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.
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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.
**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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