Hut 8 Eyes 500MW Site, MSCI Keeps MSTR, Florida Revisits a BTC Reserve

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Welcome back to The Blockspace Podcast! Today, Colin and Charlie give a temperature check on bitcoin mining stats, highlighting stats that show non-monetary transactions currently account for nearly 50% of all Bitcoin transactions. We also dig into Hut 8’s plans for a 500 MW data center in Illinois, the latest hiring spree at Cipher Mining, Riot’s updated compensation plan as they expand into AI, and MSCI’s decision to keep Strategy (MSTR) in its indices. Finally, for this week’s cry corner, Florida’s renewed attempt at a Strategic Bitcoin Reserve. 

Notes:

* Runes: 6.1M txs, 42% of volume last month

* Hash price: $39/PH/day, fees near zero

* Hut 8: 500MW, $4-5B site in Logan County, IL, pending zoning approval

* Difficulty: 4 negative adjustments out of last 5

* Riot: Jason Chung in as CFO

*Florida makes a second attempt at a strategic bitcoin reserve

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Published twice weekly, “The Blockspace 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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