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Welcome back to The Mining Pod! Today, Colin and Will break down CoreWeave’s meteoric rise to a $75+ billion valuation and why Bitcoin miners like Core Scientific, Galaxy Digital, and Applied Digital are all racing to partner with AI cloud providers. We explore CoreWeave’s neocloud business model, GPU economics vs bitcoin mining profitability, and what this means for the future of the mining industry.
**Notes:**
• CoreWeave valued at $75B+ (12x revenue multiple)
• 72% of Q1 revenue came from Microsoft/OpenAI
• CoreWeave manages 250,000+ GPUs globally
• $15B+ in contracted revenue secured
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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!
