Bitcoin Mining News: Trump-Backed ABTC Goes Public, IREN Overpriced? And CORZ Deal Trouble

05/09/2025 27 min
Bitcoin Mining News: Trump-Backed ABTC Goes Public, IREN Overpriced? And CORZ Deal Trouble

Listen "Bitcoin Mining News: Trump-Backed ABTC Goes Public, IREN Overpriced? And CORZ Deal Trouble"

Episode Synopsis

Get the headlines that matter, right when they hit the wire: Join our Telegram group for market moving news on top Bitcoin equities like $MSTR, $MARA, $RIOT, $CLSK, and more:  https://t.me/blockspacenews



Welcome back to The Mining Pod! Today, Colin and Will with Luxor’s ASIC Trading Desk Senior Account Manager Sarah Tang about the ASIC market landscape, including how tariffs are impacting pricing, demand, and futures orders, plus the most popular ASIC models currently. For news, they cover American Bitcoin’s volatile Nasdaq debut, JonesResearch pumping the brakes on its IREN rating, and Core Scientific’s largest active investors imploring others to vote no on the CoreWeave acquisition.



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**Notes:**



    50 % tariff on Chinese rigs




    22 % tariff on SE Asian rigs




    Difficulty target  for 1 ZH/s = 139.7 T hashes




    Hash price ≈ $53.8 /TH/day




    American Bitcoin surged to $13/share, fell to $6.38






Timestamps:

00:00 Start

02:17 Difficulty Report by Luxor

04:33 American Bitcoin public listing

07:10 ASIC prices

17:10 Cleanspark

17:39 Jones Research downgrades IREN

22:50 Cry Corner: Two Seas Capital



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