We take a closer look at the impact of the newly imposed US tariffs and hear from Lesotho - at 50% it is one of the hardest hit countries. Does the small landlocked country have a backup plan for its industries?
Algeria says it shot down a military drone near the border with Mali, while Mali says one of its unmanned aircraft crashed. The incident comes amid escalating tensions between Algeria and its southern neighbour. So why have the two countries grown apart?
And why are so few wildlife safaris owned and run by black people on the continent? We hear from one Ugandan man who went from being a tour guide, to setting up his own successful safari business.
Presenter: Audrey Brown
Producers: Sunita Nahar, Amie Liebowitz and Yvette Twagiramariya
Senior Producer: Patricia Whitehorne
Technical Producer: Pat Sissons
Editors: Alice Muthengi and Andre Lombard
Two stories dominated headlines this week, and they both have to do with Trump: Hut 8 launches a new Trump-back subsidiary, American Bitcoin, and blanket tariffs are set to disrupt everything from auto sales to ASIC miner imports.
Welcome to The Mining Pod's news roundup! Colin Harper and Matt Kimmel are joined by special guest Ethan Vera, the COO of Luxor, to discuss one of the most electric weeks for bitcoin mining news this year. They break down Hut8's new Trump-affiliated subsidiary American Bitcoin, Galaxy Digital's 15-year, $4.5 billion hosting agreement with CoreWeave, and how the Trump administration's blanket tariffs are bad news for miners and could lead to a 20-30% rise in ASIC miner prices. Plus, they cover Cango’s proposal to sell its auto-finance business to a Bitmain-linked entity for $352 million, and for this week’s cry corner, why Jack Dorsey thinks Lightning just isn’t cutting it.
# Notes:
- Hash price at pre-election lows of $40/PH/s/day
- Hut 8’sTrump-backed American Bitcoin
- Galaxy-CoreWeave deal worth $4.5B over 15 years
- New tariffs that will impact miners: 36% Thailand, 32% Indonesia, 24% Malaysia
-Cango proposes to sell its autofi business for $352 million
- Jack Dorsey: "We can do better than Lightning"
Timestamps:
00:00 Start
01:50 Difficulty Report
04:58 Trumps enter BTC mining
11:14 Galaxy CoreWeave deal
16:14 Tariffs are taxes
25:14 Cango Exits Auto Business
30:40 Cry Corner-LN a failure?
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Published twice weekly, "The Mining Pod" interviews the best builders and operators in the
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Did the successive national shocks of the past half-century lead to the shock of "Liberation Day"? That was the focus of my COMMENTARY daily newsletter from yesterday, and today we use that newsletter as a launching point to discuss Trump's tariffs, the public's reaction, and if we ever lived in "normal" times. Give a listen.
Alejandro and Julia of theluddite.org join us to debunk some terrible AI research, and the bad reporting compounding the problems on top of that. Also, what is AI? Can it ever think for itself?
Are you an expert in something and want to be on the show? Apply here!
This content is CAN credentialed, which means you can report instances of harassment, abuse, or other harm on their hotline at (617) 249-4255, or on their website at creatoraccountabilitynetwork.org.
It's shaping up to be another bad day for stocks after tariff concerns sparked a nose dive yesterday. National security firings. Deadly storms in the Midwest and South. CBS News Correspondent Steve Kathan has today's World News Roundup.`
The Art Institute's Frida Kahlo’s Month in Paris: A Friendship with Mary Reynolds explores a pivotal moment in Kahlo’s career. Reset sits down with Caitlin Haskell, Gary C. and Frances Comer senior curator of Modern and Contemporary Art, one of the curators behind the exhibition to learn more about the two artists’ friendship and their connection to the surrealist art movement.
This exhibition will be open now until Sunday, July 13, 2025. Tickets are an additional $5 in addison to a general admission.
For a full archive of Reset interviews, head over to wbez.org/reset.
Steep new tariffs are set to take effect at midnight on nearly everything the U.S. imports. Big businesses are losing market value and small businesses feel like they're caught in the middle of something they can't control. And, a number of National Security Council staffers have been fired after President Trump met with a far-right activist.
Today's episode of Up First was edited by Pallavi Gogoi, Lisa Thomson and Alice Woelfle. It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Damian Herring. Our technical director is Carleigh Strange and our Executive Producer is Jay Shaylor.
South Korea has been paralysed since its president declared martial law in December. Even after his impeachment, politicians face a divided polity and battered economy. Why governments should pay attention to the “Henry” – High Earner, Not Rich Yet (9:49). And what tiffs over tofu teach us (15:38).
There is no sludgier place in America than Washington, D.C. But there are signs of a change. We’ll hear about this progress — and ask where Elon Musk and DOGE fit in. (Part two of a two-part series.)
Trump’s sweeping tariffs send markets into a tailspin—and some fear a recession could be next. Schools across the country are on a 10-day countdown to drop DEI programs or lose billions in funding. In Woodland Hills, a luxury apartment complex is getting an affordable housing makeover. And in Hollywood, soundstages sit eerily empty as production slows and lawmakers scramble to save California’s film industry.
