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

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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.


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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

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