THE MINING POD: Oct Miner Updates, MARA M&A, Mining in Ethiopia, and Block’s Proto ASIC
Description
Welcome back to The Mining Pod! Colin, Will, and Matt are back with this week’s meatiest mining headlines. October updates are in for public bitcoin miners, so the gang covers the highs (and lows) of the first month of Q4. They also cover MARA’s 8-figure acquisition of three mining sites in Ohio. Plus, an update on Bitcoin mining in Ethiopia, which is reportedly netting the country’s power authority ~$55 million in business with roughly 2-3% of the Bitcoin network’s hashrate in the country. And for the final news item, an update from Block’s Proto team on its forthcoming bitcoin mining ASIC – oh, and this week’s cry corner, in which *checks notes* legacy media pundits are still comparing Bitcoin to the dot com bubble’s defunct early movers…
Timestamps:
00:00 Start
01:24 Difficulty update
06:12 Public miner October updates
14:37 MARA adds 122 megawatts
19:52 Ethiopia earns $55M
27:28 Block’s new ASIC
37:33 Cry Corner: Bitcoin is not a dot com bubble stock
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