The Mining Pod | Bitcoin Mining News The Mining Pod

In this week’s news roundup, we talk about the FDIC & the Big Bad Banks, Luxor launches new mining firmware to compete with Braiins, Fidelity quietly launches it’s crypto market and the mempool filling up with JPEGs.

Matt Kimmell: https://twitter.com/MatthewKimmell

Will Foxley: https://twitter.com/wsfoxley

STORIES

https://bitcoinmagazine.com/business/luxor-launches-bitcoin-miner-firmware-made-in-the-u-s

https://www.theblock.co/post/220298/fidelity-crypto-quietly-went-live-giving-millions-of-retail-customers-access-to-bitcoin-ether

https://www.coindesk.com/policy/2023/03/17/fdic-denies-report-signature-bank-purchaser-must-divest-crypto/

https://twitter.com/ewarren/status/1636488503197413377

https://twitter.com/TikTokInvestors/status/1636522652545458176

https://mempool.space/mining

TIMESTAMPS:

00:00 Start

04:01 LuxOS new firmware

06:27 Fidelity Crypto

09:53 FDIC & Signature Bank

Today we discuss Cleanspark’s current financials, adding hashrate quickly, buying S19j Pro+ over S19 XPs, stock compensation and future growth plans outside the US.

https://cleanspark.com

Zach Bradford: https://twitter.com/zachkbradford

Will Foxley: https://twitter.com/wsfoxley



🎥 TIMESTAMPS:

00:00  Start

00:38  Intro

01:14  Q4 financials

03:45  Investor communications

06:40  Executive compensation

13:43  9.4 exahash target

17:39  Why smaller facilities?

21:37  Redundancy for multiple sites

26:40  Why S19 not XPs?

30:37  Mining in US vs global

33:59  Last 6 months summary



MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1



WATCH https://youtube.com/c/CompassMining?sub_confirmation=1



LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV



LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. ✍️ Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Today we are joined by mining analyst Anthony Power to talk about February's public miner performance. We discuss the chaos in the banking sector, big deployments from Marathon and others and some new metrics to be aware of.

https://compassmining.io/education/mining-stock-roundup-february-monthly-bitcoin-mining-numbers/

Anthony Power: https://twitter.com/cazenove

Will Foxley: https://twitter.com/wsfoxley



TIMESTAMPS:

00:00 Start

01:11 Is Binance responsible for the pump?

10:46 Hashrate Utilization

20:53 HODL vs Sold

21:30 Production by EH/s

26:05 Economy of scale

37:38 Developing new metrics



MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1



WATCH https://youtube.com/c/CompassMining?sub_confirmation=1



LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV



LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD



FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Today we are covering SVB being taken over by the FDIC, the Biden administration proposing a 30% miner tax, Block publishing a miner development kit and call for input, and ePIC’s new mining hardware based on Intel technology.

Will Foxley: https://twitter.com/wsfoxley

STORIES

https://education.compassmining.io/education/bitmain-changed-its-asic-design-miners-need-to-be-ready/

https://www.niagara-gazette.com/news/local_news/judge-signs-contempt-order-directing-u-s-bitcoin-to-cease-operations-in-the-falls/article_ca7e7c58-ba24-11ed-9a33-6706cd141cd1.html

https://www.coindesk.com/business/2023/03/08/canadian-crypto-miner-powre-lands-100-mw-contract-in-paraguay/

https://www.mining.build/the-mining-development-kit-unlocking-innovation-in-bitcoin-mining/

https://www.coindesk.com/policy/2023/03/09/us-treasury-department-proposes-30-excise-tax-on-crypto-mining-firms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

https://mempool.space/mining

TIMESTAMPS:

00:00 Start

00:53 SVB collapse

02:20 30% excise tax proposal

04:15 MDK - Mining Dev Kit

05:14 100MW Paraguay dam contract

06:12 Niagara mining judgment

07:34 New ASIC miner

08:43 Bitmain ASIC design change

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV

Today we are joined by David Kemmerer, co-founder of CoinLedger, to discuss crypto taxes. We go over what you need to know including taxable income, cost bases and mining specific questions.

https://coinledger.io/

David Kemmerer: https://twitter.com/david_kemmerer

Will Foxley: https://twitter.com/wsfoxley



TIMESTAMPS:

00:00 Start

01:26 Coinledger Intro

03:27 Why use Coinledger?

06:28 Common questions

08:31 Reporting losses

11:58 Ordering taxable events

17:30 Mining taxes

19:39 Hobby miners

21:55 Tax loss harvesting



MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1



WATCH https://youtube.com/c/CompassMining?sub_confirmation=1



LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV



LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining

Today we’re going offroad from Bitcoin mining into an adjacent subject, decentralized storage. We are joined by Bill Schreckenstein, an engineer at Protocol Labs focused on building a decentralized alternative to cloud computing such as AWS.

Bill gives us the inside scoop on Filecoin–a decentralized network for storing data. We talk about the actors, the economics and how it compares to Bitcoin mining.

https://filecoin.io/

Bill Schreckenstein:https://www.linkedin.com/in/billschreckenstein

Will Foxley: https://twitter.com/wsfoxley

TIMESTAMPS:

00:00 Start

01:18 Bill's bio

05:26 Filecoin ecosystem

09:41 Adding capacity to the network

11:36 Slashing

12:50 FIL token & monetary rewards

16:50 Customer base?

21:06 Becoming a Filecoin storage provider

24:31 It's NOT like BTC mining

MINE

Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1

WATCH https://youtube.com/c/CompassMining?sub_confirmation=1

LISTEN

Apple Podcasts https://apple.co/3fNfrdi

Spotify https://spoti.fi/3tSf9G1

Amazon https://amzn.to/3557cqg

Anchor https://bit.ly/3rmb7UF

Fountain https://bit.ly/3NeNTec

RSS https://bit.ly/3chpULV

LEARN

Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD

FOLLOW

Twitter: https://twitter.com/compass_mining

LinkedIn: https://www.linkedin.com/company/compassmining