Welcome back to The Mining Pod! How much have public miners raised since Q2? A lot – like, $2.2 billion kind of a lot. The majority of this liquidity flows from at-the-market (and other) stock offerings in Q2, while a handful of miners have also turned toward convertible notes for financing in Q3. In addition to that news, we also cover a story that Blockspace broke regarding CleanSpark’s desire to launch its own mining pool, and we finish the feel good underdog story that yes, solo miners are still out there (and they’re actually making money).
Timestamps:
00:00 Start
01:43 Bitcoin mining market / metric update
7:50 Publicly traded Bitcoin miners raise $2.1 billion since Q2
10:00 Bitdeer $150 million convertible note
12:46 Marathon $250 million convertible note to buy BTC
14:21 Core Scientific $350 convertible note to pay down debt
17:13 When CleanSpark pool?
23:48 Bitaxe and solo mining 33:54
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!
