Welcome back to The Mining Pod! For this week’s roundup, Will, Colin, and Matt discuss the bombshell news that Swan Bitcoin is suing its former employees and contractors, alleging that the cabal stole proprietary aspects of Swan’s bitcoin mining business. Speaking of corporate sparring, the gang also covers the news that Riot and Bitfarms have settled (for now, at least) their dispute over Riot’s attempts to acquire its rival. They also discuss Bitdeer’s new SEAL02 ASIC chip, which Bitdeer claims is capable of 13.5 J/TH power efficiency, and why bitcoin mining ASICs are not securities despite some reporting to the contrary. Finally, in this week’s cry corner, they address the indefatigable, maddening myths that persist about Bitcoin’s global electricity use (no Bill Maher, Bitcoin does not use 8% of the world’s electricity, but thank you for playing!).
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Timestamps:
CHAPTERS
00:00 Start
00:14 Swan mining lawsuit
11:01 Difficulty update
17:03 Riot vs Bitfarms
27:14 Bitdeer’s SEAL02 chip
35:25 Green Mining SEC suit not dismissed
38:59 Hut 8 GPU-as-a-Service Goes Live
42:47 Cry corner: Bill Maher is wrong
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!
