Author: CoinDesk

Lots going on in public markets this week as Cleanspark announced the planned purchase of Bitcoin miner Griid, while a few private miners made public ambitions known.

Will, Charlie and Matt jump back behind the mic to chomp on this week’s Bitcoin and Bitcoin mining news–and what a week it was! We cover Cleanspark’s plans to purchase Bitcoin miner Griid, Northern Data and Genesis Digital Assets (GDA)eyeing public markets for the first time and we wrap up with a short local story on ASIC theft. 

Timestamps:

00:00 Start

05:18 Cleanspark Acquisition

14:07 Northern Data IPO

20:05 GDA IPO

26:28 Bad Boys: ASIC thief

28:08 Ordinals number go down :(

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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! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

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"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset.  Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from Kraken seeking nuclear energy for data centers to Biden's increasing odds of dropping out on Polymarket.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as crypto exchange Kraken considers using nuclear energy as a power source for its data centers. Plus, Nigeria's money laundering trial against Binance and two executives was adjourned until July 5. And, the odds that President Biden drops out of the race for the White House hit an all-time high of 60% on Polymarket.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie and Bitwise Asset Management Senior Investment Strategist Juan Leon.

To get the show every day, follow the podcast here.

Bitwise Asset Management Senior Investment Strategist Juan Leon joins CoinDesk with insights on the position of bitcoin, ether, and Coinbase shares in a portfolio. Plus, the latest market trends as U.S. Presidential election heats up, and an outlook on the spot SOL ETF applications in the U.S.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Victor Chen, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Jose Macedo of Delphi Digital and Ari Paul of BlockTower Capital talk about why a crypto asset can have wildly different prices in the public and private markets, and how they try to figure out what it’s really worth.

Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Overcast, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.

The problem of low float, high fully diluted valuation (FDV) coins is one that is frequently discussed in crypto. But there’s another wrinkle: investors need to understand the unrealized gains of these coins to really understand the price. 

In this episode, Jose Macedo of Delphi Digital and Ari Paul of BlockTower Capital explain the various metrics that reveal what a coin is really worth, why a wave of token unlocks that will be hitting the crypto markets in the next few years are not bullish, and whether there is a better way to design token unlocks for teams and insiders. 

Plus, they cover whether venture capitalists are extractive to crypto, whether these games with circulating supply and FDV have caused investors to turn to memecoins, and why they believe the ICO era was better for retail investors. 

Show highlights:

• Why upcoming token unlocks are creating market jitters
• How the ratio of unrealized gains to market cap influences token price movements 
• How some token projects manipulate their reported circulating supply
• Whether and how everyday investors can uncover the truth about token projects
• What secondary market trading says about the potential impact of upcoming token unlocks
• Why Jose believes that the current token launch strategy, despite its flaws, is still favored by insiders and unlikely to change soon
• Why some projects favor decisions that are more likely to result in short-term gains over long-term success
• Why Jose believes that simple time-based token unlocks often work better than complex metrics, and how projects can balance funding with realistic success metrics
• Why Ari believes the SEC's investigations into VCs for acting as securities dealers might be justified, and how these practices resemble pump-and-dump schemes
• With numerous token unlocks looming, why the outlook is bearish for many projects, and what challenges they face in mitigating potential sell-offs
• Why many crypto investors might end up holding the bag in the current cycle, despite plans to sell early and avoid losses
• What the future role of VCs is in crypto, and how the influx of token unlocks and the rise of memecoins could shape the bull cycle

Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com

Thank you to our sponsors!

• Polkadot

Guests:

• Jose Macedo, founder at Delphi Labs
• Ari Paul, CIO of BlockTower Capital
• Previous appearances on Unchained:
• 
  
• Ari Paul on Why Bitcoin Is a Good Value Buy
• 
  
• Ari Paul of BlockTower Capital on the Crypto Downturn and Why It Could Change Direction

Links :

High FDV and unlocks:

• Unchained:
• How ‘Fully Diluted Valuation’ Can Be a Very Dangerous Metric for Crypto Markets to Rely On
• Who’s to Blame for the Underperformance of Low Float, High FDV Tokens?
• 80% of Tokens on Binance Are Down Since Listing Date: SwissBorg Researcher
• Cobie newsletter: New launches (part 1) - private capture, phantom pricing
• Rocknblock: Token vesting explainer
• CoinDesk: 'Liquid Vesting' Is Oxymoronic Blockchain Feature That Lets Early Investors Sell Without Waiting
• Jose’s thread that inspired the episode
• Ari’s post responding to Jose’s thread
• Token.unlocks.app: Token vesting tracker

Solutions:

• Hack VC: Potential Solutions to Crypto's Unlock Problem
• Colony Lab: Early-Stage Program & Liquid Vesting
• Imran Khan’s tweet on Blast https://x.com/lmrankhan/status/1806040646433522149 

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Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

By some metrics, Antpool has over 50% of Bitcoin’s hashrate through proxy pools. Is this a threat to Bitcoin?

