THE MINING POD: ABTC Eyes 25 EH/s, Institutional ETF Holdings, Amazon to Pour $20B into PA

THE MINING POD: ABTC Eyes 25 EH/s, Institutional ETF Holdings, Amazon to Pour $20B into PA

American Bitcoin may purchase $320 million of Antminers to expand its fleet, and hedge funds are dumping bitcoin ETFs. FILL OUT THE MINING POD SURVEY BY CLICKING HERE Welcome back to The Mining Pod! Today, Will, Colin, Matt, and Nick discuss Bitcoin mining's summer slowdown, American Bitcoin's massive 25 EH/s anticipated ramp up, a big week for public miner fundraising, Amazon's $20B Pennsylvania data center investment, institutional ETF flows showing hedge fund exits, and the controversial filter wars dividing Bitcoin's community. Subscribe to our newsletter! **Notes:** • Hash rate trading 820-930 EH range lately • American Bitcoin raising for $320M U3S21EXPH buy • IREN upsizes convertible note to $500M • Amazon investing $20B in Pennsylvania • Hedge fund ETT holdings dropped from 122K to 83K BTC in Q1 00:00 Start 01:12 Difficulty Report by Luxor 06:37 American Bitcoin $320M U3S21 Cost 13:40 Fundraising season 23:07 Hedge funds ditched BTC ETFs in Q1 32:08 Amazon going balls deep in PA 37:41 Cry Corner - The Filter Boys Mount UP! 👉 Fractal Bitcoin, Reduces up to 50% of your pool fee. No new hardware, no extra energy. And it’s easy. FB rewards go straight to your existing Bitcoin wallet address. Over 50% of Bitcoin’s hashpower is already merge mining Fractal. Get more from the same resources — start on Fractal today! 👉 Luxor, Leaders In Bitcoin Mining and Compute Power! Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS. 👉 Colorado Air Filter, Leaders In Mining HVAC Solutions! Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact sales@coloradoairfilter.com 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! See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

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BREAKDOWN: A 101 Guide to Ethereum's ProgPOW Controversy

BREAKDOWN: A 101 Guide to Ethereum's ProgPOW Controversy

Last Friday on Ethereum’s core developer call, the devs agreed to push forward a controversial anti-ASICs consensus algorithm switch known as ProgPoW.  The broader Ethereum community was not pleased, ...

27 Helmi 202025min

BREAKDOWN: Is Bitcoin a Safe Haven or 'Schmuck Insurance'?

BREAKDOWN: Is Bitcoin a Safe Haven or 'Schmuck Insurance'?

Bitcoin is having a terrible, horrible, no good very bad day. Many are using the dump - which from a timing perspective aligns with a broader market selloff among Coronavirus fears - as a way to dimin...

26 Helmi 202019min

COINDESK EXPLAINS: Sim Card Hacks

COINDESK EXPLAINS: Sim Card Hacks

In the pantheon of crypto hacks, “SIM jacking” is one of the worst. The hack, which is less a hack and more social engineering, is basically a form of identity theft, with the attacker swapping a vict...

26 Helmi 20206min

BREAKDOWN: 6 Explanations for Crypto's Fascination With Coronavirus

BREAKDOWN: 6 Explanations for Crypto's Fascination With Coronavirus

The spread of Coronavirus has dominated the news cycle across industries, but the discussion has been particularly fierce in both the finance and tech worlds, with crypto right in the lead.  For a mon...

25 Helmi 202022min

BREAKDOWN: Caitlin Long on Coronavirus, Crypto Custody and Building a Bank

BREAKDOWN: Caitlin Long on Coronavirus, Crypto Custody and Building a Bank

An incredible amount of work has gone into convincing institutional investors that bitcoin and crypto should be on their radar. Now that many are convinced, however, they face some significant limitat...

24 Helmi 202019min

LTB!: Decentralization Philosophy Part 2 - Does Crypto Still Need Catalysts?

LTB!: Decentralization Philosophy Part 2 - Does Crypto Still Need Catalysts?

The best Sundays are for long reads and deep conversations. Earlier this week the Let's Talk Bitcoin! Show gathered to discuss catalysts and CEOS in the world of blockchain projects, the organizationa...

23 Helmi 202053min

LEIGH: 'Pandora's Box, but for Freedom': Author Isaiah Jackson on Bitcoin's Impact

LEIGH: 'Pandora's Box, but for Freedom': Author Isaiah Jackson on Bitcoin's Impact

Coindesk reporter Leigh Cuen is joined by Isaiah Jackson, author of “Bitcoin and Black America '' and co-founder of KRBE Digital Assets group, to talk about financial discrimination in the United Stat...

22 Helmi 202017min

BREAKDOWN: Why Today's Crypto Exchange Leaders Are Powerful, but Not Inevitable

BREAKDOWN: Why Today's Crypto Exchange Leaders Are Powerful, but Not Inevitable

After settling in to the $10,000 price level, BTC suddenly and rapidly dipped more than 5% in an hour on Wednesday. As the market discusses possible explanations, some floated the unexpected simultane...

21 Helmi 202012min

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