THE MINING POD: CoreWeave's $23B IPO, Crusoe Ditches Bitcoin Mining, and Riot's Bid For Rockdale Assets
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 28 March 2025
⏱️ 30 minutes
🧾️ Download transcript
Summary
All your Bitcoin mining news from this week, in 30 minutes or less! Including CoreWeave’s downgraded IPO, Crusoe selling assets to NYDIG plus Riot bidding for Rhodium’s mining assets!
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Welcome to The Mining Pod! This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze Core Weave's IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe's mining operations exit to NYDIG, Riot's $185M offer for Rhodium's Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions. Join us for expert analysis on the evolving mining and AI compute landscapes.
# Notes:
- Difficulty adjustment estimated at 5.6%
- Hash prices at $48.63 per hash per day
- Network hash rate approaching 850 EH/s
- Core Weave IPO reduced to $1.5B from $4B
- Riot offering $185M for Rhodium assets
- Crusoe selling all mining operations to NYDIG
Timestamps:
00:00 Start
02:16 Hashrate Forecast
04:56 What’s up with CoreWeave?
06:31 Kramer video
17:38 Crusoe Sells Assets to NYDIG
21:52 Riot and Rockdale
25:37 Cry Corner: CATS, Wizards vs Ocean
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Transcript
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| 0:49.7 | Hey, welcome back to the mining pod. Colin has a different colored shirt on today, so that's big |
| 0:54.1 | news for us on the News Roundup. |
| 0:56.5 | I do shower everyone. Just want everyone to know that. |
| 0:59.2 | We chose yellow over orange today. So no Bitcoin Orange. But we have many things to talk about on this week's News Roundup, including lots of fun, GPU markets, CoreWeave. We're going to move over to talk about Crusoe and the Nighting Deal. |
| 1:13.9 | Then we're going to move over to Riot and Rhodium, figuring out their long-term dispute over assets at Rockdale. |
| 1:20.5 | And finish with perhaps the best cry corner we have ever had involving the Tapper Wizards and ocean mining quite good. So you're |
| 1:29.7 | going to want to stick around for that one at the end of the show. But of course, a few words from our |
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... |
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