THE MINING POD: BlackRock’s $2B Mining Holdings, BitFuFu’s $20.4M Buy, BTC Mining’s Economic Impact, and Milei’s Scamcoin

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Tech News, Business News, Daily News, News

4.7 • 698 Ratings

🗓️ 21 February 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

How much of the mining market does BlackRock own, and why did Argentinian President Javier Milei endorse a memecoin? You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 8,000 Bitcoiners: https://newsletter.blockspacemedia.com Want to mine Bitcoin? Check out the Blockspace Media store today! Welcome back to The Mining Pod! For this week’s news round, the boys are back, and they came with receipts on the billions of dollars institutions have invested in public bitcoin miners. Plus, BitFuFu is expanding its presence in the United States with a $20.4 million deal for an Oklahoma bitcoin mine, and Core Scientific could be altering its AI/HPC strategy with an acquisition of its own. The Texas Blockchain Council also has a report for us on just how many jobs bitcoin mining has created in the U.S.A. And for this week’s cry corner, why Argentina's President Javier Milei is staring down the barrel of impeachment after his involvement with a memecoin rugpull. Notes: Hash price at $55/TH/day Expected -2.47% difficulty adjustment BlackRock, Vanguard own ~$4B worth of bitcoin miners BitFuFu is buying a 51 MW OK mine for $20.4M Texas mining: $4.23B economic impact Core Scientific: $400M Alabama investment Timestamps: 00:00 Start 01:30 Difficulty report 05:18 Institutions own 40% of mining stocks 11:34 BitFuFu 19:55 Bitcoin Mining Adds 31k Jobs to US 26:10 Core buying an AI data center? 32:46 Cry Corner: Got them LIBRA blues 👉 CleanSpark (CLSK), America’s Bitcoin Miner! Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/! 👉 Digital Shovel, All Things Crypto Mining! Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com 👉 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. 👉 Nicehash, Hashrate, Bitcoin payments and mining! NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform. 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

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0:00.0	Hey, welcome back to the mining pod. This is your news roundup. Just Colin and myself will this week for you guys.
0:06.4	We're going to be hidden the Bitcoin mining news. Not a ton this week, Colin, but that's okay.
0:12.5	There's still things to talk about, especially the cry corner is going to be particularly juicy this week.
0:17.6	So stick around for that. At the end of the podcast.
0:23.4	Spicy, icy cry corner.
0:26.5	But first, a word from our sponsors.
0:30.5	Are you retail or institutional investor interested in Bitcoin mining companies?
0:37.0	The Miner Mag brings you free data and analysis from all major NASDAQ listed Bitcoin mining operations to know who stands out.
0:37.9	Check out visualized metrics and data-dependent stories at theminermag.com. Today's show is brought to you by
0:43.8	Digital Shubble. Digital Shubble is a leading manufacturer of modular mining pods as well as PDUs and
0:49.5	switch gears. Unlike many other competitors, their product is designed to manufacture in North America
0:54.4	with a complete UL inspection on the entire unit, not just individual components.
0:59.6	Additionally, Digital Shovel is one of the most vertically integrated manufacturers.
1:03.6	Of over 75,000 square feet of sheet metal shop, SMT and wave solder PCB assembly, as well as
1:10.1	final assembly all under one roof in Toronto, Canada.
1:13.2	Their price point leads the industry when compared to products with rates as low as $69,000 per megawatt for a complete data center with smart PDUs and switch gears.
1:21.4	To learn more, visit DigitalShubble.com.
1:27.6	Okay.
1:29.0	As always, we got to get into our review of the Mempool brought to us by Luxor technology.
1:35.8	Colin, take it away.
1:36.7	Yeah, so a little bit of hopium, a little bit of tears on the hash rate index data page.
1:43.9	Hash price is at a cool $55 per
	...

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