Compute North Lawsuit, Phoenix Group’s 50 MW Site, Canaan’s Nano 3S and Avalon Mini 3

We cover the Compute North creditor lawsuit, Phoenix Group’s new 50 MW North Dakota site, and Canaan’s Nano 3S and Avalon Mining 3 in today’s news roundup.

Welcome back to The Mining Pod! For today’s news roundup, Will, Colin, and Matt are joined by Luxor CEO, Nick Hansen. The gang covers news that Blockspace broke this week pertaining to a creditor lawsuit against former executives of defunct Compute North, the erstwhile bitcoin mining hosting titan that went bankrupt in 2022. Plus, Phoenix Group’s 50 MW bitcoin mine in North Dakota, a 2024 bitcoin mining market review from Nick, and Canaan’s new home mining heater series with the Nano 3S and Avalon Mini 3. And for this week’s cry corner, popular Ethereum browser wallet Metamask is adding support for…Bitcoin?

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"The Mining Pod" is produced by Sunnyside Honey Inc. with Senior Producer Damien Somerset.