THE MINING POD: WhiteFiber’s IPO, Public Miner Executive Comp, BIT Mining’s Ethiopia Expansion
On this week’s roundup, we cover Bit Digital’s WhiteFiber IPO prospectus and public mine executive compensation.
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Welcome back to The Mining Pod! Today, Colin, Charlie, and Matt talk Bitcoin's surge to $123K and its impact on mining economics, Bit Digital's WhiteFiber IPO prospectus and pivot to an Ethereum treasury strategy, public miner executive compensation, BIT Mining’s Ethiopia expansion, and the Mempool.space’s "Baja Blast Summer" (i.e., ultra-low transaction fees).
**Notes:**
• Bitcoin reached $123K all-time high
• Hash price at $60 per petahash per day
• Exec compensation $14.4M in 2024
• Bit Digital raising $67.3M for ETH pivot
• WhiteFiber IPO shows $47.6M 2024 HPC revenue
• Ethiopia data centers use 30% of country’s energy
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