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CoinDesk Podcast Network

Blockspace: IREN's 800MW in Australia, Zcash bug, and Google upscales to $84b

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 4 June 2026

⏱️ 53 minutes

🧾️ Download transcript

Summary

Charlie and Will break down the crash of Michael Saylor’s STRC, IREN's massive 800MW deal in Australia, a critical Zcash soundness bug, Google’s massive $80B equity raise for AI, and why Joe Wiesenthal calls this the coldest crypto winter ever. Janusz, former engineer at Electric Coin Company, joins us to talk about a potential Zcash soundness bug and the trade-offs of privacy versus auditability. Plus, Charlie and Will dive into Michael Saylor's STRC asset crash, IREN’s massive 800MW data center agreement in Australia, Google's unprecedented $80B equity upsize for AI infrastructure, and why the Texas grid is moving away from the 4CP mechanism. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Saylor's STRC credit dropped 5% to $94. * IREN’s total power pipeline exceeds 5GW. * Zcash Orchard pool holds 4.5M locked tokens. Timestamps: 00:00 Start 02:07 STRC down bad 05:03 IREN back to the AUS 13:37 Zcash bug with Janusz 28:20 Google upsizes deal 31:50 Jeff Park tweet 41:15 Joe Weisenthal thread 46:56 ERCOT & 4CP Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Download here: https://megawattreport.com/ Subscribe to our newsletter to receive updates for all of our shows and content: https://newsletter.blockspacemedia.com 👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success. 👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor! 👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.

Transcript

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0:00.0

Welcome back to Blockspace Live.

0:07.4

You got Charlie and Will this time.

0:09.9

Collins traveling across the country on a secret block space mission.

0:14.1

We have a banger of a show today.

0:17.2

We're going to kick off monitoring the stretch situation.

0:20.8

It appears to be crashing. Then we're going to kick off monitoring the stretch situation. It appears to be crashing. Then we're

0:24.0

going to talk about iron, inking an 800-magawatt transmission connection agreement in Australia,

0:30.1

going back to their homeland. We got Zcash. Zcash is ripping, but we have some cold water

0:36.2

to throw on it.

0:41.2

And Google was not done raising.

0:42.8

They actually upsize it. We'll talk about that.

0:44.1

And is this the coldest crypto winter ever?

0:46.5

Joe Wisenhall from Bloomberg thinks so.

0:49.0

We're going to talk about that.

0:52.5

Blackspace go live on Wednesdays on weekdays at 1 p.m. Eastern featuring quick hits on the latest in Bitcoin mining AI and emerging tech, rather AI emerging tech and maybe a little Bitcoin sprinkled in.

1:04.7

This is a podcast. If you are listening live, that's great. But if you're trying to catch it later, we turn to a podcast

1:11.8

shortly after you can find that wherever podcasts are streamed. Will?

1:17.6

Coin desk as well. We're leaving the Coin desk network here shortly. So if you listen to us

1:22.8

on Coin desk, where I've enjoyed listening to us on Coin desk in the past, you're listening to it

1:26.8

right now. Be sure to go to your Spotify, your Apple, or wherever else you listen to podcasts and search

1:33.2

for Blockspace and add us.

1:36.4

Make sure to give us that five-star review and then hit that bell notification so you can

...

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