Hut 8, Crusoe’s $600M, DCG’s Fortitude, Riot’s HODL and Coinbase’s PNUT
Description
Welcome back to The Mining Pod! In today’s show were ripping on Hut 8’s $12 billion build out in Louisiana for a full hyperscaler facility. Yes, that’s nearly 6x the marketcap of Hut 8 currently! We also go into Crusoe’s $600M raise from Founders Fund, our scoop on DCG spinning out Foundry’s self-mining assets, Riot joining the HODL gang with Microstrategy and MARA and some final thoughts on Coinbase listing random tokens for ‘just the funsies.’ Oh, also Texas is going to do a Bitcoin Reserve!
Timestamps:
00:00 Start
01:54 Difficulty update
04:29 Hut 8 plans 1,000 MW in Louisiana
10:19 Crusoe Closes $600M Raise
13:35 DCG creates new company
18:56 Riot Offering of 0.75% Convertible Senior Notes
27:52 Coinbase lists Peanut the Squirrel (PNUT) memcoin
33:20 Texas Bitcoin Reserve
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!
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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
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