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ABTC Eyes 25 EH/s, Institutional ETF Holdings, Amazon to Pour $20B into PA

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Welcome back to The Mining Pod! Today, Will, Colin, Matt, and Nick discuss Bitcoin mining's summer slowdown, American Bitcoin's massive 25 EH/s anticipated ramp up, a big week for public miner fundraising, Amazon's $20B Pennsylvania data center investment, institutional ETF flows showing hedge fund exits, and the controversial filter wars dividing Bitcoin's community.




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**Notes:**


• Hash rate trading 820-930 EH range lately


• American Bitcoin raising for $320M U3S21EXPH buy


• IREN upsizes convertible note to $500M 


• Amazon investing $20B in Pennsylvania


• Hedge fund ETT holdings dropped from 122K to 83K BTC in Q1


00:00 Start


01:12 Difficulty Report by Luxor


06:37 American Bitcoin $320M U3S21 Cost


13:40 Fundraising season


23:07 Hedge funds ditched BTC ETFs in Q1


32:08 Amazon going balls deep in PA


37:41 Cry Corner - The Filter Boys Mount UP!




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