Category: 2-DailyNews

MARA beat expectations for Q2, the SEC approves in-kind BTC ETFs, and Bitmain is shipping more raw materials to the U.S.

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Welcome back to The Mining Pod! Today, Colin and Matt dive into Mara's Q2 earnings, the SEC's approval of in-kind Bitcoin ETF redemptions, Bitmain onshoring manufacturing to the US, and JPMorgan's prediction that pure play miners will outperform HPC hybrids as the field becomes oversaturated with AI pivots.

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**Notes:**

• Mara revenue up 12% to $238.5M in Q2

• Bitcoin at $118k with hash rate at 900 EH/s

• Hash price around $58.70/PH/day

• Fees represent only 1% of block subsidy

• Bitmain shipped 187 tons of parts to US

• SEC approves in-kind BTC ETFs

Timestamps:

00:00 Start

02:24 Difficulty Report by Luxor

06:21 MARA Q2 earnings call

14:29 Cleanspark

15:01 SEC in-kind Bitcoin ETF approval

20:43 Bitmain is shipping in Antminer parts to the US

28:30 Pure-play miners to outperform as HPC hybrids

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President Trump announces new tariffs on dozens of countries. Northeast flooding. Anguish over Texas flood response. CBS News Correspondent Cami McCormick has today's World News Roundup.

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The White House issued new tariff rates last night. Which imported goods will face the highest rates and when? And survivors of the deadly floods in Texas address state lawmakers at an emotional hearing. Plus, two American officials visit a U.S. and Israeli-backed food distribution site in Gaza.

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A.M. Edition for Aug 1. As the deadline for many countries to clinch trade agreements expires, President Trump moves to hike levies on scores of countries, while delaying their implementation until Aug 7. WSJ finance editor Alex Frangos unpacks the ins and outs of this new trade order. Plus, WSJ data reporter Inti Pacheco takes a stroll down main street to explain how tariffs are affecting American businesses and consumers. And, Ray Dalio sells his remaining stake in Bridgewater, the hedge fund that made him a billionaire. Azhar Sukri hosts.

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The aims of France, Britain and Canada in recognising a Palestinian state are laudable—but now is not the time to deploy what little leverage they have. AI optimists reckon the era of superintelligence will bring about explosive growth; we ask what that world would look like. And remembering Tom Lehrer, whose rare gift for satirical song skewered anything and anyone.

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President Trump’s trade deadline passes - but some of its most draconian tariffs won’t go into effect until next week. A top White House advisor will visit Gaza today, as Palestinians swarm aid trucks. And a White House decree aims to bring back the Presidential Fitness Test.

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Alabama

• Congressman Moore calls "Dignity Act" an amnesty bill in disguise
• Sen. Tuberville offers bill to curtail foreign student visas and enrollment
• AG Marshall is all on board with bill to execute convicted child rapists
• State lawmakers look to cut snack items from SNAP program budget
• Recorded call of DHR worker confirms hot car death of boy was accident
• ALEA to officially complete investigation into Jabari Peoples shooting death

National

• President Trump announces trade deal with country of South Korea
• Trump sends letters to 17 Pharma CEOs about lowering drug costs NOW
• Senate confirms Joe Kent as Director of National Counterterrorismm
• Sen. Grassley reveals Durham appendix docs found at FBI in "burn bags"
• DNI Gabbard praises IC whistleblower for testimony about Russia/Trump collusion hoax.

On today’s Top News in 10, we cover:

• Reciprocal tariffs went into effect at midnight. 
• Special envoy Steve Witkoff and U.S. Ambassador to Israel Mike Huckabee are going into Gaza on Friday. 
• And Russiagate takes another turn. 
  

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The news to know for Friday, August 1, 2025!

We’re talking about historic new tariffs President Trump unveiled for countries all around the world. 

Also, the response to last month’s Texas floods is being scrutinized as new flooding impacts a different part of the country. 

Plus: the latest and most ambitious project yet in Trump’s White House makeover, which “rite of passage” is coming to public schools, and how Justin Timberlake is responding to backlash from his own fans. 

 

Those stories and even more news to know in about 10 minutes! 

 

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The United States has imposed travel restrictions on members of the Palestinian Authority and the Palestine Liberation Organisation, accusing them of undermining peace efforts with Israel. The US State Department said those targeted continued to support terrorism and were internationalising the conflict, for example through the International Criminal Court. Washington's special envoy Steve Witkoff, who's in Israel trying to salvage Gaza ceasefire talks, will travel to the territory on Friday where he will inspect aid distribution sites. Also: In another blow to the Pakistan opposition leader, Imran Khan, senior members of his party have been jailed for up to ten years, and scientists exploring the Pacific Ocean say they've discovered entire ecosystems of marine life at depths of over eight kilometres.

The Global News Podcast brings you the breaking news you need to hear, as it happens. Listen for the latest headlines and current affairs from around the world. Politics, economics, climate, business, technology, health – we cover it all with expert analysis and insight. Get the news that matters, delivered twice a day on weekdays and daily at weekends, plus special bonus episodes reacting to urgent breaking stories. Follow or subscribe now and never miss a moment. Get in touch: globalpodcast@bbc.co.uk