THE MINING POD: Ethiopia’s Bitcoin Mining Boom
We head around the globe to Ethiopia, a hot Bitcoin mining destination with abundant hydro power. What does it take to get involved?
Welcome back to the Mining Pod! We’re joined by Ethan Vera of Luxor Tech and Kal Kassa of BitcoinBrr to discuss mining Bitcoin in Ethiopia! Earlier this summer we heard reports of mining picking up in the Eastern side of Africa, particularly with well connected Chinese Bitcoin miners sourcing hydro-powered contracts. Ethan recently visited so we brought him on with Kal to discuss what’s actually happening, the costs versus North American mining and how to invest in the area (if you’re willing to take the risk!)
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Timestamps:
00:00 Start
01:42 Difficulty update
04:19 29% PubCo Hashrate report JPMorgan
10:50 MARA Unlocks $200M BTC-Backed Credit Line
18:06 Cipher Mining Acquires 1.5 GW in Texas
24:37 Blue Owl Backs Crusoe in AI Move
29:35 Bit Digital Acquires HPC Data Center
32:38 Cry corner: "Runes, ordinals, etc don’t exist"
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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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset. Distributed by CoinDesk.
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