THE MINING POD: Russia’s Bitcoin Economy, Coinmint’s Expansion, and Core Scientific’s $8.7B AI Deal

Will Russia actually encourage trade in bitcoin to evade sanction? Plus, an update on Core Scientific’s 500 MW, $8.7 billion deal with Core Weave.

Welcome back to the Mining Pod! Will, Colin, and Matt are back with another news roundup. It’s election season, so naturally, headlines about Russia have weaseled their way into the news cycle – only this time, the news is about how Russia allegedly wants to encourage trade in bitcoin to bypass sanctions. The gang also talks about Coinmint’s partnership with NYDIG to expand its Massena, NY facility, and our friends at Compass give us an update on the bitcoin mining hosting market. The show wraps up with the latest on Core Scientific’s $8.7 billion deal with Core Weave, and in this week’s cry corner, the fellas are perplexed at why Dennis Porter, founder of Satoshi Action Fund, is getting so much heat for Pennsylvania’s new bitcoin rights bill.

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Timestamps:

00:00 Start

00:53 Difficulty update

04:00 Russia using bitcoin for international trade?

15:26 Massena & the Alcoa East plant

18:36 Hosting update w/ Karoon from Compass

32:46 Core Scientific Final Contract Option by CoreWeave

37:49 Cry corner: why so butthurt about Dennis Porter?

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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