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Welcome to The Mining Pod News Roundup! The gang breaks down Tether’s latest foray into the bitcoin mining sector as it seeks a $25M stake in AntAlpha, Galaxy’s CoreWeave deal expanding to a total of 393MW, and the dramatic impact of the 2024 halving one year later. Plus, they dive into Cambridge’s latest report showing Bitcoin uses 0.5% of total global electricity, and for this week’s cry corner: the contentious proposal to abolish the OP_RETURN data limit.
# Notes:
– Bitcoin price approaching $97,000
– 100 EH/s hash rate disappeared recently
– 40% difficulty increase post-halving
– Tether eyeing $25M stake in Ant Alpha IPO
– Galaxy secured additional 260MW from Helios
– Bitcoin uses 0.5% of total global electricity
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“The Mining Pod” is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
