THE MINING POD: Cango, Halliburton’s Bitcoin Mining Play, Rhodium Lawsuit, and Strategic BTC Reserve

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News, Tech News, Daily News, Business News

4.7 • 698 Ratings

🗓️ 20 December 2024

⏱️ 47 minutes

🔗️ Recording | iTunes | RSS

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Summary

For today’s roundup, the guys cover Cango, Halliburton’s bitcoin mining investment, an investor lawsuit against Rhodium, and more. Welcome back to The Mining Pod! For today’s roundup, the Blockspace boys cover Cango, the largest public bitcoin miner that you’ve never heard of, and they dig into breaking news of oil and gas giant Halliburton investing in Bitcoin mining. Plus, an investor lawsuit against Rhodium, MARA and Hut 8’s bitcoin buys after issuing convertible notes, and in this episode’s cry corner, Bitcoin Twitter’s favorite squabble this week: the Strategic Bitcoin Reserve. Timestamps: 00:00 Start 03:24 Difficulty update 07:01 Cangoooooooo 16:25 Halliburton mining bitcoin? 24:05 Miners & debt instruments 31:17 Rhodium sued for fraud 37:04 Cry corner: Bitcoin strategic reserve 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

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0:00.0	What's going on, y'all? Welcome back to the mining pod for this week's news roundup.
0:04.4	You've got the trio here, Colin, Charlie, and Will.
0:08.1	Fellas, how are we doing on the eve of Christmas week?
0:11.8	I miss Matthew.
0:13.3	I miss that too, but I will be here instead.
0:16.7	I don't know. I'm getting jerked around here because we just hit 100K and then we go back down under 100K and they go over under K.
0:23.6	So how many bottles of champagne do I have to pop?
0:26.2	Please pick a side.
0:27.6	Well, I don't know.
0:28.1	You're the one getting jerked around.
0:29.5	So you tell us how many you need to pop.
0:31.0	I don't know.
0:31.7	I just wanted to stop.
0:32.6	Pick a direction, guys.
0:33.8	ETF, either buy or sell, please. Yeah, a quick kind of micro flash news item, Bitcoin retreating from 107K to 98K on the eve
0:44.8	or the day after the Federal Reserve meeting where Jerome Powell said that we are not going
0:52.2	to increase rates potentially in January and the market freaked out. We're not going to lower rates potentially in January, and the market freaked
0:55.2	out. We're not going to lower rates in January, and the market freaked out. It's funny. I actually
0:59.3	saw a coin desk headline from Omkar Godbold, their market analyst, saying that the Fed is now
1:04.9	hawkish because of this. And I find that really funny, because it's like you're just pausing
1:09.6	anything. You're not actually increasing
1:11.4	rates this is where we're at the fed is hawkish when they decide they're just going to sit on their
	...

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