Welcome to the latest episode of The Mining Podcast, co-produced by @blockspace!
Mining Podcast: Operation Red Sunset, White House Genesis Plan, Tether's Acquisition of BTDR, Soaring Memory Prices
Welcome back to The Mining Podcast! Today, Colin and Charlie will delve into Operation Red Sunset—the US government's investigation of Bitmain due to national security concerns. We'll also discuss the harsh realities of the mining economy (hashrate prices plummeting to historic lows), Trump's new executive order aimed at promoting AI and energy research, Hive's $300 million market launch, and Tether's additional investment in BTDR. This week's "Double Sorrow" segment will explore why Cardano remains unsuccessful and why AI demand has caused memory prices to soar, leaving gamers suffering.
Notes:
- Hashrate price drops to $36 per PETahash/day (historic low)
- Mining difficulty reduced twice in a row for the first time since summer
- Small mining rigs (1-5MW) cease operation
- DDR5 memory price surges from $100 per block to over $400
- Hive raises $300 million through market offering
- "Operation Red Sunset" aims to combat security vulnerabilities at Bitmain
📺 Watch:
🎧 Spotify:
🎧 Apple:
@blockspace The #1 Bitcoin newsletter delivered twice a week to your inbox.
Join over 10,000 Bitcoin enthusiasts by reading Blockspace: