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Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technologies joins us to talk about the brutal hash rate environment as hashrate surges past 1 zettahash. For news, we break down ICE's raid on a Bitcoin miner repair shop in Pyote, Texas, Core Scientific’s shareholder vote for the CoreWeave acquisition, and Tether's massive 86,000+ BTC treasury.
**Notes:**
• Difficulty increased 6%, up 26% over 7 adjustments
• Hashrate expected to reach 1.2 zeta by year-end
• Core Scientific vote scheduled for October 30th
• Tether holds 85,335 BTC worth $10.4 billion
• ICE arrested 12-13 undocumented workers at TX ASIC repair shop
Timestamps:
00:00 Start
04:27 Difficulty Update by Luxor
06:48 ICE raids ASIC repair shop
11:30 Hashrate Forwards
23:03 End of year Forward projections
25:41 Cleanspark Ad
26:10 Core Sci Update
28:44 Tether holds more BTC than you think