043. Special Guest: skot, Instigator - Bitaxe, State of the Network, News, Tangents, Home Miner of the Week

POD256 | Bitcoin Mining News & Analysis podcast

Date: April 3, 2024

State of the Network: 

Block Height: 837580

According to our friends at newhedge.io: Bitcoin difficulty is 83.1 Trillion and set to increase roughly 2% at the conclusion of epoch 415 which should be on April 10th.

Over at Hashrate Index: https://data.hashrateindex.com/asic-index-data: Miners under 25J/Th are selling for roughly $13.73/Th at the moment, which has been relatively flat since October.

Looking at mempool.space: Hashrate is currently estimated to be 603Eh on the 14-day moving average, slightly below the all time high of 612Eh on March 19th.

Heading over to insights.braiins.com: Hashvalue is currently 160k sats/Ph/day and Hashprice is roughly $103/Ph/day.

Days until the Halving: 16 days according to https://www.coinwarz.com/mining/bitcoin/halving

Special Thanks to Barnminer for generously donating a portion of sales from his grass fed beef jerky during the whole month of April. You can support an awesome bitcoiner, get great quality beef jerky, and support POD256 by visiting: https://barnjerky.hashrootsinc.io/

Stream Sats, Point Hash:

  • Pick any Lincoin URL:

     a) stratum+tcp://NA.lincoin.com:3333

     b) stratum+tcp://EU.lincoin.com:3333

     c) stratum+tcp://LatAm.lincoin.com:3333

     d) stratum+tcp://CIS.lincoin.com:3333

     e) stratum+tcp://Asia.lincoin.com:3333

     f) stratum+tcp://OC.lincoin.com:3333

     g) stratum+tcp://Africa.lincoin.com:3333

  • Then use "pod256.YourAlias" as the worker name

Shout out to all the miners pointing us hashrate this last week, from Lincoin: “africaone”, “hodl_pins_dot_com_by_yooper_and_son_iykyk”, “pod256.bitaxewannabejustans17pro”, “reedsminersarenotforprofit”, and “bikesandbitcoin”. 

And from Public Pool: “FOSS||GTFO”

News:

  • https://x.com/mononautical/status/1775143932642644194

  • https://x.com/AdventureDr/status/1775338544632049718

  • https://x.com/OGBTC/status/1773741227092910492

  • https://x.com/_drewarmstrong_/status/1775549824374366520

  • https://x.com/MitchKlee_/status/1775562342597611853

Special Guest: skot, Instigator - Bitaxe:

  • Skot on Twitter: https://twitter.com/skot9000

  • Bitaxe website: https://bitaxe.org/

  • Open Source Miners United on Twitter: https://twitter.com/osmu_global

Home Miner of The Week:

  • Barnminer (@btctwatterpants) with a review of the @ePICBlockchain UMC V-5 Whatsminer CB provided by @altair_tech

  • https://x.com/btctwatterpants/status/1774910984873795671

Rod @bitkit

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