Episode
Blockspace: IREN's 800MW in Australia, Zcash bug, and Google upscales to $84b
- Podcast
- CoinDesk Podcast Network
- Published
- Jun 4, 2026
- Duration seconds
- 3253
- Processing state
not_requested- Canonical source
- https://traffic.megaphone.fm/CDI3970021796.mp3
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Summary
Charlie and Will break down the crash of Michael Saylor’s STRC, IREN's massive 800MW deal in Australia, a critical Zcash soundness bug, Google’s massive $80B equity raise for AI, and why Joe Wiesenthal calls this the coldest crypto winter ever. Janusz, former engineer at Electric Coin Company, joins us to talk about a potential Zcash soundness bug and the trade-offs of privacy versus auditability. Plus, Charlie and Will dive into Michael Saylor's STRC asset crash, IREN’s massive 800MW data center agreement in Australia, Google's unprecedented $80B equity upsize for AI infrastructure, and why the Texas grid is moving away from the 4CP mechanism. Subscribe to the newsletter! https://newsletter.blockspacemedia.com Notes: * Saylor's STRC credit dropped 5% to $94. * IREN’s total power pipeline exceeds 5GW. * Zcash Orchard pool holds 4.5M locked tokens. Timestamps: 00:00 Start 02:07 STRC down bad 05:03 IREN back to the AUS 13:37 Zcash bug with Janusz 28:20 Google upsizes deal 31:50 Jeff Park tweet 41:15 Joe Weisenthal thread 46:56 ERCOT & 4CP Check out our latest report, “What’s a Megawatt Worth?” where we quantify the trillion dollar opportunity for bitcoin miners venturing into the AI sector. Download here: https://megawattreport.com/ Subscribe to our newsletter to receive updates for all of our shows and content: https://newsletter.blockspacemedia.com 👉CleanSpark (Nasdaq: CLSK), a market-leading data center developer with a proven track record of success. 👉Luxor, Blockspace's preferred mining pool. Start hashing today with Luxor! 👉Lygos Finance, Borrow against your Bitcoin, without compromising on custody.