The Mining Pod | Blockspace Media

Latest Episodes:

The Post-Halving Bitcoin Mining Market With Taras Kulyk May 14, 2024

Show notes

Taras Kulyk, CEO of Sunnyside Digital, one of the largest hardware distributors in North America, joins The Mining Pod to discuss the post-Bitcoin halving mining market, including ASIC prices, infrastructure, global shipping and M&A in the mining industry.

Chapter Markers:

00:00:00 Start

00:02:18 Taras Kulyk intro

00:04:45 ASIC market update

00:07:53 ASIC buyer hesitation

00:10:29 S21 vs T21 performance

00:12:46 Where are older ASIC migrating to?

00:14:39 Electrical infrastructure procurement

00:15:57 Supply chain

00:17:03 GPS jamming

00:18:11 West vs East coast shipping

00:19:32 Intl vs domestic shipments

00:20:34 Procurement advice for new miners

00:23:14 ASIC market maturing?

00:24:49 Institutional ASIC buyers

00:26:23 M&A for big miners

00:30:27 Servicing miners

00:31:01 Why miners aren't staffing up?

00:32:54 Big miner predictions

00:33:42 Wrap up

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

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Difficulty Drop, Arkansas Mining Bans and AI Mining Pivots May 10, 2024

Show notes

In this week’s Mining Pod, Will and Matt dig into Bitcoin and Bitcoin mining news including: difficulty dropping 5.5%, Arkansas putting restrictions around Bitcoin mining and large Bitcoin miners pivoting into artificial intelligence (AI) infrastructure.

00:00:00 Start

00:02:07 Hashrate go down

00:06:35 Texas grid spikes

00:10:57 Canaan Avalon A15

00:17:26 Arkansas hates noise & communists

00:25:01 Miners pivot to AI infrastructure

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

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Is Bitcoin Mining Centralized? With Peter Todd May 07, 2024

Show notes

Chapter Markers:

00:00:00 Start

00:02:35 Open Timestamps does election fraud

00:07:19 Timestamp the internet?

00:08:19 Peter Todd Intro

00:10:45 Antpool block template use

00:16:33 Does Stratum V2 solve pool control?

00:17:18 Ocean Pool

00:18:19 Developers Incentivisation

00:20:19 Mining Testnet

00:21:30 Resetting Testnet

00:21:56 Ordinal Streisand Effect

00:24:16 OP_RETURN

00:24:58 1MB Runes incoming w/ Libra Relay?

00:28:23 MEV is dangerous

00:30:35 RBF transactions

00:31:20 MEV types

00:32:53 Libra Relay vs Core filters

00:34:50 Libra Relay is a political project

00:36:10 Suggestions for miners

00:37:36 OP_CAT

00:42:40 OP Code prediction

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

It’s Name Was OP_CAT May 03, 2024

Show notes

In this week’s Mining Pod, Charlie, Matt, Will and special guest Walt Smith of Cyber Fund discuss the talks from Bitcoin developer conference Bitcoin ++ in Austin, Texas, with special focus on new soft forks for Bitcoin that could bring more programmability on-chain.

00:00 Start

01:37 What is Bitcoin ++?

05:09 Specter of MEV on Bitcoin

11:49 Defining MEV

17:23 Slipstream & Data Blobs

21:08 Protocol Ossification

23:56 OP_CAT

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Saving Small Town America With Bitcoin Mining Apr 30, 2024

Show notes

In this week’s Mining Pod, we talk with the Galaxy Digital Bitcoin mining team about their Helios Bitcoin mine in Spur, Texas, population 900! We discuss the latest film, The Big Empty, how it was received by the community and what it means to have a Bitcoin miner join rural American towns like Spur.

Chapter Markers:

00:00:00 Start

00:02:01 Guest Intros

00:02:36 Helios Mine Scale

00:03:21 Guest Bios

00:07:59 Helios Facility Size

00:11:26 Immersion Mining Process

00:13:21 Living in Dickens County

00:20:13 Suspicion of New Companies

00:23:42 Bitcoin Adoption in Towns

00:27:15 Community Interactions

00:29:32 Money & State Separation

00:33:41 Communication Barriers

00:35:06 The Legendary Pool

00:38:50 Wrapping Up

👉 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!

Learn more about your ad choices. Visit megaphone.fm/adchoices

The $2.1 Million ‘Epic’ Bitcoin Satoshi Apr 26, 2024

Show notes

We go through this week’s news in Bitcoin and Bitcoin mining, including ViaBTC’s 33.3 BTC auction reward, Jack Dorsey’s Block announcing its 3 nm chip plans for a Bitcoin ASIC, and a behind the scenes look at TSMCs Arizona chip fab!

