THE MINING POD: CoreWeave-Core Scientific Deal Fails, CleanSpark Eyes 285 MW AI Site, TeraWulf’s $9.5B Fluidstack Deal

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4.8 • 689 Ratings

🗓️ 31 October 2025

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

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Summary

Core Scientific shareholders voted no on CoreWeave’s $9 billion acquisition proposal, and CleanSpark acquired a Texas site for a 285 MW AI site. Subscribe to the Blockspace newsletter for market-making news as it hits the wire! Welcome back to The Mining Pod! For this week’s roundup, we break down Core Scientific shareholders voting NO on the $9B CoreWeave acquisition, CleanSpark's plans for a new 285 megawatt Texas site for AI workloads, and TeraWulf's record 25-year contract with FluidStack. Plus, Ethan Vera from Luxor joins to analyze the ASIC market and where hash rate growth is really coming from. And for this week’s cry corner, why the filter soft fork is doomed to fail. Notes: • Core Scientific shareholders rejected CoreWeave deal • Hashprice dropped to $43.73 per petahash daily • Difficulty adjusted upward 6.3% • Hashrate reached 1.1 zettahash on 7-day average • CleanSpark acquired Texas site with 300 MW pipeline • TeraWulf signed 25-year deal with FluidStack Timestamps: 00:00 Start 02:09 Difficulty Report by Luxor 07:47 ASIC market update 12:01 CORZ deal fails 22:14 CleanSpark data center acquisition 27:51 WULF $9.5B FS extension 33:36 Cry Corner: Fork time? 👉CleanSpark, America's Bitcoin Miner! CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world. 👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute. 👉 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. 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!

Transcript

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0:00.0	Core scientific shareholders vote no deal on the proposed core weave acquisition this week,
0:06.5	an expected but nonetheless groundbreaking development for what was gearing up to be the biggest
0:11.6	data center M&A of the year, at least for Bitcoin miners. You're listening to the mining pod
0:16.8	brought to you by CleanSpark, and in this week's news roundup, we break down the core
0:20.9	scientific vote that went no for the CoreWeave deal. We also talk about CleanSpark's latest
0:26.4	acquisition for a site in Texas with a nearly 300 megawatt power pipeline for its AI
0:32.8	aspirations. We look at Terowulf's latest deal with FluidStack, a 25-year deal, the longest duration that I know of for one of these AI acquisition or for one of these AI deals for a Bitcoin miner.
0:44.5	And for this week's Cry Corner, we have a look at a proposed soft fork for Bitcoin, which I don't think anyone's going to support.
0:52.7	And we also have Ethan Vera from Luxor on today to talk about the ASIC market. So stay tuned. This is a great one. We start with the ASIC market. And then we hop right into the hottest news, the core scientific deal falling through. So stay tuned for that one. Y'all are listening to the mining pod. Guys, there is a serious problem right now
1:11.5	on Bitcoin mining and we need to talk about it. You need to pay attention to this. Bitcoin miners
1:16.1	are identifying as AI companies and people keep mis-sectoring them because they say, well, look,
1:22.3	your infrastructure is clearly for Bitcoin mining. What do you want me to do about it? I'm going to
1:26.5	tell you what you need to do. You need to call FBOX, the leading digital infrastructure company with all-encompassing
1:33.9	cooling solutions. F-box designs industry-leading, air, hydro, and emerging cooling systems for Bitcoin
1:39.5	mining and AI and HBC data centers. I want to highlight that. If you're a Bitcoin miner who
1:43.7	needs to bridge the gap,
1:44.9	if you're pivoting or doing hybrid operations,
1:47.5	they can build cooling solutions and infrastructure
1:50.0	for both your Bitcoin mining
1:51.2	and your AI and HBC operations.
1:54.3	And they have an in-house API that lets you monitor it
1:56.9	from the web or on mobile.
	...

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