Dek/excerpt: Slightly over 30 minutes, but we hit all the mining stories you care about this week!
Body:
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Welcome to another packed episode of The Mining Pod! Hosts discuss the current hash price bear market, with difficulty adjustments continuing to increase despite declining profitability. They explore CBP's ongoing seizure of Bitcoin miners at the border, possibly costing companies millions in holding penalties. Plus, discussions on the TVA and DOE's push for nuclear energy, Bit Farms finalizing its acquisition of Stronghold Digital Mining, the SEC's clarification on proof-of-work mining activities, and OBM and Toya Energy's patent victory against Lancium. Finally, the team examines the sharp decline in mining community engagement.
Notes:
- Hash price at $47.50/PH/s/day
- 8 of 10 recent difficulty adjustments increased
- BitFarms now has 60% of megawatts in US
- Mining stocks down ~50% year to date
- Mining community engagement down ~80%
00:00 Start
02:27 Difficulty Report by Luxor
06:55 Update on US border troubles
11:02 SEC: No news is good news
11:04 Baseload energy & flexible loads
19:26 SEC: No news is good news
21:35 Stronghold, Bitfarms confirm merger
25:55 Foreman, Cholla Energy vs Lancium
31:29 Cry corner: Mining Mafia drama
