CoinDesk Podcast Network

BITCOIN SEASON 2: Tether on RGB, finding UAE's $700mm in btc, and USGox data on Bitcoin

We dive into the UAE’s $700 M Bitcoin mine, the US government’s on‑chain data feeds via Chainlink, and Tether’s comeback on RGB, plus nation‑state mining drama.

Aug 29, 2025
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ABOUT

Colin Charlie joins us to unpack the UAE’s secret $700 million Bitcoin mining operation, the US government’s bold move to publish macro data on-chain through Chainlink, and Tether’s planned launch on the RGB layer‑2. We also explore nation‑state mining strategies and the quirky characters behind RGB.

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Notes:

UAE mine valued at $700 M BTC

Citadel (UAE) operating the mine

US gov posting data on multiple blockchains

Chainlink oracle used for Bitcoin L2 Botanics

Tether targeting RGB (still pre‑v1)

Bhutan holds 12k BTC ($1.3 B)

Timestamps:

00:00 Start

00:21 UAE mining BTC

05:55 US data on-chain

11:03 Tether coming back to BTC

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👋Bitcoin Season 2 is produced Blockspace Media, Bitcoin’s first B2B publication in Bitcoin. Follow us on Twitter and check out our newsletter for the best information in Bitcoin mining, Ordinals and tech!

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