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Who’s the top Bitcoin miner? We rank them in this week’s news roundup. Plus Auradine raises a ton of money to bring Bitcoin mining manufacturing stateside.
Welcome to The Mining Pod! In this episode, the gang breaks down the latest in Bitcoin mining with their weekly hash price update, showing prices hovering around $45 per petahash day with an expected 2.5% difficulty increase. We then flex to"Bitcoin Mining Mountain" - a spicy tier ranking of top mining companies based purely on vibes. The crew also discusses Auradine raising $153 million in Series C funding to expand ASIC manufacturing, dives into Luxor's derivatives market for hash rate futures, and concludes with Coinbase's alleged front-running controversy with their "Base is for Everyone" token launch.
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# Notes:
- Hash price currently at $45 per petahash per day
- Expected 2.5% difficulty adjustment on April 19
- Ordean raises $153M in Series C funding
- Bit Deer ranked S-tier due to Tether investment
- Luxor did $65M in notional volume in Q1
- Hash rate growth projected to slow in 2025
Timestamps:
00:00 Start
01:08 Difficulty Report by Luxor
04:24 Ranking Miners
26:27 Auradine raises $153 million
32:42 Luxor Market Update
44:12 Cry corner - Coinbase rugs ‘Base’ users
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!
