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CoinDesk Podcast Network

THE MINING POD: Riot’s Short Report, CoreWeave’s $1 Billion Offer and BitDeer’s ASIC Play

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 7 June 2024

⏱️ 36 minutes

🧾️ Download transcript

Summary

There’s too much M&A in Bitcoin mining to keep track of!  Will and Charlie dig into this week’s Bitcoin and Bitcoin mining news, including the short report leveled at Riot Platforms, CoreWeave’s declined bid to purchase Core Scientific, BitDeer buying a fabless ASIC manufacturer for $140 million in shares, and lastly, Cleanspark’s involvement in the Cheyenne, Wyoming Bitcoin mining slapped with an executive order by the Biden administration. Follow along on your favorite podcast player of choice by clicking here. Chapters: 00:00 Start 02:31 Difficulty update 04:51 Mining stocks 08:04 Riot & Bitfarms 16:30 Core Scientific rejects Coreweave 22:00 Desiweminer (new AISC) 27:21 Cleanspark vs White House 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!  👉 Check out Bitcoin Season 2 and The Gwart Show. 👉 Watch our newest documentary, The Big Empty! Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining! - "The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset.  Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.  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, welcome back to the mining pod. This is the news roundup with Charlie Spears and myself of Blockspace Media.

0:06.9

Go and subscribe to our other channels, including Bitcoin Season 2 and The Quartz Show.

0:10.9

You can go to Blockspace.media, find all our podcasts that we do.

0:14.7

Charlie just did a live stream with Dylan Leclair, so definitely going to check that one out later.

0:19.8

As always on the news roundup,

0:21.5

we're doing Bitcoin and Bitcoin mining news. Our friend Matt Kimball is on here today. He's at the

0:26.3

Oslo Freedom Forum, I believe. So Matt, I hope you're traveling safe. Hopefully you're

0:30.8

listening to his podcast as well. Today we have much to cover. We're going to be talking about

0:37.1

our difficulty update, little review of mining stocks, and then we have much to cover. We're going to be talking about our difficulty update, lower view

0:39.0

of mining stocks, and then we have like a slate of topics this week. So many different things

0:44.3

have happened in the last 48 hours within Bitcoin, specifically the Bitcoin landscape in the

0:49.1

US, like these listed companies. So we'll be getting that names likeames like Riot, Clean Spark, Poor Weave,

0:56.2

Poor Scientific, and much more. Just a word for our sponsors first, and then on to the show.

1:01.9

Hey, listeners, let's talk about revolutionizing your mining operation with Foreman. This isn't

1:06.5

your average management tool. It's an all-in-one solution for reducing costs and significantly boosting

1:11.3

your revenue. Foreman brings a cutting-edge dashboard to your fingertips, empowering you with

1:15.4

automated energy strategies. This means not only curtailing around real-time prices, but also

1:19.6

strategically enhancing your profit margins through demand response. It's about leveraging energy

1:23.9

efficiency to its fullest potential. With Foreman, you get a system that scales with your business,

1:29.1

inventory management for assets, infrastructure integration, and business intelligence. Foreman

1:33.7

elevates the cash flow and production of your entire operation. To see how Foreman can redefine

1:38.5

your mining operations standards, visit foreman.mend.mint. With Foreman, you're not just managing a mining

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