Click Here To Join the BitAxe Giveaway!
Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technologies joins us to talk about the brutal hash rate environment as hashrate surges past 1 zettahash. For news, we break down ICE’s raid on a Bitcoin miner repair shop in Pyote, Texas, Core Scientific’s shareholder vote for the CoreWeave acquisition, and Tether’s massive 86,000+ BTC treasury.
Notes:
• Bitcoin hashrate officially crossed 1 zettahash
• ASIC manufacturers capture 35-40% of mining revenue
• $19B+ annual Bitcoin mining revenue potential
• Bitfarms stock rose 138% in one week
• Bitdeer using TSMC for competitive advantage
• HPC deals 2-5x more profitable than mining
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