THE MINING POD: Tether and Antalpha, Galaxy’s CoreWeave Expansion, OP_RETURN drama

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Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 2 May 2025

⏱️ 42 minutes

🔗️ Recording | iTunes | RSS

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Summary

For this week’s news round up, Tether is seeking a $25M stake in Anatalpha, CoreWeave expands at Galaxy’s Helios site, and more. FILL OUT THE MINING POD SURVEY BY CLICKING HERE You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 15,000 Bitcoiners: https://newsletter.blockspacemedia.com Welcome to The Mining Pod News Roundup! The gang breaks down Tether's latest foray into the bitcoin mining sector as it seeks a $25M stake in AntAlpha, Galaxy's CoreWeave deal expanding to a total of 393MW, and the dramatic impact of the 2024 halving one year later. Plus, they dive into Cambridge's latest report showing Bitcoin uses 0.5% of total global electricity, and for this week’s cry corner: the contentious proposal to abolish the OP_RETURN data limit. # Notes: - Bitcoin price approaching $97,000 - 100 EH/s hash rate disappeared recently - 40% difficulty increase post-halving - Tether eyeing $25M stake in Ant Alpha IPO - Galaxy secured additional 260MW from Helios - Bitcoin uses 0.5% of total global electricity Timestamps: 00:00 Start 07:51 Tether Antalpha stake 12:21 Galaxy + CoreWeave + AI 20:01 1-year after the halving 29:35 Cambridge Report: Miners Turn to Renewables 35:47 Cry corner: OP_RETURN wars 👉 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. 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	What's up y'all? Welcome back to the Mining Pod News Roundup Edition. We've got a full panel today with Colin Harper, your boy, Matt Kimmel, and Khan Faharani from Luxor, our guests this week and a research associate at our friends Luxor and Hashraud Index. He covers a lot of mining data, so he'll be a fabulous addition to today's show. We've got a packed
0:21.3	schedule. Con is going to be going over a newsletter he wrote for us this week on Bitcoin
0:26.6	mining data one year after the having. Before that, we will be looking at Tether expanding its
0:32.7	tendrils into the Bitcoin mining industry as it eyes a $25 million stake in the upcoming Ant Alpha
0:39.0	IPO. We'll hop over to an update on Galaxy's CoreWeave deal. We've got some data from
0:44.8	Cambridge's latest report on Bitcoin mining's energy usage and renewables penetration,
0:49.6	more than you think, but maybe not as much as you would hope, depending on where you
0:53.2	stand.
0:59.3	And then we will be covering the off return drama on Twitter and GitHub this week for those who have not been tuning in. Certain people want to expand Bitcoin's offer turn limit.
1:03.8	Others don't want to. We don't know who's going to win, but we will cover all of the salt
1:07.9	and tears for this week's cry corner. And as we record this,
1:11.6	Bitcoin is surging. It's knocking on Heaven's Door at 97,000. Looking at 100K, we might have
1:18.7	it this week. Good times. And maybe we're out of the doldrums. But we'll have to see.
1:24.7	Today's show is brought to you by fractal Bitcoin, but we'll learn more about them later in the show.
1:29.2	For now, let's get right into it.
1:32.9	And we're back.
1:34.7	Difficulty weatherman Matt Kimmel.
1:36.9	What are we seeing in the forecast for Bitcoin's difficulty and network data?
1:42.8	Yeah, Colin, we are 83% of the way through the epoch here.
1:49.7	And we're looking at a dramatic difficulty adjustment decrease.
1:54.9	I was looking before the show.
1:56.4	And we have had an absolute streak of, I think,
	...

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