THE MINING POD: China Mining Crackdown, Hut 8’s $7B Fluidstack Deal, CoreWeave Site Delays
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 19 December 2025
⏱️ 44 minutes
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| 0:00.0 | You can draw a straight line from the China mining ban to the AI revamps. |
| 0:04.9 | I think that's pretty amazing. |
| 0:06.6 | China bans Bitcoin mining, hash rate reshors to the U.S., you have this proliferation |
| 0:11.8 | of publicly traded Bitcoin miners that honestly most of them had no business going public. |
| 0:16.5 | It was a total momentum trade. |
| 0:18.2 | It's a terrible business. |
| 0:19.5 | If you're investing in it long term for a public |
| 0:21.6 | company, you're going to just get farmed and diluted, right, by some of the largest companies |
| 0:27.0 | in the cohort. But then suddenly these miners had more power assets than anyone else in the US |
| 0:32.5 | almost, and now they have prime real estate for some of these AI builds. I mean, Chokh one up |
| 0:37.1 | to the butterfly |
| 0:37.7 | effect. That's a pretty incredible secondary effect from China's mining ban. This week in Bitcoin |
| 0:45.0 | mining news, China bans mining again? Plus, HUD-8 scores a hyperscalor tenant and some project |
| 0:52.3 | and financing delays for some of 2025's AI darlings. |
| 0:56.2 | You're listening to the mining pod brought to you by CleanSpark, and for today's show, |
| 1:00.2 | we dive into a crackdown on Bitcoin mining in Jinjiang. |
| 1:03.6 | We touch on HUD-Aid's fluid stack deal, which mirrors some of the others we've seen with |
| 1:07.6 | cohorts in the Bitcoin mining industry. |
| 1:10.0 | We also touch on project delays |
| 1:12.3 | at the Denton, Texas facility that Core Scientific is building out for Corweave. And we also have a |
| 1:18.4 | story on how Blue Owl is bowing out of financing Oracle's latest data center in Saline, Michigan. |
| 1:25.4 | And to close the show in lieu of a cry corner, we have Brady Daylon to talk about his |
... |
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