers
– IREN raised $2.3B in convertible notes
– M70 efficiency: 12.5 J/TH
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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!
