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Why is the president talking about putting tariffs on foreign films instead of attacking California's liberals and the way their management of the state is destroying the entertainment industry there? We talk about this and about just how crazy the month of May is going to be in the Middle East. Give a listen.
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Ford Motor Company reported first-quarter results yesterday and said it’s suspending financial guidance for the rest of this year because of uncertainty resulting from tariffs. We'll hear more. Plus, some companies in Mexico are recruiting recently deported migrants from the States. And the guardians of interest rates at the Federal Reserve meet today and tomorrow on what to do about an economy under stress. Will they be hawkish or dovish?
Multiple explosions have been heard in Sudan's de facto capital, Port Sudan, for a third day in a row. Prior to the attacks the city had avoided bombardment and was regarded as one of the safest places in the war-ravaged nation. We hear analysis.
Also, how and why Togo remains Africa's longest ruling political dynasties.
And what is financial abuse and how to spot it?
Presenter: Audrey Brown Technical Producer: Francesca Dunne Producers: Yvette Twagiramariya and Nyasha Michelle in London Senior Journalist: Karnie Sharp Editors: Andre Lombard and Alice Muthengi
Is Friedrich Merz the new German chancellor after he unexpectedly lost an initial vote in parliament? Also: Russian fears for victory parade after Ukrainian attack, and what kind of Pope do Catholics want?
Bitcoin mining is thriving in Iran – but mostly in the shadows.
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Welcome back to The Mining Pod! Today, Masih Alavi, CEO of ViraMiner, joins us to discuss an overlooked mecca for bitcoin mining: Iran. He estimates that miners in the country operate with just 5 MW of legal, while 2 GW of mining activity hums away in the shadows of basements, offices, and even jewelry stores. Plus, Alavi discusses how Iranian citizens use outdated mining equipment to evade sanctions, convert crypto to USD, and survive capital controls from within and sanctions from without. Alavi explains why the government's hardline stance and tax code pushes miners underground and the ingenious methods Iranians use to hide their operations from authorities.
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# Notes:
- Only 5MW legal mining vs. 2GW illegal in Iran
- Outdated S9 miners still profitable in Iran
- Illegal miners caught by authorities
- High tariffs push miners to operate illegally
- 18 million Iranians own crypto assets
- Iran Bitcoin hashrate dropped 10-15% during protests
Timestamps:
00:00 Start
01:47 Mashi background
07:03 Mining ETH
07:37 ViraMiners
08:11 BTC mining in Iran
10:09 Illegal mining operations
13:33 Mining with older hardware
14:14 Electrical tariffs
17:49 Industrial scale mining
21:16 Exchanges or under the table
30:21 Obtaining hardware
32:41 Legal routes for hardware?
38:52 IP logging with pools
42:41 Hashrate waiting to come online
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After decades of attempts by some political leaders to curtail or end federal funding for broadcasting, public media faces what PBS CEO Paula Kerger says is the most serious threat in its history. President Donald Trump’s order to end funding for NPR and PBS potentially has profound implications for everything from the existence of some rural Alaska stations to Native-language programs on tribal stations (and the continuation of Native America Calling). We’ll get another update on how the fight for public funding for Native American broadcasting is playing out. Hosted on Acast. See acast.com/privacy for more information.
Growing airport delays amid air traffic control shortages and tomorrow's Real ID deadline, Canada's prime minister at the White House. Cutting Pentagon brass. CBS News Correspondent Steve Kathan has today's World News Roundup.
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On Wednesday, 133 Cardinals are expected in the Sistine Chapel to start choosing the next pope. And people worldwide are placing millions of dollars in bets over who they think will get the two-thirds majority required to become the Catholic Church’s next leader. Also on the show: OpenAI hits a roadblock in trying to become a for-profit company, and China's offering cash and more parental leave to encourage a baby bump.
From the BBC World Service: DoorDash is paying $3.8 billion to take over U.K. food delivery app Deliveroo as it looks to gain a footing in the market there. Elsewhere, Germany's DAX is down 2% after the leader of Germany's conservative party, Friedrich Merz, unexpectedly failed to win the parliamentary majority needed to become chancellor, New Zealand's prime minister wants to keep kids off social media and some businesses in Mexico are hiring English-speaking deportees.