THE MINING POD: Block’s New ASIC Miner With Core Scientific and Proto
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 3 December 2024
⏱️ 65 minutes
🧾️ Download transcript
Summary
Jack Dorsey’s Block is making a new Bitcoin ASIC, including a custom shipment of chips to Core Scientific. We dig into the new unit on an exclusive show with the team!
Welcome back to the Mining Pod! On today’s show, we have an exclusive with Proto and Core Scientific, who recently announced a collaboration on a new ASIC chip design. Core Scientific–one of the largest Bitcoin miners in the world–will be buying 15 EH/s of chips to make custom units. Meanwhile, Proto will be working on selling more chips and a custom form factor of its own.
Timestamps:
00:00 Start
03:20 Building hardware at Argo
03:48 Proto miner
05:36 Proto tools development
06:29 Intel chips
08:59 Why is Core Scientific interested in ASIC creation
13:34 Collaboration vs competition
16:06 Interacting with Bitcoin needs to be easier
17:59 Geopolitics
19:54 Having US built ASICs
22:33 Have ASICs gotten better?
25:01 Repairs
27:26 Upgrading rigs
30:09 Form factor changes
35:51 AI & mining
45:36 Is AI driving site design?
50:50 15 exahash or bust?
52:34 EPIC collaboration
56:50 Launch date?
57:28 Open market sales eventually?
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!
"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
Click on a timestamp to play from that location
| 0:00.0 | Hey, welcome back to the mining pot. On today's show, we're joined by Core Scientific and Proto. |
| 0:04.5 | Proto is a subdivision or an entity of Block, Jack Dorsey's bank, has a lot of Bitcoin focuses. |
| 0:11.3 | You might remember from last July where there was a press release from Core Scientific talking about them working with Proto and going to put out 15X a hash of new Bitcoin A6 based on Proto's new chip design. |
| 0:22.9 | Well, we got them here first. |
| 0:24.7 | Nice little exclusive on the mining pod. |
| 0:26.3 | Thank you to Proto and Core Scientific for making it possible. |
| 0:29.1 | In this show, we talk about Core Scientific's ambitions with this miner, how Proto is designing |
| 0:34.7 | the chips and the system entirely for different mining specific implementations |
| 0:40.6 | and also just like where this project is going to go over the next few years, who they want to |
| 0:45.3 | work with, why they want to work on this project, what's the ambitions for the proto side. |
| 0:49.9 | Thank you again to both of them for making this possible and thank you to Lee Bratcher and |
| 0:53.0 | the Texas Blockchain Council for also making this show possible. Be sure to go check out the North American |
| 0:58.9 | Blockchain Summit videos on YouTube. Okay, first to work from our sponsors and then we'll jump |
| 1:03.8 | right into the show. Are you retail or institutional investor interested in Bitcoin mining |
| 1:07.5 | companies? The miner mag brings you free data and analysis from all major NASDAQ listed Bitcoin mining operations to know who stands out. Check out visualized metrics |
| 1:15.7 | and data-dependent stories at theminermag.com. Thanks for listening to The Mining Pod. Want more? |
| 1:21.8 | Subscribe to our main feed on Apple, Spotify, YouTube, or wherever else you get your podcast for another |
| 1:27.2 | weekly show on Bitcoin stocks. |
| 1:29.1 | And check out our newsletter at miningpod.blocspace.media today. |
| 1:33.7 | Welcome back to the mining pod. We are doing a live show from Dallas, not in Austin. |
| 1:39.0 | I think I'm normally in Austin for live shows. |
| 1:41.3 | We got three gentlemen to talk about the new proto miner. |
... |
Please login to see the full transcript.
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.
Copyright © Tapesearch 2025.