POD256 | Bitcoin Mining News & Analysis POD256

Date: May 15, 2024

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 and get great quality beef jerky 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



Special Guests:


skot9000: https://x.com/skot9000


Barnminer: https://x.com/btctwatterpants


Neil RoninMiner: https://x.com/RoninMiner



Bitaxe Resources:


Bitaxe Bitcoin ASIC Miner: https://bitaxe.org


Bitaxe GitHub: https://github.com/skot/bitaxe



Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256

Date: April 18, 2024

State of the Network: 

Block Height: 839818

According to our friends at newhedge.io: Bitcoin difficulty is 86.3 Trillion and set to decrease roughly 1.8%% at the conclusion of epoch 416 which should be on Wednesday the 24th

Over at Hashrate Index: https://data.hashrateindex.com/asic-index-data: Miners under 25J/Th are selling for roughly $12.21/Th at the moment, which has been relatively flat since October

Looking at mempool.space: Hashrate is currently estimated to be 629Eh, setting a new ATH going into the halving

Heading over to insights.braiins.com: Hashvalue is currently 160k sats/PH/day and Hashprice is $102/Ph/Day

Days until the Halving: 1 day 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: “boerst” & “FOSS || GTFO” from Public Pool.“Bitaxewannabejustans17pro”, “dotthedraht”, “bikesandbitcoinhowlongcanthesenamesbeistheguestreallygoingtoreadthiswholethingicantbelieveits”, “reedsminersarenotforprofit”, “bikesandbitcoin”, and “hodl_pins_dot_com_by_yooper_and_son_iykyk” from Lincoin.

News:


Braiins deploying Lightning payouts: https://twitter.com/BraiinsMining/status/1780975851737072085


@skot9000 says, “REJECT MINING CENTRALIZATION”: https://twitter.com/skot9000/status/1780799683830411426


@mononautical claims, “A single custodian now controls the coinbase addresses of at least 9 pools, representing 47% of total hashrate.”: https://twitter.com/mononautical/status/1777686545715089605


@0xB10C’s supporting tweet thread: https://twitter.com/0xB10C/status/1780611768081121700



Home Miner of The Week:


@SoftwarmLLC shows off the install of “one half of a split unit that utilizes a temperature controller to dump heat as required”


https://twitter.com/SoftwarmLLC/status/1780107019254698271



Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256

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 @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256

Date: March 27, 2024

State of the Network: 

Block Height: 836541

According to our friends at newhedge.io: Bitcoin difficulty is 83.9 Trillion and set to decrease roughly 1.5% at the conclusion of epoch 414.

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 594Eh, still slightly below the all time high of 612Eh.

Heading over to insights.braiins.com: Hashvalue is currently 150 sats/TH/day.

Days until the Halving: 23 days according to https://www.coinwarz.com/mining/bitcoin/halving

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: “reedsminersarenotforprofit”, “bikesandbitcoin”, “bitaxewannabejustans17pro”, “hodl_pins_dot_com_by_yooper_and_son_iykyk”, “miningsummit”, and “africaone” for supporting the podcast with their hashrate over the last week.

No Holds Barred w/ Special Guest: Montana Dukes, CEO - EHT Capital:


Montana Dukes on Twitter: https://twitter.com/btcdukes



Home Miner of the Week:


@boerst with an Antminer S19/S21 modded to run on 120V using Pivotal Pleb Tech’s APW12 120V mod:https://twitter.com/boerst/status/1771524371342860477



Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256

Date: March 20, 2024

State of the Network: 

Block Height: 835558

According to our friends at newhedge.io: Bitcoin difficulty is 83.9 Trillion and set to decrease roughly 0.3% at the conclusion of epoch 414 which should be on or around March 28th.

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 612Eh, setting a new all time high.

Heading over to insights.braiins.com: Hashvalue is currently 150 sats/TH/day.

Days until the Halving: 29 days according to https://www.coinwarz.com/mining/bitcoin/halving

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: “bikesandbitcoin”, “reedsminersarenotforprofit”, “hodl_pins_dot_com_by_yooper_and_son_iykyk”, “africaone”, and “bitaxewannabejustans17pro” for supporting the podcast with their hashrate over the last week.

