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CoinDesk Podcast Network

THE MINING POD: Bitdeer’s Power Plant, Trump’s ETFs, Softbank’s $50m Cipher Bet, and Nebraska’s Mining Tax

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 7 February 2025

⏱️ 41 minutes

🧾️ Download transcript

Summary

On this week’s news roundup, Bitdeer’s acquiring rights for a 101 MW power plant and Trump wants to launch a BTC ETF.  Welcome back to The Mining Pod! Colin, Will, and Matt are back at it this week with a packed docket of news. Bitdeer has acquired the rights for a $90 million, 101 MW natural gas power plant in Alberta in a bid to become even more vertically integrated, and Cipher cashes in on Project Stargate with a $50 million investment from Softbank. Plus, two cheers for taxation (but not actually): Russia has codified a tax code for bitcoin miners, and a Nebraska Senator introduces a bill for a $0.025 per kw excise tax on bitcoin miners. For our last news item, Trump wants to launch bitcoin ETFs, because memecoins just weren’t sophisticated enough. And for this week’s cry corner, why Ethereum is no longer deflationary and what a croissant can tell us about the future of ETH issuance (seriously).  Subscribe to the newsletter! https://newsletter.blockspacemedia.com Timestamps: 00:00 Start 02:21 Difficulty report 05:03 Bitdeer Power Plant 11:32 Softbank invests $50m in Cipher 16:18 Russian miners reporting & taxes 22:20 Nebraska rate hike 28:17 Bitcoin Plus ETF 32:20 Cry corner: uLTrA SOunD MooONeeY 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!  👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media! 👉 Check out Bitcoin Season 2 and The Gwart Show! Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And Luxor Tech, Leaders In Bitcoin Mining and Compute Power! "The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0

What's up, y'all? Welcome back to the mining pod for this week's News Roundup edition.

0:04.9

Will, Matt, the gang's all here. How are y'all doing?

0:08.1

We've got the full crew. Let's go.

0:10.0

Full crew. And we've got a pretty full lineup today. So we're going to be talking about Bit Deer and their aspirations to build a power plant after a $21 million acquisition.

0:21.3

SoftBank cashing in on a little bit of Project Stargate ostensibly.

0:25.9

Some regulation for Russian miners following a lot of the crackdowns, if you can say, in that region.

0:34.6

Potential rate hike in Nebraska with a bill that is being proposed for Bitcoin miners

0:40.0

and Trump's Bitcoin Plus ETF plus Ethereum ain't so ultrasound anymore, everybody.

0:47.0

But before we hop into it, a word from our wonderful sponsors.

0:50.8

Are you a retail or institutional investor interested in Bitcoin mining companies?

0:55.0

The Miner Mag brings you free data and analysis from all major NASDAQ listed Bitcoin mining operations

1:00.0

to know who stands out.

1:01.0

Check out visualized metrics and data-dependent stories at theminermag.com.

1:08.0

In the competitive world of Bitcoin mining, one name stands out, CleanSpark, America's Bitcoin miner.

1:15.5

At CleanSpark, efficiency isn't just a goal. It's our standard.

1:20.5

Our sophisticated facilities are built and led by expert teams who care about Bitcoin and the communities we work in.

1:28.3

Scale.

1:30.3

We've mastered it.

1:31.3

Our large-skill operations have set us apart in the industry as examples of community-oriented building.

1:38.3

Our track record speaks for itself.

1:41.3

We navigate the complexities of the new economy with precision and with

1:45.5

skill continuously achieving operational milestones. Curious about how we do it, we invite you to

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