THE MINING POD: Compute North Lawsuit, Phoenix Group’s 50 MW Site, Canaan’s Nano 3S and Avalon Mini 3
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 10 January 2025
⏱️ 49 minutes
🧾️ Download transcript
Summary
We cover the Compute North creditor lawsuit, Phoenix Group’s new 50 MW North Dakota site, and Canaan’s Nano 3S and Avalon Mining 3 in today’s news roundup.
Welcome back to The Mining Pod! For today’s news roundup, Will, Colin, and Matt are joined by Luxor CEO, Nick Hansen. The gang covers news that Blockspace broke this week pertaining to a creditor lawsuit against former executives of defunct Compute North, the erstwhile bitcoin mining hosting titan that went bankrupt in 2022. Plus, Phoenix Group’s 50 MW bitcoin mine in North Dakota, a 2024 bitcoin mining market review from Nick, and Canaan’s new home mining heater series with the Nano 3S and Avalon Mini 3. And for this week’s cry corner, popular Ethereum browser wallet Metamask is adding support for…Bitcoin?
Timestamps:
00:00 Start
02:19 Difficulty report
07:32 Creditors sue Compute North
16:30 Phoenix 50MW North Dakota site
27:18 Yearly overview
31:15 Canaan Nano 3 home heater
40:13 Cry corner: Metamask seeks Bitcoin product manager
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!
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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
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Transcript
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| 0:49.7 | What's going on, y'all? Welcome back to the Mining Pod News Roundup. We've got the usual gang here, |
| 0:55.5 | myself Will Foxley, Matt Kimmel, and a new addition to the show, Nick Hanson, CEO of Luxor. |
| 1:03.0 | Nick or another member of the Luxor team will be joining us twice a month to go over some data |
| 1:08.8 | that they're seeing on their side, adding a new segment to the Roundup. |
| 1:12.6 | But for today's show, we've got a bunch of different news items to get through. |
| 1:18.7 | Some more interesting than others. |
| 1:21.2 | We'll be starting. |
| 1:21.9 | Don't sell ourselves short. |
| 1:23.9 | These are all great items. |
| 1:25.9 | Yeah. |
| 1:26.3 | I mean, you know, we couldn't talk about a fire in Iowa because we don't have the time. |
| 1:31.9 | That was kind of a boring one. |
... |
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