040. State of the Network, News, Tangents, Home Miner of the Week

POD256 | Bitcoin Mining News & Analysis

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