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CoreWeave's $23B IPO, Crusoe Ditches Bitcoin Mining, and Riot's Bid For Rockdale Assets
Manage episode 473883982 series 2592246
Welcome back to The Mining Pod! This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze CoreWeave's IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe's mining operations exit to NYDIG, Riot's $185M offer for Rhodium's Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
- Difficulty adjustment estimated at 5.6%
- Hash prices at $48.63 per hash per day
- Network hash rate approaching 850 EH/s
- Core Weave IPO reduced to $1.5B from $4B
- Riot offering $185M for Rhodium assets
- Crusoe selling all mining operations to NYDIG
Timestamps:
00:00 Start
02:16 Hashrate Forecast
04:56 What’s up with CoreWeave?
06:31 Kramer video
17:38 Crusoe Sells Assets to NYDIG
21:52 Riot and Rockdale
25:37 Cry Corner: CATS, Wizards vs Ocean
Learn more about your ad choices. Visit megaphone.fm/adchoices
418 episodes
Manage episode 473883982 series 2592246
Welcome back to The Mining Pod! This week, we dive into Bitcoin's difficulty adjustments with hash rate approaching 850 EH/s while miners face compressed hash prices at $48.63. We analyze CoreWeave's IPO reduction from $4B to $1.5B amid market skepticism. Plus, breaking news on Crusoe's mining operations exit to NYDIG, Riot's $185M offer for Rhodium's Rockdale assets, and the hilarious irony of anti-ordinals Ocean Mining processing Taproot Wizards transactions.
Subscribe to the newsletter! https://newsletter.blockspacemedia.com
Notes:
- Difficulty adjustment estimated at 5.6%
- Hash prices at $48.63 per hash per day
- Network hash rate approaching 850 EH/s
- Core Weave IPO reduced to $1.5B from $4B
- Riot offering $185M for Rhodium assets
- Crusoe selling all mining operations to NYDIG
Timestamps:
00:00 Start
02:16 Hashrate Forecast
04:56 What’s up with CoreWeave?
06:31 Kramer video
17:38 Crusoe Sells Assets to NYDIG
21:52 Riot and Rockdale
25:37 Cry Corner: CATS, Wizards vs Ocean
Learn more about your ad choices. Visit megaphone.fm/adchoices
418 episodes
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