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THE MINING POD: Ranking Bitcoin Miners, Auradine’s $150M Raise, and Coinbase’s ‘Base’ Rugpull
Who’s the top Bitcoin miner? We rank them in this week’s news roundup. Plus Auradine raises a ton of money to bring Bitcoin mining manufacturing stateside.
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Welcome to The Mining Pod! In this episode, the gang breaks down the latest in Bitcoin mining with their weekly hash price update, showing prices hovering around $45 per petahash day with an expected 2.5% difficulty increase. We then flex to"Bitcoin Mining Mountain" - a spicy tier ranking of top mining companies based purely on vibes. The crew also discusses Auradine raising $153 million in Series C funding to expand ASIC manufacturing, dives into Luxor's derivatives market for hash rate futures, and concludes with Coinbase's alleged front-running controversy with their "Base is for Everyone" token launch.
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# Notes:
- Hash price currently at $45 per petahash per day
- Expected 2.5% difficulty adjustment on April 19
- Ordean raises $153M in Series C funding
- Bit Deer ranked S-tier due to Tether investment
- Luxor did $65M in notional volume in Q1
- Hash rate growth projected to slow in 2025
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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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