Cato Podcast - Trade, Power, and Tension: The U.S.-China Story

Justin Logan and Clark Packard break down the twists and turns of the U.S.-China relationship—from trade liberalization and consumer benefits to lost manufacturing and rising geopolitical tensions. They unpack how economic integration shaped today’s challenges and what it means for America’s future.


Justin Logan, “Liberty at Home, Restraint Abroad: A Realist Approach to Foreign Policy,” Free Society (June 20, 2024) 

Justin Logan, “Uncle Sucker: Why U.S. Efforts at Defense Burdensharing Fail,” Policy Analysis no. 940 (March 7, 2023) 

Clark Packard, Course Correction, Policy Analysis no. 897 (July 21, 2020)

Clark Packard and Scott Lincicome, “Presidential Tariff Powers and the Need for Reform,” Briefing Paper no. 179 (October 9, 2024)


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CoinDesk Podcast Network - THE MINING POD: Leadership Change, 50 EH/s, and HPC W/ CleanSpark’s Harry Sudock

What does CleanSpark’s leadership transition mean for the bitcoin miner?


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Welcome back to The Mining Pod! Today, Harry Sudock from CleanSpark joins us to talk about the company's major leadership transition with CEO Zach Bradford's departure and Matt Schultz taking the helm. We dive into CleanSpark's impressive growth to 50 EH/s, their pure play mining strategy versus the industry's pivot to HPC/AI, and how they're managing a $680M convertible bond. Harry shares insights on fleet efficiency, power portfolio optimization, and the strategic optionality their strong cash flow provides. 





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**Notes:**

  • CleanSpark hits 50 EH/s installed capacity
  • $680M convertible bond raised in December
  • Over 1 gigawatt power under contract
  • CEO transition after 6 years leadership
  • Strong cash flow drives optionality
  • Coinbase credit line for tactical moves


Timestamps:

00:00 Start

02:04 CEO stepping down

03:29 Mining only, no HPC

05:36 More management changes?

08:26 Operations & cashflow

12:36 Colorado Air Filter

16:21 ASIC purchases

19:06 Status of 10 exahash

22:08 Cleanspark

22:38 Debt & growth

27:31 Treasury strategy



👉CleanSpark, America's Bitcoin Miner!


CleanSpark (Nasdaq: CLSK), America's Bitcoin Miner!®, is a market-leading, pure play Bitcoin miner with a proven track record of success. They own a fully self-operated portfolio of mining facilities across the U.S. powered by globally competitive energy prices. CleanSpark sits at the intersection of Bitcoin, energy, operational excellence and capital stewardship to monetize low-cost, high reliability energy while securing the most important finite, global asset – Bitcoin.


👉 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.


👉 Colorado Air Filter, Leaders In Mining HVAC Solutions!


Pick from 6 different filtration brands from MERV 8 pleats to HEPA filters. Get your mine in top shape before the heat and dust of this summer comes! Contact sales@coloradoairfilter.com


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!



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Marketplace All-in-One - Outsourced jobs threatened by AI

Experts are still in the early stages of understanding just how much generative AI will disrupt the labor force. A new report by MIT finds that the adoption of AI led some firms to cut back spending on jobs that were often already being outsourced — things like customer support, software engineering, and administrative tasks. We'll learn more. Also: the dollar's role as the world's "reserve currency" and a $2 billion lifeline for Intel.

Marketplace All-in-One - Intel secures a $2 billion investment

From the BBC World Service: Japan’s SoftBank has invested $2 billion in U.S. chipmaker Intel, which has been losing ground lately in the booming AI market. It also comes as the U.S. government weighs whether to take a direct stake in the company. And, as historic White House talks spark hopes of a Putin–Zelensky summit, the war in Ukraine grinds on, with Russia turning to North Korea to plug major labor gaps.

You're Wrong About - The Insanity Defense with Mackenzie Joy Brennan

What do John Hinckley Jr. and a jazz age tuberculosis patient have in common? Legal correspondent ​​Mackenzie Joy Brennan takes Sarah through some of the strange cases that helped make—and break—the insanity defense in America. Our story includes a woman who carried her (alleged) victims’ bodies around in a suitcase, and the attempted assassination of Ronald Reagan—carried out with the intention of impressing a young Jodie Foster.

More Mackenzie Joy Brennan:

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Code Story: Insights from Startup Tech Leaders - S11 E13: Matt Hamann, Rownd

Matt Hamann knew he was going to be in tech way back in his younger days. His Dad worked for IBM, so there were always fun things to talk about and play with. He got his first family computer when he was 4 years old, and started programming BASIC when he was 8. Eventually, they got dialup through AOL - and he took off building websites with PHP & MySQL. Outside of tech, he is married with 3 kids. He loves to travel and spend time with his family. He also plays several instruments, including the piano and pipe organ, and enjoys tinkering with smart home devices.

Right around the time of the pandemic, Matt and his co-founder were pitching a new company idea in Y Combinator, around data privacy. After receiving the feedback that there wasn't a big market for the original idea, they started to jam on ideas on how to pivot - and quickly landed on how cool it would be to have password-less authentication.

This is the creation story of Rownd.

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Headlines From The Times - Newsom Pushes Special Election, Zelensky Rejects Putin’s Peace Talk, LA28 Naming Rights Deal, DC Homeless Crackdown

Governor Gavin Newsom calls a November special election to redraw California’s congressional maps in a bid to favor Democrats, sparking criticism over undermining the state’s independent process. President Trump prepares for a surprise U.S.-Russia summit in Alaska, as Ukrainian President Volodymyr Zelensky warns Vladimir Putin is bluffing about peace. LA28 secures a historic deal allowing corporate naming rights for 2028 Olympic venues. In Washington, D.C., federal officials clear homeless encampments under Trump’s crime crackdown. In business, an unusual chip deal between Trump and tech giants draws legal concerns, while OpenAI’s GPT-5 launch meets mixed reviews.

WSJ What’s News - Trump Pushes for Peace Summit with Putin and Zelensky

A.M. Edition for Aug 19. President Trump is calling for a three-way summit with Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin, after an Oval Office meeting with NATO and European leaders ends with the path to peace still uncertain. Plus, SoftBank invests $2 billion in embattled chip maker Intel. And, in the first part of our series on The Price of Parenting, WSJ’s Sandra Kilhof and Te-Ping Chen discuss what it’s like to support a family with a modest income in America. Azhar Sukri hosts.

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