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Welcome to another packed episode of The Mining Pod! Hosts discuss the current hash price bear market, with difficulty adjustments continuing to increase despite declining profitability. They explore CBP's ongoing seizure of Bitcoin miners at the border, possibly costing companies millions in holding penalties. Plus, discussions on the TVA and DOE's push for nuclear energy, Bit Farms finalizing its acquisition of Stronghold Digital Mining, the SEC's clarification on proof-of-work mining activities, and OBM and Toya Energy's patent victory against Lancium. Finally, the team examines the sharp decline in mining community engagement.
Notes:
- Hash price at $47.50/PH/s/day
- 8 of 10 recent difficulty adjustments increased
- BitFarms now has 60% of megawatts in US
- Mining stocks down ~50% year to date
- Mining community engagement down ~80%
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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.
