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

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Welcome back to The Mining Pod! Today, James McAvity, CEO of bitcoin miner Cormint, joins us to talk about a potential, looming existential crisis for Bitcoin: low transaction fee revenue. With transaction fees at only 2% of mining revenue, McAvity argues the current model is unsustainable as rewards halve every four years.

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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

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