THE MINING POD: CoreWeave / Core Scientific’s $9B Deal, IREN’s Blackwell Buy, Bit Digital’s ETH Treasury

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CoinDesk

News, Daily News, Tech News, Business News

4.7 • 698 Ratings

🗓️ 11 July 2025

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On this week’s roundup, we touch on the CoreWeave and Core Scientific acquisition, IREN’s new AI GPUs, and more. Get the headlines that matter, right when they hit the wire. Join our Telegram group for market moving news on top Bitcoin equities like $MSTR, $MARA, $RIOT, $CLSK, and more: https://t.me/blockspacenews FILL OUT THE SURVEY BY CLICKING HERE Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technology joins us to discuss CoreWeave's $9 billion acquisition of Core Scientific, IREN’s $130 million Nvidia GPU purchase, hashprice hitting $60 for the first time since February, summer hashrate curtailment, and why transaction fees are so low. Plus, why Bit Digital and BIT Mining are becoming altcoin treasury companies. Subscribe to our newsletter! **Notes:** • CoreWeave to acquire Core Scientific for ~$9 billion • Hash price reaches $60 per terahash per day • Bitcoin fees in sats/vb lowest since March 2012 • IREN purchases 2,400 Nvidia Blackwell GPUs • Difficulty adjustment expected +7.3% • Bit Digital pivots to Ethereum treasury Timestamps: 00:00 Start 01:50 Difficulty Report by Luxor 06:00 CRWV < > CORZ deal 15:20 Fractal Bitcoin 16:00 IREN Blackwell purchase 22:14 Transaction update, 26:04 Hashrate Futures contracts 35:52 Bit Digital/BIT Mining Pivots 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 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. 👉 Colorado Air Filter, Leaders In Mining HVAC Solutions! Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact sales@coloradoairfilter.com 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! 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	Hey everyone, Colin here.
0:02.0	We're running a short survey to get better information on who listens to the show.
0:06.0	And we're giving away free block space gear if you fill it out.
0:09.0	If you find value in our shows or listen consistently, you can do me a huge favor and fill out the form.
0:14.0	It takes about 30 seconds and helps me and the block space team keep the show running.
0:18.0	You can find a link to the survey in the show notes.
0:20.0	Thanks.
0:21.4	What's up, y'all? Welcome back to the mining pot, news roundup edition. You've got the
0:25.4	usual cast of characters and special guest, Ben, Harper, of Luxor Technology. Ben, thank you for
0:31.6	joining us today. How you doing, sir? Doing great. Thanks for having me, guys. Yeah, absolutely.
0:36.0	We will have been sitting in on some of the stories today.
0:38.3	We will also be grilling him about what's going on, or rather what is not going on in the Mimpole with transaction fees.
0:44.6	And also taking a look at what hash price traders are looking at with regards to curtailment as we enter the hottest window in the U.S.
0:51.6	Today's show is brought to you by Fractal Bitcoin, but we'll learn more about them later in the U.S. Today's show is brought to you by Fractal Bitcoin, but we'll learn more about them later
0:55.4	in the show.
0:56.1	For now, let's get right into it.
0:58.8	I want to take a second and talk about Colorado Air Filter, a new sponsor for the mining
1:02.3	pod and a major supplier of air filtration systems for Bitcoin mining sites.
1:06.4	Colorado Air Filter is currently running a summer sale on their inventory.
1:09.2	From Mervate, pleats to Hephafil filters, shipments and installations, containers to retrofitted buildings.
1:14.2	Colorado Air Filter has it all. Here's what one recent major minor had to say about working
1:18.4	with Colorado Air Filter. Working with Keith and Colorado Air Filter has been a seamless experience
	...

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