With over 200 shows, The Mining Pod is the industry’s best resource for the latest news and strategies in Bitcoin mining. Trusted by over 3,000 subscribers, inc...
Welcome back to The Mining Pod! Today, Denis Rusinovich, a partner at the Cryptocurrency Mining Group, speaks to Colin about the particulars of the Russia bitcoin mining ban. News broke in December that Russia would be banning bitcoin mining in 10 regions, effective January 1, 2025 through March 15, 2031. Only the ban is not an all-out ban like the first wave of reporting would have us all believe. For today’s show, Rusinovich sets the record straight and gives us a rundown of the miners who are actually affected by the ban.
Timestamps:
00:00 Start
03:09 Defining the "ban"
07:42 Legalizing mining
09:07 Identifying miners for regulation
10:22 The scope of Bitcoin mining in Russia
13:16 Subsidizing residential miners
15:50 Effect on global hashrate
17:09 Kazakhstan
22:59 Russia energy crisis?
25:54 Grid balancing
30:40 Oil & gas production areas
32:04 Chechnya
33:16 What regions have the most activity?
36:22 Miners vs hosting
37:42 Taxes
38:47 Where is investment capital coming from?
42:08 Hosted miners
43:17 Future of Russia mining
45:21 Wrap up
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!
👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!
👉 Check out Bitcoin Season 2 and The Gwart Show!
Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell
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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!
"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
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45:55
Solving Ordinals Sniping w/ MagicEden (Bitcoin Season 2)
This is a crossposted podcast from Bitcoin Season 2. We've got Stephen & Matthew, engineering & product on the Bitcoin side of MagicEden, explaining how the platform combines cutting edge tech w/ intuitive product design.
Follow our guests: @MakeTokensFun @summraznboi
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Follow our host on X: @cbspears
Bitcoin Season 2 is proudly presented by Blockspace Media, Bitcoin’s first B2B publication in Bitcoin.
Follow us on X and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!
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Timestamps:
00:34 Intro
02:19 Roles in Magic Eden, Joining Ordinals
05:57 Growth in Bitcoin Ecosystem & Magic Eden’s Vision
07:13 Expanding Beyond Ordinals: Runes & Ecosystem Building
10:56 Marketplace Challenges & Collaboration in Engineering
20:33 User Benefits: Shield Icon, Mempool Fix & Cart Optimization
30:06 New Trading Features & Improved User Experience
33:11 Enhancing Liquidity & Making Runes Accessible
38:18 Mobile Launch & Broader Market Adaptation
42:28 Magic Eden’s Future in Bitcoin Community & Challenges
45:56 Future Outlook on Bitcoin Economy & Innovation
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48:37
Russia Bitcoin Mining Ban, BitFuFu’s 80k ASIC Order, and a Rhodium Update
Welcome back to The Mining Pod! Will and Colin are back from the holiday break with the latest news, plus an update on the ASIC hosting market from our friends at Compass. At the top of the news docket, they touch on Russia’s bitcoin mining ban, particularly which miners the ban actually affects (and which ones it doesn’t). Also in the rotation, BitFuFu’s massive 80k ASIC order from Bitmain, and an update on a few of Rhodium’s outstanding litigations. And for this week’s cry corner: pour one out for all the folks who were sad/big mad that they didn’t get invited to Michael Saylor’s $100k New Year’s Eve party…
Timestamps:
00:00 Start
00:00 Start
01:51 Difficulty update
06:17 OMG Russia bans Bitcoin mining!!!!!
11:59 ASIC hosting market update
23:20 BitFuFu 80k miners
30:50 More trouble at Rhodium
36:46 Cry corner: No invite to Saylor party!
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!
👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!
👉 Check out Bitcoin Season 2 and The Gwart Show!
Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell
-
Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!
"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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41:14
Block’s Proto ASIC With Max Guise
Welcome back to The Mining Pod! Max Guise, a team member from Block’s Proto division, joins to talk about the company’s new ASIC chip. A veteran of Block, Guise has worked on everything from the Proto mining ASIC, to Square’s point-of-sale, and its hardware wallet Bitkey. During the discussion, Guise gives us a brief history of Proto’s origins, discusses the challenges of designing (and manufacturing and marketing!) a bitcoin mining ASIC, provides a timeline for the Proto ASIC rollout, and even graces us with a demo of the chip!
Timestamps:
00:00 Start
03:21 Max bio
03:56 Working at Square & CashApp
04:58 Building the point of sale product
06:20 Building hardware
09:48 Genesis of Proto
12:33 Open development
13:37 The team
14:59 What is Proto
16:59 Selling chips
19:56 Closed sourced firmware
21:38 Lifecycle examination
23:32 Market strategy
24:33 Financing
25:05 Hashrate as payment
26:16 Deployment
28:29 When new rig?
28:59 Ecosystem of products
30:13 Other components
30:58 Working with competing miners
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!
👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!
👉 Check out Bitcoin Season 2 and The Gwart Show!
Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell
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Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!
"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
Learn more about your ad choices. Visit megaphone.fm/adchoices
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32:56
The Best Used ASICs w/ James Scaggs and Will Middleton
Welcome back to The Mining Pod! Today, Advanced Crypto Services (ACS) Founder James Scaggs and Co-founder Will Middleton join to talk about all the pertinent operational considerations for bitcoin mining, including the biggest question of all: whether it’s better to buy or mine bitcoin. They touch on the repair side of the business, how some of these older generation ASICs are holding up, which models are the best bang for your buck, and common failure points for ASIC hardware.
Timestamps:
00:00 Start
02:37 Bios
04:20 10-20 MW mining operation
06:51 DIY mentality
08:24 Revenue
11:17 ASIC resale market
15:45 Rig prices vs hashprice
23:13 Are S19s the new S9s?
27:31 Aluminum backed hash boards
30:19 Advice for beginners
39:30 Off peak hour mining
44:31 Upgrading rigs
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!
👉Enjoying the show? Check out our newsletter at miningpod.blockspace.media!
👉 Check out Bitcoin Season 2 and The Gwart Show!
Follow our hosts on Twitter: @wsfoxley, @cbspears, @AsILayHodling, @MatthewKimmell
-
Thank you to our sponsor, CleanSpark, America’s Bitcoin miner!
"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
Learn more about your ad choices. Visit megaphone.fm/adchoices
With over 200 shows, The Mining Pod is the industry’s best resource for the latest news and strategies in Bitcoin mining. Trusted by over 3,000 subscribers, including mining executives, operators and fund managers such as Marathon Digital, Cleanspark and BitCap.
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