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THE MINING POD: CoreWeave / Core Scientific’s $9B Deal, IREN’s Blackwell Buy, Bit Digital’s ETH Treasury

On this week’s roundup, we touch on the CoreWeave and Core Scientific acquisition, IREN’s new AI GPUs, and more.

Jul 11, 2025
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Welcome back to The Mining Pod! Today, Ben Harper from Luxor Technology joins us to discuss CoreWeave's $9 billion acquisition of Core Scientific, IREN’s $130 million Nvidia GPU purchase, hashprice hitting $60 for the first time since February, summer hashrate curtailment, and why transaction fees are so low. Plus, why Bit Digital and BIT Mining are becoming altcoin treasury companies.

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**Notes:**

• CoreWeave to acquire Core Scientific for ~$9 billion

• Hash price reaches $60 per terahash per day

• Bitcoin fees in sats/vb lowest since March 2012

• IREN purchases 2,400 Nvidia Blackwell GPUs

• Difficulty adjustment expected +7.3%

• Bit Digital pivots to Ethereum treasury

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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!



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