The CBP is seizing ASIC miners at the border, and Chinese tech giant Tencent adds to its bitcoin mining exposure.

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Welcome back to The Mining Pod! For this week’s news roundup, Colin and Matt talk about the big story Blockspace broke this week: the U.S. Customs and Border Protection agency is seizing Antminer ASICs at ports of entry, and it’s also started to detain MicroBT and Canaan units. Plus, the $500 billion Chinese tech giant Tencent ups its stake in newly-christened public bitcoin miner Cango to 15.6%. They also touch on Bit Digital’s WhiteFiber AI rebrand, and why Riot’s newest board member signals that it’s getting increasingly serious about an AI pivot. The duo also welcomes Luxor Director of Energy Trading Haley Thomson to discuss what the AI boom means for Texas power prices. And for this week’s cry corner: bitcoin obituaries are dead – all hail number go up.

Notes:

• BitaxeOpen Source Project

• 256 Foundation Mission

• Breaking Mining Monopolies

• Standardized Hash Boards

• DIY Mining Innovation

• Hardware Democratization

Timestamps

00:00 Start

01:59 Telehash & hitting block

05:26 Intros

12:51 256 Foundation mandate?

16:02 BitAxe users

18:53 AmberOne project

22:08 Designer BitAxe culture

27:24 Mining centralization

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THE MINING POD: ASIC Border Seizures, Tencent’s BTC Mining Exposure, Miners Double Down on AI

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THE MINING POD: ASIC Border Seizures, Tencent’s BTC Mining Exposure, Miners Double Down on AI