No Holds Barred w/ Special Guest: Zack Bomsta, Founder - Pivotal Pleb Tech & UnBound:


Zack Bomsta on Twitter: https://twitter.com/zbomstaz


Pivotal Pleb Tech website: https://pivotalpleb.com/


Pivotal Pleb Tech on Twitter: https://twitter.com/PivotalPlebTech


UnBound on Twitter: https://twitter.com/UnBound256


UnBound prototype heater: https://twitter.com/Electro_Thermal/status/1768004186774335735



Questions from Twitter: 

https://twitter.com/econoalchemist/status/1770286422974427543


From SKOT: I heard a rumor you’re making a Loki board that can dynamically control the voltage output of an APW3++? How did you do it? When can I get one? How are you so badass? https://twitter.com/skot9000/status/1770307311816286523


From Tyler Stevens: What does Zack think about the future of mining for heat to decentralize hash rate? Repurposing and modifying industrial hardware is awesome. Plebs are on the forefront here - But how does this scale to a grandmother who just wants cheaper utility bills? Open source firmware seems like a must? Target output temperatures? Open source ASICS? Chips and boards designed for higher operating temperatures…. Curious about his thoughts on fully integrated systems. Off the shelf products to help decentralized hash scale. What steps and development needs to happen, and in what order? https://twitter.com/tylerkstevens/status/1770292573195694180


From likewhoa: Are there voltage requirements to run at this setup? i.e would there have to be some sort of underclocking involved and is it possible to overclock as well? https://twitter.com/likewh1a/status/1770290048333697279


From Ben: Can it be hacked to run on DC power? (I.e. from a Powerwall battery or solar?) https://twitter.com/Lewified/status/1770293247899783485


From James: The concern I would have is the increased current draw as a result of dropping voltage. Unless you are going to severely underclock the boards, current (amps) will double since you are halving the voltage. This means a larger wire gauge is required. At 240V you can use #12 wire. https://twitter.com/Scygone/status/1770292434473218139



Home Miner of the Week:


@Pmaxsd with a beautiful casing protecting 7.2TH of #Flex4Axe mining: https://twitter.com/Pmaxsd/status/1769778093017673903



Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5

Date: March 13, 2024

State of the Network: 

Block Height: 834555

According to our friends at newhedge.io: Bitcoin difficulty is 79.3 Trillion and set to increase roughly 5.8% at the conclusion of epoch 413 which should be Pie Day!

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 591Eh on the 14-day Moving Average, setting a new all time high.

Heading over to insights.braiins.com: Hashvalue is currently 160sats/TH/day.

Days until the Halving: 36 days according to https://www.coinwarz.com/mining/bitcoin/halving

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: “bikesandbitcoin”, “reedsminersarenotforprofit”, “hodl_pins_dot_com_by_yooper_and_son_iykyk”, “africaone”, “bitaxewannabejustans17pro”, and “bitaxe_to_the_mooon” for supporting the podcast with their hashrate over the last week.

News:


Reformed Energy, a Waste-to-Energy Company, Secures Strategic Investment from Riot Platforms:



https://www.prnewswire.com/news-releases/reformed-energy-a-waste-to-energy-company-secures-strategic-investment-from-riot-platforms-302085659.html?tc=eml_cleartime


https://x.com/willhash4coins/status/1767568145122828597



Biden’s 30% tax would ‘destroy’ Bitcoin mining in the US, industry says:



https://www.dlnews.com/articles/regulation/bidens-dame-tax-could-destroy-bitcoin-mining-in-us/



Cathedra announces its proposed merger with Kungsleden Inc.:



https://twitter.com/CathedraBitcoin/status/1767613187904450687





Roman Sterlingov - Bad blockchain forensics convict the user of a Bitcoin mixer — as its operator:



https://cointelegraph.com/news/bad-blockchain-forensics-convict-roman-sterlingov





OXT Research Piece on the pseudoscience that led to Sterlingov’s conviction:



https://www.oxtresearch.com/pseudo/




Home Miner of the Week:


@HodlTarantula with 500kW of off-grid mining deployed: https://x.com/HodlTarantula/status/1766625165822046377



Rod @bitkite on Twitter: https://twitter.com/bitkite

Econoalchemist on Twitter: https://twitter.com/econoalchemist

Rod @bitkite on nostr: npub1atn7mlwt08erz4ap47gef92xfey65a4z9ed9vec53u5kc9v94pusl6h4x3

Econoalchemist on nostr: npub10m6lrv2kaf08a8um0plhj5dj6yqlw7qxzeag6393z352zrs0e5nsr2tff3

Bitcoin Park on Twitter: https://twitter.com/bitcoinpark_

POD256 on Twitter: https://twitter.com/pod256