News Roundup: Miner Revenue Up, AI Compute on Old GPUs & Tether Hydro-mining in Uruguay | The Mining Pod

Today we are talking about how miner revenue has been up, if old ETH miners pivoting to AI is realistic and Tether hydro mining in Uruguay. https://www.theblock.co/post/232886/bitcoin-miner-revenue-climbs-to-916-million-in-may https://www.coindesk.com/business/2023/05/26/usbtc-aims-to-become-bitcoin-mining-giant-after-deal-to-buy-celsius-assets/ https://hashrateindex.com/blog/fahrenheit-256-inside-us-bitcoin-and-cos-acquisition-of-celsius-bankruptcy-assets/ https://www.businesswire.com/news/home/20230531005132/en/CoreWeave-Secures-200-Million-Series-B-Extension-Bringing-Total-Round-to-421-Million https://twitter.com/nic__carter/status/1664675237819031553 https://www.theblock.co/post/232521/tether-bitcoin-mining-uruguay https://www.thestreet.com/cryptocurrency/news/biden-30-percent-bitcoin-mining-tax-debt-ceiling-deal https://github.com/djrtwo/writing/blob/main/docs/2022-05-30_the-risks-of-lsd.md Will Foxley: https://twitter.com/wsfoxley TIMESTAMPS: 00:00 Start 01:13 Miner revenue increase 02:25 USBTC to buy Celcius assets 04:19 ETH miners pivot to AI compute 06:08 Nic Carter on AI pivot 07:09 Tether mining in Uruguay 08:22 Biden 30% mining tax dead (for now) 09:28 ETH risks of LSD MINE Start mining your own bitcoins with Compass. https://bit.ly/3CehBf1 WATCH https://youtube.com/c/CompassMining?sub_confirmation=1 LISTEN Apple Podcasts https://apple.co/3fNfrdi Spotify https://spoti.fi/3tSf9G1 Amazon https://amzn.to/3557cqg Anchor https://bit.ly/3rmb7UF Fountain https://bit.ly/3NeNTec RSS https://bit.ly/3chpULV  LEARN Every week, Compass sends a memo to over 18,000 professional miners and investors with the most important news and data in cryptocurrency mining. Get the free newsletter in your inbox too: https://bit.ly/3vOGzxD FOLLOW Twitter: https://twitter.com/compass_mining LinkedIn: https://www.linkedin.com/company/compassmining Learn more about your ad choices. Visit megaphone.fm/adchoices