Month: October 2025

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CoinDesk Podcast Network - THE MINING POD: Bitcoin’s 4 Year Cycles Are Over w/ Rory Murray

CleanSpark VP Rory Murray joins us to discuss bitcoin mining stocks, the macro economic environment, and bitcoin’s 4 year cycle theory.


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Welcome back to The Mining Pod! Today, Rory Murray, VP of digital asset management at CleanSpark, joins us to talk about the explosive markets we're seeing in late 2024, why he believes Bitcoin's four-year cycle is dead, and the secular trends that will define the next chapter of crypto. We dive deep into the debasement trade, record bitcoin ETF inflows, the intersection of macro and Bitcoin mining stocks, and what keeps a veteran trader up at night. Also, Rory shares his framework for navigating animal spirits and how they relate to Bitcoin's long-term trajectory.

**Notes:**

- SPX up 30 basis points daily since April

- Largest ever crypto ETF inflow week

- Q3 earnings 3x higher than analyst forecasts

- Four-year Bitcoin cycle thesis challenged

- Record institutional Bitcoin adoption

- CleanSpark operates across 4+ US states

Timestamps:

00:00 Start

02:24 Rory title upgrade

04:48 Traders

06:02 Good trading desks?

08:00 Where's the alpha?

13:01 Mining stock data sources

14:00 Stock & BTC ripping higher?

24:53 Debasement trade

28:09 Gold is back baby!

28:48 Monetary flows

31:55 Worries

👉CleanSpark, America's Bitcoin Miner!

CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner®, is a market-leading Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship. Optimally monetizing low-cost, high reliability electricity positions them to prosper in an ever-changing world.


👉 FBOX, Cooling for Bitcoin Mining and the AI Data Center Transformation

FBOX is the global leader in cooling system manufacturing, with the #1 shipment volume of bitcoin mining containers worldwide. Not only powering for the strongest hashrate, their technology also helps mining infrastructure transform into AI data centers. Backed by the largest production scale on earth, global deployment capability, and a full range of cooling solutions, they are shaping the future of compute.

👉 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.

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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Cato Podcast - Protecting Immigration Enforcement Officers and the Constitution

According to recent government data, immigration enforcement has become a much more dangerous job. David Bier and Patrick Eddington discuss the policy tradeoffs driving these numbers, previous administrations' efforts at mitigating mass immigration, and how to craft a more just, effective and safe immigration policy.

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Marketplace All-in-One - Contractors hit hard by government shutdown

Paychecks are grinding to a halt for federal employees as the government shutdown enters its third week. A 2019 law entitles furloughed workers to back pay (though the Trump administration is claiming otherwise), but there are no pay guarantees for millions of government contract workers, who outnumber federal employees nearly two to one. Also on the show: which new tariffs kicked in last night, and why megadeals are driving merger and acquisition activity.

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Marketplace All-in-One - An old-fashioned way of prepping businesses for cyberattacks

From the BBC World Service: Chief executives have been urged to plan for computer security breaches by going back to pen and paper. The U.K. government told CEOs to plan offline contingencies after a number of high-profile attacks on companies — hacks that cost global brands millions of dollars. We'll learn more. Plus, delegates are in London for U.N. talks aimed at reducing the environmental impact of global shipping. And, we'll hear about the impact of tariffs on Swiss businesses.

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You're Wrong About - Midnight Ghost Shows with Chelsey Weber-Smith

What do you get when you combine a horror movie audience, a spiritualist séance, and a haunted house attraction? Beginning in the 1930s and lasting into the 1960s, midnight ghost shows were ghoulishly chaotic, wonderfully campy 4D theater performances that accompanied the scary movies of the era, beloved by a mostly-teenage audience who often became a part of the show themselves. Schlocky showman Chelsey Weber-Smith tells Sarah about how magicians-turned-ghostmasters used paranormal parlor tricks, gory skits, and marketing gimmicks to create a new form of vaudevillian dark comedy. As horror obsessives, Sarah and Chelsey muse about what it would have been like to attend one of these late night wacky fright fests that paved the way for the happily trashy theater camaraderie of The Rocky Horror Picture Show. Digressions include the resilience of the horseshoe crab, dollar store competition, and plot holes in the movie High Tension (2003).

More Chelsey Weber-Smith:

Listen to American Hysteria

Original music in this episode is produced + performed by Magpie Cinema Club

(except for Harry Belafonte's Zombie Jamboree which is, in fact, from 1962.)

Listen to their cover of Season of the VVitch

Produced + edited by Miranda Zickler

More You're Wrong About:

Bonus Episodes on Patreon
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YWA on Instagram

Sarah's other show, You Are Good

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Up First from NPR - What’s Next For Gaza?, Trump Return From Middle East Trip, ICE Tactics

A fragile ceasefire is holding in Gaza as Hamas fighters return to the streets and freed detainees cross back into the strip. President Trump returns from a Middle East trip celebrating the deal that ended the war, even as questions remain about how long it will last. And Immigration and Customs Enforcement agents are ramping up arrest operations in several cities, raising concerns about ICE tactics in American cities.

Want more comprehensive analysis of the most important news of the day, plus a little fun? Subscribe to the Up First newsletter.

Today’s episode of Up First was edited by Miguel Macias, Anna Yukhananov, Gigi Douban, Mohamad ElBardicy and Martha Ann Overland.

It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas

We get engineering support from Stacey Abbott. And our technical director is Carleigh Strange.

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The Intelligence from The Economist - Wrong side of the hack: cybercrime grows

Cyberattacks have brought firms like Jaguar Land Rover and Asahi to a standstill. Our correspondent asks what companies and governments should do about a rising problem. Why it is getting harder to count deaths in Africa. And is eating dark chocolate actually good for you? 


Listen to what matters most, from global politics and business to science and technology—Subscribe to Economist Podcasts+


For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account.

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Code Story: Insights from Startup Tech Leaders - S11 E21: Raja Tabet & Synopsys: The Future of AI & How We Are Building It

Raja Tabet lives in Austin, TX, but grew up overseas in Lebanon. When he migrated to the states for his education, he did not speak English, and had to go through the process of learning the language to fully integrate. He studied computer science for undergrad, and computer engineering for graduate school. And eventually, went to work for companies like IBM, Freescale, and others, prior to landing in his current role. Outside of tech, he has been married for 35 years, and has 3 kids. He and his wife are empty nesters, so they love to travel, hike and explore new areas.

In 2019, Raja joined Synopsys, specifically in their custom design and manufacturing group. A few years ago, and alongside the advent of AI, he changed roles and began building an AI powered solution for electronic design automation, or EDA.

This is Raja's creation story at Synopsys.

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