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CoinDesk Podcast Network - THE MINING POD: Is Bitcoin’s Mining Revenue Model Broken?

Our guest, Cormint CEO James McAvity, makes the case that Bitcoin’s low transaction fees should raise concerns. 


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Welcome back to The Mining Pod! Today, James McAvity, CEO of bitcoin miner Cormint, joins us to talk about a potential, looming existential crisis for Bitcoin: low transaction fee revenue. With transaction fees at only 2% of mining revenue, McAvity argues the current model is unsustainable as rewards halve every four years.

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**Notes:**

• Transaction fees: 1/50th of total block rewards

• 20GW mining capacity running 24/7 globally  

• 70 basis points: current annual BTC issuance

• $30-50K: cost per gigawatt hour electricity

• 2036: block rewards drop to 8 basis points

• $20T: potential future Bitcoin market cap

Timestamps:

00:00 Start

02:32 Is mining cooked?

08:05 Interpreting Satoshi's Goals

13:17 Hot mess or solid roadmap?

20:46 Cleanspark

21:15 Fees in a money protocol

25:44 truested intermediaries

31:42 Monero attack

38:39 Longterm bearish on mining?

44:59 What to do?

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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!


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Newshour - Afghan earthquake rescue efforts continue

Efforts continue in remote eastern Afghanistan to rescue thousands of people hit by Sunday's earthquake, as the number of dead and injured continues to rise. We hear from a health official close to the epicentre.

Also in the programme: Brazil's Supreme Court starts the final stage of former president Jair Bolsonaro's trial on charges of plotting a coup; and an early ‘proof of concept’ study in the US shows it’s possible to identify and destroy dormant breast cancer cells in survivors with a higher risk of their cancer returning.

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Native America Calling - Tuesday, September 2, 2025 – Trump administration pushes for increased logging in Alaska’s Tongass National Forest

The Trump administration is working to remove protections for more than 58 million acres of national forests. A brief public comment period is now open on a plan to rescind the federal government’s 25-year-old Roadless Rule which prohibits road construction and timber harvesting in several states. Environmental groups and leaders of Alaska Native tribes with cultural ties to the Tongass National Forest — the country’s largest national forest — are raising alarms about the plan. The vast temperate rainforest covers 17 million acres and is also the nation’s largest stand of old-growth trees, many of which are at least 800 years old. Advocates warn that road construction and increased commercial logging threaten subsistence hunting, plant harvesting, and fishing. We’ll talk with tribal leaders and others about what’s at stake in Tongass and the future of forest management.

GUESTS

Chuck Sams (Cayuse and Walla Walla), director of Indigenous Programs at Yale Center for Environmental Justice and former National Park Service director

Cody Desautel (Confederated Tribes of the Colville Reservation), president of the Intertribal Timber Council and the executive director of the Confederated Tribes of the Colville Reservation

Mike Jones (Haida), president of the Organized Village of Kasaan

Ilsxílee Stáng/Gloria Burns (Haida), president of the Ketchikan Indian Community

Joel Jackson (Tlingit and Haida), president of the Organized Village of Kake

 

Break 1 Music: Thick as Thieves (song) Blue Moon Marquee (artist) Scream, Holler, and Howl (album)

Break 2 Music: Bounty (song) Deerlady (band) Greatest Hits (album)

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CBS News Roundup - 09/02/2025 | World News Roundup

Congress returns with a packed fall agenda. Chicago preparing for potential immigration crackdown. The search continues for Afghanistan earthquake survivors. Correspondent Steve Kathan has the CBS World News Roundup for Tuesday, September 2nd, 2025


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Cato Podcast - Righting the Endangerment Finding

Join Cato's Alex Nowrasteh and Travis Fisher as they unpack a pivotal moment in climate policy reform. The duo explores Fisher's tenure at the Department of Energy and the groundbreaking report that could reshape the discourse on greenhouse gases.


Travis Fisher, “Why I Helped Organize the Department of Energy’s Climate Report,” Cato at Liberty (August 6, 2025)

Travis Fisher and Joshua Loucks, “The Budgetary Cost of the Inflation Reduction Act’s Energy Subsidies,” Policy Analysis (March 11, 2025)

Patrick J. Michaels, “Cato Releases Report on EPA Endangerment Finding,” News Releases (October 31, 2012)

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Marketplace All-in-One - Some of Trump’s tariffs in limbo

Just before the Labor Day weekend, a federal appeals court struck down many of the Trump administration's tariffs. The decision is on hold until mid-October, giving the White House time to appeal to the Supreme Court. This morning, we'll parse which tariffs are affected and which aren't. Plus, a lack of trade deals is weighing on American farmers, and caps on federal student loan borrowing will go into effect next year.

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Marketplace All-in-One - Shares at Nestlé fall after its CEO is fired

From the BBC World Service: Nestlé boss Laurent Freixe left after the company said he failed to disclose a romantic relationship with an employee; his departure threatens more volatility for the company, which has struggled with lower consumer demand and disruptive U.S. tariffs. Then, Kim Jong Un is making a rare trip outside of North Korea, arriving in China as Xi Jinping hosts Vladimir Putin and other leaders. Plus, one Swiss town weighs rebuilding post-avalanche.