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The Mining Pod | Bitcoin Mining News

Hut 8’s Bitmain Partnership, Bhutan’s $700m Bitcoin Bags, RFK Jr.’s Mining Letter, Trump’s Bitcoin Burger

36 min • 20 september 2024

Welcome back to The Mining Pod! For this week’s news roundup, the crew dives into Hut 8’s partnership with Bitmain on the manufacturer’s new hydro-cooled ASIC model, the U3S21EXPH. Matt also gives everyone a geography lesson with his overview of Bhutan and its hoard of 13,011 BTC worth $780 million, the fourth largest BTC reserve of any nation, and Colin covers Rober F. Kennedy Jr.’s letter to the editor in the Economist in which he defends Bitcoin mining for its utility as a flexible load for renewable energy. Plus, a former President, a bitcoin mining CEO, and a pub owner walk into a bar, and everyone leaves with a burger paid in bitcoin (yes, every outlet has covered this story, but we are too). And finally in this week’s cry corner, the unfortunate story of a Norwegian town whose residents will pay more for power after a bitcoin mine ceased operations.

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Timestamps:


00:00 Start

01:38 Difficulty update

03:36 Fractal fees

07:23 Hut 8 and Bitmain ASIC partnership

12:50 Bhutan got them bags!

19:19 RFK Economist letter to the editor

23:12 Trump's Bitcoin Burger

29:32 Cry Corner: Norwegian energy costs rise


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! 


👉 Check out Bitcoin Season 2 and The Gwart Show.


Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell

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