{"podcast":{"title":"HashrateUp - A Bitcoin Mining Podcast","slug":"hashrateup-a-bitcoin-mining-podcast-6575766","podcast_index_feed_id":6575766,"rss_url":"https://anchor.fm/s/111cf6d4c/podcast/rss","website_url":"https://podcasters.spotify.com/pod/show/ben-raich8","image_url":"https://d3t3ozftmdmh3i.cloudfront.net/staging/podcast_uploaded_nologo/45837739/5a0bb9cc3fe7cbb1.jpg","author":"Jesse","episode_count":153,"summary":"HashrateUp is a podcast that delves into Bitcoin mining and exciting projects, utilizing hashrate production to unlock new potentials in the broader energy industry. From details about innovative mining operations to exciting applications powered by classic energy resources, we’ll discuss the various ways the Bitcoin network is powered and its impact on the environment. Join us as we talk with industry experts, researchers, and thought leaders to understand how Bitcoin is shaping the future of power and investigate the energy challenges and opportunities Bitcoin and its ecosystem bring to the table. Whether you are an industry professional, thought leader, or…","last_synced_at":"2026-06-28T14:18:44.310031+00:00","page_url":"https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766"},"episode":{"title":"The First Bitcoin Hashrate Bear Market Ever [NEWS]","slug":"the-first-bitcoin-hashrate-bear-market-ever-news","published_at":"2026-06-27T14:58:49+00:00","page_url":"https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766/the-first-bitcoin-hashrate-bear-market-ever-news","show_page_url":"https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766","url":"https://podcasters.spotify.com/pod/show/ben-raich8/episodes/The-First-Bitcoin-Hashrate-Bear-Market-Ever-NEWS-e3lbl07","audio_url":"https://anchor.fm/s/111cf6d4c/podcast/play/122065351/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-5-27%2F426928547-44100-2-b8f522d08b463.mp3","summary":"🛠 Sponsored by:Luxor, Mining software, firmware & hashrate toolshttps://luxor.tech/SoloMining, Home & solo mining made easyCode: HASHRATEUPhttps://solomining.deAltair Technology, Buy Bitcoin Mining SolutionsCode: HASHRATEUPhttps://altairtech.ioBTC Backed Loans: https://firefish.io?ref=satoshi2984In this news episode of HashrateUp, Jesse breaks down what may be the first-ever Bitcoin hashrate bear market — and the structural force behind it: the AI pivot pulling power away from mining for good.Starting with a Hashrate Index update at $31.25/PH/day, Jesse walks through the -10% difficulty drop (with a +5.83% adjustment incoming), the 4CP season, and Texas summer curtailment driving the volatility. But the bigger story is structural: public miners are no longer maximizing hashrate at all costs — they're deciding how much of their power should stay on Bitcoin versus shift to AI and HPC.From there the episode opens into the policy and energy picture reshaping the industry: ERCOT's newly approved Batch Zero framework, 438 GW of data center interconnection requests (5x Texas's all-time peak demand), Microsoft's 2 GW West Texas AI campus, FERC ordering grid operators to fast-track large loads, and PJM's $23B warning as wholesale power costs jump 75% year over year. Plus Oman's mandatory national mining pool, Hive's $220M sovereign AI deal, and why Jesse thinks Luxor's forward hashrate market may be mispriced — a trade he's tempted to fade.The throughline: hashrate may simply not come back this cycle. As more companies pivot to AI, the miners who survive will be the ones who already think like power developers — and that power-first playbook is becoming a real competitive edge.TIMESTAMPS:0:00 Intro & Hashrate Index update — $31.25/PH/day1:17 4CP season, Texas curtai…","meta_description":"🛠 Sponsored by:Luxor, Mining software, firmware & hashrate toolshttps://luxor.tech/SoloMining, Home & solo mining made easyCode: HASHRATEUPhttps:/…","key_points":[],"chapters":[],"topics":[],"duration_seconds":1305,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/hashrateup-a-bitcoin-mining-podcast-6575766/episodes/the-first-bitcoin-hashrate-bear-market-ever-news/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/hashrateup-a-bitcoin-mining-podcast-6575766/the-first-bitcoin-hashrate-bear-market-ever-news.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}