Industry expert Ian Descôteaux from Pow.Re discusses evidence of pool consolidation, risks to Bitcoin, and potential solutions for decentralization. This podcast explores the growing centralization of Bitcoin mining pools, focusing on proxy pools and their potential impact on the network.

Timestamps:

00:00 Start

02:48 Checksum's bio

03:34 Canada & South America hash rate

06:42 Mining pool centralization

09:14 Proxy pools

11:57 Proxy pool diagram

13:57 F2Pool use proxy?

15:14 F2Pool block template

16:09 Cobo yield & risk

19:31 Merkle tree evidence

25:28 UTXO accelerator

29:59 Selfish mining & 51%

33:35 Covenants

36:26 Antpool incentives

38:38 Block withholding attacks

40:17 How to fix?

43:32 Are new pools likely?

45:52 Final thoughts

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! 

👉 Check out Bitcoin Season 2 and The Gwart Show.

👉 Watch our newest documentary, The Big Empty!

Follow our host on Twitter, @wsfoxley.

-

Thank you to our sponsor, CleanSpark, America’s Bitcoin miner! And thank you to Foreman Mining, Master Your Mining!

"The Mining Pod" is produced by Sunnyside Honey LLC with Senior Producer, Damien Somerset.  Distributed by CoinDesk with Senior Producer Michele Musso and Executive Producer Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from Circle's stablecoin license in the EU to Polymarket's record volume in June.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as Circle became the first global stablecoin issuer to comply with the EU's MiCA regulatory framework. Plus, Polymarket recorded over $100 million of volume in June on U.S. election enthusiasm. And, Silvergate Bank's $63 million settlement with regulators.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie and Circle Chief Strategy Officer and Head of Global Policy Dante Disparte.

To get the show every day, follow the podcast here.

Circle Chief Strategy Officer and Head of Global Policy Dante Disparte breaks down the stablecoin issuer's journey to secure an Electronic Money Institution (EMI) license under the MiCA regulatory framework. Plus, insights on developments in crypto regulation around the world.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Victor Chen, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Host Jennifer Sanasie breaks down the news in the crypto industry from the U.S. Treasury releasing its tax regime for crypto to the SEC's lawsuit against Consensys.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as the U.S. Treasury Department issued its long-awaited tax regime for cryptocurrency transactions. Plus, the U.S. SEC alleged MetaMask's Swaps and staking products violated federal securities laws in a lawsuit against Consensys. And, Sony's plan to restart crypto exchange, Whalefin.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The latest price moves and insights with Jennifer Sanasie and 21Shares Head of U.S. Business Federico Brokate.

To get the show every day, follow the podcast here.

21Shares Head of U.S. Business Federico Brokate joins CoinDesk to discuss recent recovery in bitcoin's (BTC) price. Plus, insights on the evolving landscape of crypto ETFs and the intersection between traditional and decentralized finance.

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This episode was hosted by Jennifer Sanasie. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Victor Chen, alongside Senior Booking Producer Melissa Montañez. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

From the Consensus stage, this episode focuses on the future of immersive technologies, underlining how brands and creators are utilizing these platforms to drive community engagement and social responsibility initiatives.

In this episode, we bring you another conversation from Consensus where we delve into how various brands are leveraging the metaverse and immersive technologies for social good, featuring insights from industry leaders: Justin Breton of Walmart, Adam Shlachter of Niantic, Winnie Burke of Roblox and moderated by Laurie Keith of Ad Council. Topics include Walmart’s virtual initiatives, innovations spotlighted at the Cannes Lions Festival, the impact of celebrity tokens on culture and commerce and media licensing within the evolving landscape of AI. This episode was recorded live at Consensus 2024 in Austin, TX.

Links mentioned from the podcast: 

• Justin Breton’s Twitter
• Laurie Keith’s Twitter

Watch this episode on video:

• YouTube
• CoinDesk

Follow us on Twitter: 

• Sam Ewen, Avery Akkineni, CoinDesk, Vayner3

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Safe (formerly Gnosis Safe) is the ownership layer of web3 with the most battle tested smart accounts. Trusted to secure over $100 billion, Safe offers unparalleled usability and security for individuals, DAOs, and institutions. Experience true digital ownership with Safe's flagship web and mobile wallet and its leading account abstraction infrastructure. Get started today at safe.global.

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"Gen C" features hosts Sam Ewen and Avery Akkineni. Executive produced by Jared Schwartz and produced by Uyen Truong. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.