China Mining Crackdown, Hut 8’s $7B Fluidstack Deal, CoreWeave Site Delays

About this episode

The episode discusses the recent bitcoin mining crackdown in China, Hut 8's significant hosting deal, and delays at CoreWeave's facility, featuring an interview with Brady Dale.

Welcome back to The Mining Pod! Today, Colin and Matt dive into reports of a bitcoin mining crackdown in Xinjiang, China, Hut 8's massive $7B hosting deal with Fluidstack, just-reported summer weather delays at Core Scientific’s Denton facility for CoreWeave, and Blue Owl declining to fund a 1 GW AI site for Oracle. And to close the show, veteran crypto reporter Brady Dale, author of the Front Stage Exit newsletter, joins us to talk about a failed vote in Granbury, Texas, to incorporate a new town to expel MARA from its facility in the area. Subscribe to the newsletter! https://newsletter.blockspacemedia.com **Notes:** * ~1.3GW/100 EH of mining under pressure in Xinjiang * Hashprice under $40 per PH/s/day * Difficulty adjustment projected at -1% * Hut 8 inks $7B, 15-year hosting deal with Fluidstack * Core Weave faced 60-day construction delays over the summer at CORZ Denton site Timestamps 00:00 Start 05:44 China bans Bitcoin, again! 15:46 Hut 8 hyperscaler deal 21:49 Delays at CoreWeave Denton site 25:26 Oracle funding issues 30:21 Brady Dale goes to Texas 👉CleanSpark, America's Bitcoin Miner! CleanSpark (Nasdaq: CLSK) is a market-leading data center developer with a proven…

People in this episode

Host: Colin

Guest: Brady Dale

Topics covered

• bitcoin mining
• China
• business deals
• technology
• AI

Keywords

• bitcoin mining crackdown
• Hut 8
• $7B hosting deal
• CoreWeave delays
• Oracle funding issues

Mentioned in this episode

Products: Fluidstack, CoreWeave, FBOX, Core Scientific, CleanSpark

Books & works: The Mining Pod

Places: China, Xinjiang, Denton, Granbury, Texas, America, the United States

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