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CoinDesk Podcast Network

THE MINING POD: ICE Raids BTC Mine, EOY Hashrate Forecast, Core Scientific CRWV Vote, Tether’s BTC Holdings

CoinDesk Podcast Network

CoinDesk

News, Tech News, Daily News, Business News

4.7698 Ratings

🗓️ 3 October 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

ICE raided an ASIC repair shop this week, and a look into the crystal ball for Bitcoin’s hashrate at the end of the year.Click Here To Join the BitAxe Giveaway! Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technologies joins us to talk about the brutal hash rate environment as hashrate surges past 1 zettahash. For news, we break down ICE's raid on a Bitcoin miner repair shop in Pyote, Texas, Core Scientific’s shareholder vote for the CoreWeave acquisition, and Tether's massive 86,000+ BTC treasury.  **Notes:** • Difficulty increased 6%, up 26% over 7 adjustments • Hashrate expected to reach 1.2 zeta by year-end • Core Scientific vote scheduled for October 30th • Tether holds 85,335 BTC worth $10.4 billion • ICE arrested 12-13 undocumented workers at TX ASIC repair shop Timestamps: 00:00 Start 04:27 Difficulty Update by Luxor 06:48 ICE raids ASIC repair shop 11:30 Hashrate Forwards 23:03 End of year Forward projections 25:41 Cleanspark Ad 26:10 Core Sci Update 28:44 Tether holds more BTC than you think 👉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

Click on a timestamp to play from that location

0:00.0

This week in Bitcoin Mining News, the Immigration and Customs Enforcement Agency raids an ASIC

0:04.7

minor repair shop at a Bitcoin mine in Paiote, Texas. You heard that right. Ice raided an ASIC

0:10.4

minor repair shop in Texas and arrested roughly half of its staff because they were undocumented.

0:16.0

This is the mining pod brought to you by CleanSpark and a quick reminder to please fill out.

0:20.5

We surveyed below to enter for a chance to win a quick reminder to please fill out. We surveyed below

0:21.4

to enter for a chance to win a bid acts in one of our giveaways. All right. And for the rest of

0:26.8

the roundup, in addition to the Ice Story, we've also got a hash rate market update from Ben

0:31.1

Harper at Luxter. We're going to be looking at their forward market and doing some

0:34.6

projections for hash rate and hash price to close out the year. We also take a look at some news for core scientific's shareholder vote for the

0:41.6

core we've acquisition and one investor putting pressure on other investors to vote.

0:45.6

Also, how much Bitcoin tether holds?

0:49.6

Their corporate treasury might shock you.

0:51.6

Guys, there is a serious problem right now in Bitcoin mining, and we need to talk about it.

0:56.0

You need to pay attention to this.

0:57.7

Bitcoin miners are identifying as AI companies, and people keep mis-sectoring them because

1:03.3

they say, well, look, your infrastructure is clearly for Bitcoin mining.

1:07.1

What do you want me to do about it?

1:08.5

I'm going to tell you what you need to do.

1:10.4

You need to call F-box, the leading digital infrastructure company with all encompassing

1:16.3

cooling solutions.

1:17.7

FBOX designs industry leading air, hydro, and emerging cooling systems for Bitcoin mining

1:22.1

and AI and HBC data centers.

...

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