CoinDesk Podcast Network - THE MINING POD: The Trumps Mine BTC Now: Inside American Bitcoin w/ Matt Prusak

Hut 8 is splitting its mining business into a new subsidiary, American Bitcoin, with backing from Eric Trump and Donald Trump Jr. Here’s why.


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Welcome back to The Mining Pod! Today, Matt Prusak, CEO of American Bitcoin, joins us to discuss the strategic partnership between HUT 8 and the Trump family for its latest subsidiary, American Bitcoin. Hut 8 is reallocating nearly all of its self-mining assets (10 EH/s) to American Bitcoin and taking an 80% stake in the company. Prusak explains why Hut 8 has taken this approach to focus self-mining efforts with American Bitcoin while the parent company focuses on energy, infrastructure, and AI. Plus, he touches on American Bitcoin’s ambitious plans to reach 50 EH/s and the company’s plans to go public.


# Notes:

- HUT 8 allocated mining assets for 80% stake

- Starting with 10 EH/s, targeting 50 EH/s

- American Bitcoin will build own Bitcoin treasury

- Emphasizes "America First" Bitcoin ethos

- Plans to go public in the future

- Targeting sub-15 joules per terahash efficiency


Timestamps:

00:00 Start

01:45 Starting American Bitcoin

02:49 Business structure

03:43 What does Hut 8 gain?

04:52 AI & HPC pivot

06:19 New pools of capital?

07:32 New facilities?

08:21 Hut 8 & Bitmain deal

09:27 Roadmap

10:19 Power generation

12:00 Favoring domestic hardware?

13:28 Dividing responsibilities

14:41 Separate treasuries?

14:52 Financials & IPO

16:29 Two public companies

18:58 Fundraising

21:41 Balancesheets

22:58 Hut 8 expenses

26:36 Vibe shift


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CBS News Roundup - 04/08/2025 | World News Roundup

President Trump is optimistic he can work out tariff deals with trading partners. Supreme Court rules on controversial deportations. Florida takes the NCAA title. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Reset with Sasha-Ann Simons - What’s That Building? Chicago’s Newest Museum

Calling all Chicago history buffs: the city’s newest museum is spotlighting an undertold story of Chicago’s past. It’s also now open in the only surviving building of the historic Jane Addams homes, Chicago’s first public housing development. Architecture expert Dennis Rodkin takes us inside. For a full archive of Reset interviews, head over to wbez.org/reset.

Up First from NPR - Trump’s Tariff Response, Economics of Tariffs, SCOTUS Rules on Deportations

President Trump faces questions on whether tariffs will remain in place as he welcomes trade negotiations with other countries. Forecasters warn of a heightened risk of recession as tariffs could mean higher prices and slower economic growth. And, the Trump administration has two legal wins in its efforts to crackdown on immigration.

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Today's episode of Up First was edited by Roberta Rampton, Rafael Nam, Andrea de Leon, Lisa Thomson and Janaya Williams.
It was produced by Ziad Buchh, Nia Dumas and Christopher Thomas. We get engineering support from Neisha Heinis and our technical director is Carleigh Strange.


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Code Story: Insights from Startup Tech Leaders - S10 E27: Gino Ferrand, Tecla.io

Gino Ferrand is originally from Peru, and moved to the United States when he was 12 years old. Now, he lives in Seattle, and is enjoying all that the Northwest has to offer. He's very much into sports, specifically soccer, and plays in an indoor league with a great community. He loves to travel, and gets to often with the world he does. And when it comes to food, he is very evangelistic about Peruvian food, and encourages people to try every chance he gets.

Gino attend the University of San Diego, and was really into startups. He was building mobile games for the iPhone in 2012, while living back in Peru for a short time. He hired a few engineers from back home, and this started him on the journey of understanding the great talent in South America.

This is the creation story of Tecla.

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Headlines From The Times - New Leadership, High-Tech Tariffs & Renters’ Relief

Los Angeles gets a new deputy mayor for public safety as former FBI agent Robert Clark. The Supreme Court pauses a controversial deportation case that could reshape immigration power. Apple and other tech giants brace for Trump’s sweeping tariffs, with iPhone prices projected to soar. And a new California bill could require landlords to provide kitchen appliances—finally catching up with the rest of the country.

The Intelligence from The Economist - Economies of sail: migrant-smuggling entrepreneurs

More than 36,000 migrants crossed the English Channel in small boats last year. Our correspondent investigates the increasingly sophisticated business strategies of the criminals who smuggle them. As the planet heats, wildfires in East Asia are becoming fiercer and more frequent (10:36). And why ordinary Americans are falling out of love with their former international allies (18:31).


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Take This Pod and Shove It - 86: “Time” by Tobacco City, w/ Caleb Doyle

This week we are joined by music writer Caleb Doyle (of Nightswimming music blog) to discuss Chicago alt country band Tobacco City. We add the Tobacco City song "Time" from their excellent 2025 album Horses to our Ultimate Country Playlist. Check out our playlist and the entire Horses album!

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The Daily Detail - The Daily Detail for 4.8.25

Alabama

  • Sen Tuberville says pushing men into women's sports is only priority of Dems
  • More protests funded by George Soros were held in Huntsville this weekend
  • HHS announces cuts to grants that include UAB study for pushing C-19 vax
  • Governor's Comm Team edits press release on board member for new school who compared Trump admin to Nazi Germany
  • A Safe Haven Baby Box is coming to Foley, to be the 16th installed in state
  • APLS chairman John Wahl writes letter to Fairhope residents over library funding/books issue

National

  • SCOTUS lifts injunction against Trump deporting Venezuelans from US
  • Chief Justice blocks lower court and return of MS13 gang member to US
  • DOGE official finds millions of illegals getting Medicaid and on voter rolls
  • House committee to question WH doctor on Joe Biden's mental decline
  • Colorado poised to pass a law that removes child from home if parents do not affirm their gender dysphoria
  • Biotech company clones an extinct wolf species through CRISPR and fossilized DNA

The Daily Signal - Trump Cabinet Divided on Tariffs, SCOTUS Rules Against Boasberg | April 8, 2025

On today’s Top News in 10, we cover:

  • Trump signals possible strategy switch on tariffs while taking questions during a visit with Israel’s prime minister.
  • The Supreme Court delivers a MAJOR ruling in favor of the Trump administration.
  • A bill in Colorado would make it “child abuse” for parents not to affirm their child’s “transition.”



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