China Mining Ban Fake News, Semiconductor Tariffs, $14.5B Mining Pool Heist

08/08/2025 40 min
China Mining Ban Fake News, Semiconductor Tariffs, $14.5B Mining Pool Heist

Listen "China Mining Ban Fake News, Semiconductor Tariffs, $14.5B Mining Pool Heist "

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, Will, Colin, and Matt touch on Bitcoin’s hashrate hitting an all-time high of 972 EH/s, Trump's proposed 100% semiconductor tariffs, false Chinabitcoin mining ban rumors, MicroStrategy's 2.5x NAV share issuance rule, and tracking down a $3.5B mining pool heist (now worth $14.5B!) four years later.



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**Notes:**

• Hash rate reaches 972 EH/s all-time high

• 1.4% difficulty adjustment expected 

• Hash price at $58 per PH/day

• 100% semiconductor tariff proposed

• China controls 13-14% of network hash

• $3.5B mining pool heist now worth $14.5B



Timestamps:

00:00 Start

02:36 Difficulty Report by Luxor

07:41 Tariffs... again

13:59 No, China is not banning bitcoin mining again

21:56 MSTR will no longer issue equity under 2.5x mNAV

33:25 Cry Corner: Mining pool heist



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