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China Mining Crackdown, Hut 8’s $7B Fluidstack Deal, CoreWeave Site Delays

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Welcome back to The Mining Pod! Today, Colin and Matt dive into reports of a bitcoin mining crackdown in Xinjiang, China, Hut 8's massive $7B hosting deal with Fluidstack, just-reported summer weather delays at Core Scientific’s Denton facility for CoreWeave, and Blue Owl declining to fund a 1 GW AI site for Oracle. And to close the show, veteran crypto reporter Brady Dale, author of the Front Stage Exit newsletter, joins us to talk about a failed vote in Granbury, Texas, to incorporate a new town to expel MARA from its facility in the area.




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**Notes:**


* ~1.3GW/100 EH of mining under pressure in Xinjiang


* Hashprice under $40 per PH/s/day


* Difficulty adjustment projected at -1%


* Hut 8 inks $7B, 15-year hosting deal with Fluidstack


* Core Weave faced 60-day construction delays over the summer at CORZ Denton site




Timestamps


00:00 Start


05:44 China bans Bitcoin, again!


15:46 Hut 8 hyperscaler deal


21:49 Delays at CoreWeave Denton site


25:26 Oracle funding issues


30:21 Brady Dale goes to Texas




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