THE MINING POD: The Celsius Mining Scoop With ChazzonKe

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 6 February 2024

⏱️ 63 minutes

🔗️ Recording | iTunes | RSS

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Summary

Celsius Mining recently completed its Chapter 11 restructuring and is now managed by Hut 8. Are creditors getting a good deal? Follow along on your favorite podcast player of choice by clicking here. Celsius Mining was one of the only truly functional parts of Celsius, a defunct lending firm that went belly up in mid-2022. The mining firm recently transitioned to its own entity, Ionic, and is working with Hut 8 to run its mining assets. But did creditors get a good deal? We brought on citizen journalist and long time skeptic ‘ChazzonKe’ to learn more. 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 Tuesday and a news show on Friday! Check out our other shows and content by going to Blockspace.media today. Follow our host on Twitter, @wsfoxley. - Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! "The Mining Pod" is produced by Sunnyside Honey LLC and distributed by CoinDesk. Senior Producer is Damien Somerset. 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. On today's show, we're joined by Keith, aka Chaz on K,
0:05.1	a somewhat private citizen journalist on Bitcoin Twitter, who's been documenting and analyzing
0:10.2	the Celsius and Celsius mining ordeal that's been going on for about two years at this point.
0:16.0	We talk with him about the beginnings of that Chapter 11 case, all the different bids on the assets, and how
0:22.8	it's all now managed by Hut 8 and US Bitcoin. Thank you to Keith for making this show possible
0:28.6	and for keeping diligent track of all the numbers. We'd like to thank our sponsor for this show
0:33.8	on the CoinDisc podcast network, CleanSpark, America's Bitcoin Miner. You'll hear
0:38.0	more from CleanSpark later in the episode. Okay, before we jump in, we also want to push people
0:43.0	to go check out our newsletter, blockspace.media. You'll find it in today's show notes,
0:47.6	or you can type it into a browser and find it right there. We put out two pieces of Bitcoin
0:51.3	content per week that you can get directly to your inbox.
0:58.8	If you're at a Bitcoin company or you work adjacently to Bitcoin at a business is a great newsletter and resource for you.
1:00.5	Okay, let's jump into the episode.
1:16.4	Hey. Hey, welcome back to the mining pod.
1:22.1	We have a great episode today with Keith, aka Chazahn K, or K, how do you pronounce it? Chaz on K.E.
1:23.1	Yeah.
1:23.4	Chaz on K.E. Perfect.
1:24.6	Yep.
1:25.1	I describe you as a citizen journalist. You've mostly been known for
1:30.3	your Twitter account and your following of what's been happening with Celsius and with the
1:34.7	Celsius mining extension through US Bitcoin and HUD8 now. So first of all, welcome to the show.
1:40.1	And we're excited to dig with you all this all this information yeah absolutely i appreciate you
	...

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