On this week’s roundup, we touch on the CoreWeave and Core Scientific acquisition, IREN’s new AI GPUs, and more.
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Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technology joins us to discuss CoreWeave's $9 billion acquisition of Core Scientific, IREN’s $130 million Nvidia GPU purchase, hashprice hitting $60 for the first time since February, summer hashrate curtailment, and why transaction fees are so low. Plus, why Bit Digital and BIT Mining are becoming altcoin treasury companies.
**Notes:**
• CoreWeave to acquire Core Scientific for ~$9 billion
• Hash price reaches $60 per terahash per day
• Bitcoin fees in sats/vb lowest since March 2012
• IREN purchases 2,400 Nvidia Blackwell GPUs
• Difficulty adjustment expected +7.3%
• Bit Digital pivots to Ethereum treasury
Timestamps:
00:00 Start
01:50 Difficulty Report by Luxor
06:00 CRWV < > CORZ deal
15:20 Fractal Bitcoin
16:00 IREN Blackwell purchase
22:14 Transaction update,
26:04 Hashrate Futures contracts
35:52 Bit Digital/BIT Mining Pivots
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