CoinDesk Podcast Network - THE MINING POD: CleanSpark FY 2025 Recap: It’s Not an AI Pivot, It’s an Expansion w/ Matthew Schultz

CleanSpark CEO Matt Schultz joins us to discuss CleanSpark’s fiscal year 2025 earnings.


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Welcome back to The Mining Pod! Today, Matthew Schultz, CEO of CleanSpark, joins us to talk about CleanSpark'sfiscal year 2025 earnings. CleanSpark raked in $766M in revenue for the year, hit the 50 EH/s milestone, and has begun expanding into AI loads. Schultz shares insights on CleanSpark’s partnerships with Submer for cooling solutions, the company’s capital strategy, the potential for hybrid mining-HPC loads at CleanSpark sites, and what the AI revolution means for bitcoin mining in the United States.

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**Notes:**

• $766M in FY 2025 revenue 

• LEadership change refocused company

• Austin Texas site underway

• AI load feasibility being explored for Sandersville, other sites

• $1.15B convertible note almost over subscribed

Timestamps:

00:00 Start

03:15 Overview of fiscal year

07:16 Leadership change

09:43 Texas site development

13:41 Submer cooling solutions partner

18:30 Containerized solutions

21:39 Green field vs retrofit

27:23 Blended AI & mining sites

30:50 Two business lines

36:11 $1.15B note

45:19 Evaluating operators

👉CleanSpark, America's Bitcoin Miner!


CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven track record of success. We own a portfolio of power, land, and data centers across the United States powered by globally competitive energy prices. Sitting at the intersection of Bitcoin, energy, operational excellence and capital stewardship, we optimize our infrastructure to deliver superior returns to our shareholders. Monetizing low-cost, high reliability energy by producing a global emerging critical resource – compute – positions us 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!


CoinDesk Podcast Network - Erik Voorhees: The Danger of Gov Bitcoin, ‘Gross’ Politics, and Losing 50,000 BTC to the SEC

Insights into the past, present and future of crypto with Erik Voorhees.

Follow the podcast ⁠⁠⁠⁠⁠⁠⁠here⁠⁠⁠⁠⁠⁠⁠.

Venice.ai founder Erik Voorhees joins "CoinDesk Spotlight" to discuss his prediction of a sovereign bond market collapse and the predominant role of bitcoin in that future. Voorhees explains why he is fundamentally against a U.S. strategic bitcoin reserve, why crypto lobbying is "gross," and his thesis that cryptocurrency was actually built for AI agents.

- This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. -

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Timestamps:

01:20 - Voorhees' First Memory of Money Mattering
04:00 - Discovering Bitcoin As a Solution to the Financial Crisis
06:13 - Could Bitcoin Replace Gold Completely?
07:17 - When Will There Be A Complete Financial Collapse?
10:47 - The Separation of Money and State
13:57 - Why Voorhees is Divided on Governments Holding Bitcoin
15:53 - Crypto Industry Engagement with Politicians Is "Gross"
19:49 - Voorhees' History with the SEC
21:48 - From Satoshi Dice to Prediction Markets
24:09 - What Does "Sufficiently Decentralized" Actually Mean?
27:35 - Ethereum's Trajectory
29:07 - Voorhees Predicts Base Will End Up the Predominant L2
32:01 - Sci-Fi and Technological Optimism
34:06 - Learnings from ShapeShift's DAO Structure
38:01 - Venice AI: Separation of Mind and State
40:24 - How Do We Avoid a Dystopian Future?
43:19 - How Venice AI Differs from ChatGPT and Gemini
47:46 - Unprogramming Human Instincts for Privacy
50:24 - The VVV Token
54:25 - Crypto is Built for AI Machines
56:56 - How He Lost 50K BTC Fighting The SEC

-

This episode was hosted by Jennifer Sanasie. “CoinDesk Spotlight” is produced by Sam Ewen, Jennifer Sanasie, Taylor Fleming and Victor Chen.

CBS News Roundup - 12/02/2025 | World News Roundup

Another winter storm is on the way for a swath of the US. Congress is probing a double strike on an alleged drug boat in the Caribbean. US special envoy Steve Witkoff meets with Russian president Vladimir Putin today to discuss ending the Russia-Ukraine war. CBS's Deborah Rodriguez has these stories and much more in today's World News Roundup.

To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy

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Marketplace All-in-One - Costco wants its tariff money back

If Trump's tariffs are illegal, Costco wants a refund. The lawsuits that brought President Trump’s tariffs before the Supreme Court last month were led by small businesses and Democratic state attorneys general, but now it’s bigger companies — including Costco — that are suing to make sure they’re in line for a refund if tariffs are struck down. Plus, "Marketplace Morning Report" is heading to the moon this week for views on an emerging lunar economy.

Marketplace All-in-One - The U.K. agrees to pay more for American meds

From the BBC World Service: The U.K. government has hailed a deal with the United States to keep tariffs on U.K. pharmaceutical shipments into the U.S. at zero, but the agreement comes with a cost. Then, Hong Kong's leader said serious problems in the city's construction industry, as well as oversight, were exposed in last week’s deadly high-rise fire. And, what's behind recruitment problems at Europe's air traffic control?

Cato Podcast - NIH’s Lost Mission

Cato adjunct scholars Terence Kealey and John Early join Ryan Bourne to discuss the pair's new Cato working paper Mission Lost: How NIH Leaders Stole Its Promise to America. Kealey and Early detail how the National Institutes of Health's shift from financing mission-led research to funding basic science has reduced its effectiveness in improving Americans' health, all the while crowding out cutting-edge commercial science, and funnelling taxpayer dollars to a range of questionable projects.

Hosted on Acast. See acast.com/privacy for more information.

WSJ What’s News - OpenAI Issues ‘Code Red’ as AI Rivals Gain Ground

A.M. Edition for Dec. 2. OpenAI declares “code red” in a memo to employees, as its lead in the AI race narrows. WSJ’s Berber Jin explains what has OpenAI CEO Sam Altman rattled and what this all means for investors. Plus, Democrats hope a tight special election in Tennessee today can flip a consistently Republican district in their favor. And, what will Disney look like without Bob Iger? WSJ entertainment reporter Ben Fritz has got the inside scoop on the top contenders jockeying to succeed him. Caitlin McCabe hosts.


Sign up for the WSJ’s free What’s News newsletter.

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Marketplace All-in-One - The Emotionally Awkward Cost of Money, from “Alive with Steve Burns”

Reema and the team are working on some updates to the podcast that will arrive in your feeds in the new year. You’ve been telling us you want more TIU and we heard you. Stay tuned to this feed for more soon… 


In the meantime, if you’re looking for something that gets you thinking about the emotional side of money, you’ll enjoy Reema’s recent guest appearance on “Alive with Steve Burns.” Reema and Steve dig into what she’s learned about money over the years and why talking about finances can feel so strangely vulnerable and awkward. 


To hear more episodes, follow “Alive with Steve Burns” wherever you get your podcasts or head to: https://lemonada.lnk.to/AlivewithSteveBurnsfd

Marketplace All-in-One - How far away are we from humanoid robots doing our chores?

Robots are commonplace in factories, and increasingly in warehouses like those run by Amazon. But what about robots to help with household chores — so-called humanoids to load the dishwasher or fold the laundry?


To find out, we checked in with Ken Goldberg, professor of engineering at UC Berkeley and co-founder of the AI and robotics company Ambi Robotics. He spoke to Marketplace’s Nova Safo en route from a robotics conference in China.