CoreWeave's $23B IPO, Crusoe Ditches Bitcoin Mining, and Riot's Bid For Rockdale Assets

You're listening to The Mining Pod. Subscribe to the newsletter, trusted by over 10,000 Bitcoiners: https://newsletter.blockspacemedia.com

Want to mine Bitcoin? Check out the Blockspace Media store today!

Welcome 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 Core Weave'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. Join us for expert analysis on the evolving mining and AI compute landscapes.

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

👉 CleanSpark (CLSK), America’s Bitcoin Miner!

Cleanspark develops infrastructure for Bitcoin, an essential tool for financial independence and inclusion. Learn more by visiting https://www.cleanspark.com/!

👉 Digital Shovel, All Things Crypto Mining!

Are you a Crypto miner looking to expand your operations leading into this next Bull Market? Digital Shovel is a leading manufacturer of modular mining pods, as well as PDUs & Switchgears. Industry leading prices starting at $69,000/MW for a complete datacenter, including Smart PDUs and switchgear. For more information, visit www.DigitalShovel.com

👉 Luxor, Leaders In Bitcoin Mining and Compute Power!

Get game-changing mining results with Luxor Firmware. Boost hashrate, cut energy costs, protect your hardware, and maximize mining profits with LuxOS.

👉 Nicehash, Hashrate, Bitcoin payments and mining!

NiceHash is the world leading hashrate marketplace providing a full suite of tools and software for miners to optimize their operations. Based in Switzerland, NiceHash is a fully regulated crypto mining platform.

"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.