THE MINING POD: Oct Miner Updates, MARA M&A, Mining in Ethiopia, and Block’s Proto ASIC
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 15 November 2024
⏱️ 46 minutes
🧾️ Download transcript
Summary
Welcome back to The Mining Pod! Colin, Will, and Matt are back with this week’s meatiest mining headlines. October updates are in for public bitcoin miners, so the gang covers the highs (and lows) of the first month of Q4. They also cover MARA’s 8-figure acquisition of three mining sites in Ohio. Plus, an update on Bitcoin mining in Ethiopia, which is reportedly netting the country’s power authority ~$55 million in business with roughly 2-3% of the Bitcoin network’s hashrate in the country. And for the final news item, an update from Block’s Proto team on its forthcoming bitcoin mining ASIC – oh, and this week’s cry corner, in which *checks notes* legacy media pundits are still comparing Bitcoin to the dot com bubble’s defunct early movers…
Timestamps:
00:00 Start
01:24 Difficulty update
06:12 Public miner October updates
14:37 MARA adds 122 megawatts
19:52 Ethiopia earns $55M
27:28 Block’s new ASIC
37:33 Cry Corner: Bitcoin is not a dot com bubble stock
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Transcript
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| 0:49.7 | What's up, y'all? Welcome back to the mining pod. We got another news roundup today. It's your boys, Colin |
| 0:55.8 | Harper, Will Foxley, Matt Kimwell, fellas. Hard not to be energetic this week. Just kind of crazy. Bitcoin |
| 1:02.2 | ripping past all-time high after all-time high, taking a break right now. But we don't talk about |
| 1:07.6 | price on the show, as Will always likes to remind us. |
| 1:11.9 | Well, we do talk about that. |
| 1:13.8 | Unless it's hash price. |
| 1:19.6 | We do like to talk about a little bit of mining news, a little bit of network data. |
| 1:24.6 | So per usual, we're going to have the Matt Kimmel go over a difficulty update for us. Then we're going to hop into some news on October updates for public miners that we |
| 1:28.7 | published on Blockspace this week. |
| 1:30.7 | News of Mara adding 220 megawatts to its portfolio with acquisitions in Ohio. |
| 1:37.5 | We're going to talk about some of the mining that's going on in Ethiopia and Bitfou's |
| 1:42.2 | recent raise. |
... |
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