THE MINING POD: A $2.7 Million Mining Heist, Tariffs For Miners and Top 5 Mining Historical Moments

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 25 April 2025

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

South American gangs with Bitcoin miners? That’s right! This and top 5 historical moments in Bitcoin you should know about! FILL OUT THE MINING POD SURVEY BY CLICKING HERE Welcome to The Mining Pod! In this episode, the team discusses recent Bitcoin mining trends including a projected 8% difficulty decrease, fee revenue rebounding to 3.3% of block rewards, and major loans from Coinbase and Matrixport to miners amid ATM market hesitancy. They analyze the curious case of $2.7M in stolen Bitcoin miners (many outdated S9s) intercepted at LAX, customs control gaming allegations, and tariff implications for ASIC importation. The highlight is a lively debate on the top 5 moments in Bitcoin mining history, with strong disagreements about whether mining pools deserve a spot! Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: • Bitcoin hash rate down ~100 EH/s from April peak • Transaction fees rebounding to 3.3% of block rewards • $2.7M in stolen ASIC miners intercepted at LAX • AnAlpha IPO filing with 1.63B in outstanding loans • ASIC miners classified under tariff code 8543 • AnAlpha's US customer base dropped from 25% to 6.9% Timestamps: 00:00 Start 00:13 Luxor Difficulty Report 06:21 LAPD Finds Millions in Stolen S9s 08:37 Sneaking ASICs into the US? 12:19 Tariffs again.... 15:35 Fractal Bitcoin 16:11 Top 5 Bitcoin Mining Moments in History 31:26 Antalpha’s IPO 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! 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 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! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	Hey, welcome back to the mining pod. This is your news roundup brought to you by fractal Bitcoin.
0:05.1	We'll be right into it with all the mining headlines from this week afterward from our sponsors.
0:13.2	Okay, we're back into it and we're always starting off with our hash right index update.
0:18.9	Mr. Difficulty Weatherman, Matthew Matthew what are we seeing this week really do
0:24.2	that you usually open up the show with like hey guys how's it going have you been this this week
0:29.3	we're just we're getting right into the forecast we chatted before this yeah we we
0:35.9	we're chatted uh audience doesn't care anymore.
0:39.3	They're tired of it.
0:41.3	In an odd turn of events, we have half price increasing, yet expecting a major difficulty
0:49.3	decrease.
0:51.3	Maybe this is because we've had just an onward march of difficulty increases coming about.
0:58.3	Although, let's see, how we are only 35% of the way through the epochs.
1:03.4	So I honestly expect this to change quite a bit before the actual adjustment date, which right now is anticipated for May 4th.
1:16.3	Yeah, I mean,
1:17.9	there's some interesting stuff happened in the transaction fee market
1:21.5	that maybe you guys want to add some color on.
1:25.4	I wish Charlie was on to cover this.
1:28.3	Because I honestly, I don't know much about this.
1:30.7	So please inform me.
1:34.3	Will might have more to say.
1:35.4	It just seems like ordinal DGens being ordinal DGens.
1:38.5	And we're getting like a little bit of a pop.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CoinDesk, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CoinDesk and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.