# $5 Billion in AI Pivots, 20M BTC Mined, and Africa Wants Miners [NEWS]

Page: https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766/5-billion-in-ai-pivots-20m-btc-mined-and-africa-wants-miners-news
Text version: https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766/5-billion-in-ai-pivots-20m-btc-mined-and-africa-wants-miners-news.md
Podcast: [HashrateUp - A Bitcoin Mining Podcast](https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766)
Published: 2026-03-16T13:51:10+00:00
Episode link: https://podcasters.spotify.com/pod/show/ben-raich8/episodes/5-Billion-in-AI-Pivots--20M-BTC-Mined--and-Africa-Wants-Miners-NEWS-e3ibmaq
Audio file: https://anchor.fm/s/111cf6d4c/podcast/play/118920986/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-3-23%2F422695245-48000-2-711059c2fc8fa1af.mp3
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JSON: https://stenobird.com/v1/public/podcasts/hashrateup-a-bitcoin-mining-podcast-6575766/episodes/5-billion-in-ai-pivots-20m-btc-mined-and-africa-wants-miners-news
Duration seconds: 383

## Resource

In this episode of HashrateUp, Jesse breaks down the biggest Bitcoin mining stories of the week, from billion-dollar AI pivots to a historic Bitcoin milestone and a surprise opportunity in South Africa. Enscale, spun out of Bitcoin mining operator Archon Energy, raised $2 billion backed by Nvidia, Jane Street, Citadel, Dell, and Lenovo for AI infrastructure. TeraWolf secured a $3.2 billion Google credit backstop to pivot from mining to AI compute. Foundry is expanding into Zcash as $30 hash price compresses pool margins. The 20 millionth Bitcoin was mined last week with just 1 million left over the next decade. And Eskom, South Africa's state power utility, announced plans to sell surplus daytime energy to Bitcoin miners. TIMESTAMPS: 0:00 Introduction and market conditions 0:54 Enscale raises $2B for AI infrastructure 1:48 Bitcoin mining roots at Archon Energy 2:21 20 millionth Bitcoin mined 3:04 Foundry expands into Zcash mining pool 3:58 Google backstops TeraWolf AI pivot 4:31 Eskom surplus energy for Bitcoin miners in South Africa 6:07 Closing thoughts 🛠 Sponsored by: Hashbranch – Hosting & hardware made simple Code: HASHRATEUP100 https://hashbranch.com SoloMining – Home & solo mining made easy Code: HASHRATEUP https://solomining.de Altair Technology – Buy Bitcoin Mining Solutions Code: HASHRATEUP https://altairtech.io 📲 HashrateUp Hardware Deals Telegram: https://t.me/hashrateup 📩 Learn Bitcoin Mining (Free 5 Day Course) https://hashrateup.com/newsletter-sign-up/

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