Bitmain and Hut 8 collabed on a Bitcoin miner together. What’s with the unit that makes it so special and how does it help out Hut 8?

Welcome back to the Mining Pod! This week we are joined by Asher Genoot, CEO of Hut 8, one of the larger and older Bitcoin miners! Hut 8 recently entered into a deal with leading Bitcoin mining manufacturer Bitmain to produce a new immersion unit ready for traditional data center builds! In this show we discuss the unit, how the deal got made, how it fits into a data center, parts and repair, the hosting deal with Bitmain and the opportunity cost of entering into investments like this one with Bitmain!

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Timestamps:

00:00 Start

01:34 New ASIC (U3S21EXPH)

05:03 Chip efficiency

07:55 New cooling solutions

14:12 Datacenter build out

19:00 AI facility conversion

20:58 Hosting for Bitmain deal

26:51 Facility location

29:05 Opportunity costs

32:08 New CEO role

35:11 Growing both AI & mining

Published twice weekly, "The Mining Pod" interviews the best builders and operators in the Bitcoin and Bitcoin mining landscape. Subscribe to get notifications when we publish interviews on Tuesday and a news show on Friday!

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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer, Damien Somerset. Distributed by CoinDesk.

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THE MINING POD: Bitmain’s Newest Liquid Cooled-Chip Bitcoin Miner With Hut 8’s Asher Genoot

CoinDesk Podcast Network

THE MINING POD: Bitmain’s Newest Liquid Cooled-Chip Bitcoin Miner With Hut 8’s Asher Genoot