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Trump vs Musk: A Digital Showdown Shakes Markets + Miner News!
Manage episode 487306262 series 3570269
The Trump-Musk bromance appears to have ended with implications for Bitcoin miners as they recover from a market pullback while Hive Digital and Saluna reveal impressive production updates and expansion plans.
• Trump and Musk's public Twitter feud caused markets to tumble briefly before a swift recovery
• Bitcoin dropped to $101,000 but quickly bounced back above $103,500 showing market resilience
• The feud centered around a proposed government bill and spending concerns
• Hive Digital announced plans to quadruple their hash rate through 2025
• Hive showed a 58% increase in peak hash rate in a single month
• Soluna continues developing their 2.6 gigawatt power pipeline
• UK has opened ETF exposure to British investors after lagging in Bitcoin adoption
• South Korea's president declared Bitcoin a national priority
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Chapters
1. Trump-Musk Bromance Ends (00:00:00)
2. Miners Recover From Market Pullback (00:01:56)
3. Social Media Showdown Impacts Markets (00:03:12)
4. Bitcoin's Resilience Amid Political Drama (00:11:36)
5. Hive Digital's Aggressive Growth Strategy (00:19:25)
6. Saluna's Power Pipeline and Projects (00:28:09)
7. Global Bitcoin Adoption Updates (00:37:28)
319 episodes
Manage episode 487306262 series 3570269
The Trump-Musk bromance appears to have ended with implications for Bitcoin miners as they recover from a market pullback while Hive Digital and Saluna reveal impressive production updates and expansion plans.
• Trump and Musk's public Twitter feud caused markets to tumble briefly before a swift recovery
• Bitcoin dropped to $101,000 but quickly bounced back above $103,500 showing market resilience
• The feud centered around a proposed government bill and spending concerns
• Hive Digital announced plans to quadruple their hash rate through 2025
• Hive showed a 58% increase in peak hash rate in a single month
• Soluna continues developing their 2.6 gigawatt power pipeline
• UK has opened ETF exposure to British investors after lagging in Bitcoin adoption
• South Korea's president declared Bitcoin a national priority
Sign Up for Our Free Weekly Newsletter: https://www.powermininganalysis.com/newsletter
Chapters
1. Trump-Musk Bromance Ends (00:00:00)
2. Miners Recover From Market Pullback (00:01:56)
3. Social Media Showdown Impacts Markets (00:03:12)
4. Bitcoin's Resilience Amid Political Drama (00:11:36)
5. Hive Digital's Aggressive Growth Strategy (00:19:25)
6. Saluna's Power Pipeline and Projects (00:28:09)
7. Global Bitcoin Adoption Updates (00:37:28)
319 episodes
All episodes
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