00:00:00 Start

00:07:27 Post-Halving Difficulty

00:12:16 Via BTC's Epic Sat Sale

00:16:14 Block's 3nm Mining Chip

00:20:01 Challenges for New ASICS

00:24:28 Jack Dorsey's Support

00:27:28 TSMC's Arizona Fab Issues

00:32:26 Wrap-up

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

👉 Watch our livestream on Samourai Wallet!

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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Why The Bitcoin Halving Matters With Alex Gladstein and Diverter Apr 23, 2024

Show notes

Alex Gladstein of the Human Rights Foundation and Diverter, a pseudonymous Bitcoiner known for his non-KYC Bitcoin guides, joins The Mining Pod to discuss why Bitcoin mining matters for individual liberty and how Bitcoiners can take mining to the next level.

Chapter Markers:

00:00:00 Start

00:03:13 Diverter's Bitcoin Journey

00:06:12 Alex Gladstein's Bitcoin Story

00:10:22 Why Mining Matters

00:13:07 Value of Non-KYC Mining

00:20:27 Mining & Financial Sovereignty

00:24:27 Clean Spark Ad

00:24:47 Bitcoin Mining Bifurcation

00:28:45 Vitamin Ad

00:29:26 Mining: Suits vs. Home Miners

00:37:36 Regulatory Capture of Mining

00:51:50 Bitmain Ad

00:52:37 Compromising on Privacy

00:57:53 Inevitability of Bitcoin Adoption

01:03:17 Cypherpunk Ethos & Nuance

01:04:20 What if Bitcoin Succeeds?

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 our other shows and content by going to Blockspace.media today.

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bitcoin Halving Episode Apr 19, 2024

Show notes

Matt, Will and Charlie dig into this week’s biggest news stories ahead of the Bitcoin halving, where Bitcoin’s rewards are dropped by 50% by the network! We go through Bitcoin data, Riot energizing Corsicana and Foundry playing halving block games!

Chapter Markers:

00:00:00 Start

00:02:15 Bitcoin Having Discussion

00:04:28 Sponsor: Clean Spark

00:06:06 Miner Mag Data Review

00:09:17 Miner Sell Pressure

00:11:18 Riot's 1 GW Mine

00:14:23 Sponsor: Foreman

00:15:25 Foundry's Rare Sat Auction

00:20:36 Sponsor: Bitmain

00:21:24 Testnet Reorgs & Hash Bender

00:31:39 Mining Innovations & Topics

00:33:42 Upcoming Shows & Events

00:35:36 Wrap-up

👉 Check out our other shows and content by going to Blockspace.media today.

👉 Join our Bitcoin Halving party in Denver, Colorado on April 20th!

👉 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 and distributed by CoinDesk. Senior Producer is Damien Somerset.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Bitcoin Mining’s Q1 Numbers With Parker Merritt Apr 16, 2024

Show notes

Parker Merritt from Coin Metrics and Will Foxley discuss key metrics, trends, and insights in Bitcoin mining. Topics include mining pools, hash rate, transaction fees, hardware fingerprinting, energy consumption, miner efficiency, and the performance of publicly traded mining stocks.

Chapter Markers:

00:00:00 Start

00:01:45 Foreman ad

00:02:28 Sponsor message

00:02:52 Introductions

00:03:50 Bitcoin Halving update

00:05:12 Bitcoin Cash price surge

00:09:08 Bitcoin Cash mining revenue

00:11:23 Bitcoin Cash blockchain growth

00:13:41 Big blocks in Bitcoin

00:17:35 Mining pool distribution

00:20:40 Mining pool payout analysis

00:25:53 ASIC breakeven power costs

00:28:50 ASIC fingerprinting methodology

00:34:20 Bitcoin energy consumption

00:35:58 Mining & grid load balancing

00:38:50 Average network efficiency

00:41:52 CleanSpark's on-chain data

00:45:53 Miner market cap dominance

00:49:01 Miner stocks vs. Bitcoin in 2024

👉 Check out our other shows and content by going to Blockspace.media today.

👉 Join our Bitcoin Halving party in Denver, Colorado on April 20th!

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Are Mining Pools Political Targets? Apr 12, 2024

Show notes

Matt, Charlie and Will discuss Bitcoin and Bitcoin mining news, from Bitmain’s large US operations to Ordinals marketcap projections to mining pools playing games with new transaction types. Senator Elizabeth Warren might even drop by!

Watch a video version of the show here.

Chapter Markers:

00:00:00 Start

00:01:54 Intro & Bitcoin Halving

00:03:27 Difficulty Adjustment

00:05:01 Bitmain & BitFuFu

00:07:08 New US ASIC Maker

00:10:07 Promising or Flop?

00:11:15 Ordinals Corner

00:15:31 Ordinals Hype Chart

00:18:33 Ordinals vs. ETH NFTs

00:20:15 Ordinals & Block Space