Catch the latest episode of 'THE MINING POD,’ in partnership with @blockspace!THE MINING POD: Operation Red Sunset, the White House’s Genesis Mission, Tether Buys BTDR, RAM Prices SoarWelcome back to The Mining Pod! Today, Colin and Charlie break down Operation Red Sunset—the US government's probe into Bitmain over national security concerns. We also cover brutal mining economics with hashprice at all-time lows, Trump's new executive order spurring AI and energy R&D, Hive's $300M at-the-market offering, and ...

Core Insights - The Bitcoin network hashrate experienced a modest decline of 5 EH/s, averaging 1,030 EH/s in early October, following record highs in August and September [1] - U.S.-listed miners tracked by JPMorgan now represent approximately 38% of the global Bitcoin network [1] Industry Overview - Hashrate is a measure of the total computational power for mining and processing transactions on a proof-of-work blockchain, indicating competition and mining difficulty [2] - The combined market cap of 14 Bitcoin miners and data center operators reached $79 billion, reflecting ongoing enthusiasm in the high-performance computing (HPC) sector [2] Financial Performance - Miners earned about $52,500 in daily block reward revenue per EH/s, marking a 6% increase from the end of September, while the hashprice, a profitability measure, decreased by 7% [3] - The total market cap of the 14 U.S.-listed Bitcoin miners rose by 41% from the end of the previous month to a record $79 billion, with all companies outperforming Bitcoin during this period [3] Company Performance - Bitfarms (BITF) showed significant performance with a 129% gain, while Cango (CANG) had a more modest increase of 3% [4]