CoinDesk Podcast Network
CoinDesk Podcast Network
CoinDesk
THE MINING POD: Galaxy’s $30m Offer to Rhodium, Bitmain’s ASIC Surplus, Bitcoin Mining (in Space!), and…Tokenized Nicotine?
39 minutes Posted Sep 6, 2024 at 12:00 pm.
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Show notes
In this week’s news roundup, Will and Colin discuss Rhodium’s option to borrow $30m from Galaxy to help with its Chapter 11 restructuring, as well as a Blockspace investigation into how Bitmain’s ASIC chip surplus could be affecting ASIC miner prices. Plus, they weigh whether or not bitcoin mining in space is something out of an Isaac Asimov novel or a not-so-distant possibility and check in on wider crypto market sentiment. Finally, in this week’s cry corner, they pitch a fit about the dumbest idea Colin has heard…maybe ever.