In this episode, I’m joined by Russell Cann, Chief Development Officer at Core Scientific. We dive deep into Core’s evolution from Bitcoin mining pioneer to AI infrastructure powerhouse — unpacking the CoreWeave partnership, the AI power boom, and how data centers are reshaping global energy and national security. This is a must-listen for anyone curious about where Bitcoin ends and AI begins.

Key topics include:

• The power advantage Core Scientific holds through its owned substations and PPAs.

• How AI’s explosive demand is reshaping energy investment worldwide.

• Why Bitcoin mining taught data center agility that’s now critical for AI infrastructure.

• The national security implications of compute power, data sovereignty, and AI’s role in the grid.

• The coming coexistence and competition between AI compute and Bitcoin mining.

• Cann’s warning that Bitcoin miners are shutting down in droves as AI becomes more profitable — and his call for ETFs and institutions to fund Bitcoin Core development to protect network security.

• Finally, he reflects on how both AI and Bitcoin are catalyzing the next great wave of energy build-out, from nuclear SMRs to advanced transmission.

PAID PARTNERSHIP

Magsplaining is powered by Ledn, the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Learn more at ⁠ledn.io/mags⁠.

⛏️ PRODUCT PROMO CODE

Get 5% off of Bitcoin miners at ⁠Plebsource⁠ with MAGS.

🔗 GUEST LINKS

Core Scientific X (Twitter): https://x.com/Core_ScientificSite: https://corescientific.com/

🎙️ FOLLOW MAGS

X (Twitter): https://x.com/crypto_mags

Podcast hub: www.magsplaining.com

📌 SUPPORT THE SHOW

• Like, subscribe, and share this episode

• Sponsor: magsplaining at gmail dot com

• Tip in Bitcoin: mags@blink.sv

⚠️ DISCLAIMERS

No Financial Advice. Entertainment/education only; not financial, legal, or tax advice. I may use affiliate links that support the channel at no extra cost to you. Bitcoin and crypto are volatile, do your own research.

#Magsplaining #BitcoinMining #AIInfrastructure #CoreScientific #CoreWeave #AI #BitcoinVsAI #EnergyTransition #DataCenters #NationalSecurity #ComputePower #Nvidia #BitcoinNetwork #EnergyMarkets #TechGeopolitics #hyperscaler

The leadership team from Canaan, the pioneer of ASIC mining, join Mags to discuss how they’re navigating tariffs, reshoring chip assembly to California, and bringing mining into the home with innovative Bitcoin-heating devices. CFO James Cheng also shares insights on vertical integration, treasury strategy, and how AI intersects with Bitcoin in today’s power markets and Canaan’s long-term vision.CHAPTERS00:00 In this Episode...01:20 Introduction to Canaan and Its Leadership02:04 Navigating Tariffs06:00 Onshoring Chip and Mining Manufacturing12:18 Mining Trends Canaan is Seeing18:21 The Mining and AI nexus22:05 Bitcoin Mining Trends and Geopolitical Influences22:06 Canaan's Unique Approach to Bitcoin Treasury Management27:54 Canaan's Vertical Integration Advantage30:31 Home Mining: Expanding Access to Bitcoin for IndividualsPAID PARTNERSHIP

Magsplaining is powered by Ledn, the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Learn more at ⁠ledn.io/mags⁠.

⛏️ PRODUCT PROMO CODE

Get 5% off of Bitcoin miners at ⁠Plebsource⁠ with MAGS.

🔗 GUEST LINKSGuests: James Cheng, the CFO of Canaan, Leo Wang, the Vice President of Capital Markets and Corporate Development, and Gwyn Lauber, the VP of Corporate Affairs.Canaan X (Twitter): https://x.com/canaanio Canaan trades on Nasdaq under ticker CAN. Learn more at https://www.canaan.io

🎙️ FOLLOW MAGS

X (Twitter): https://x.com/crypto_mags

Podcast hub: www.magsplaining.com 📌 SUPPORT THE SHOW• Like, subscribe, and share this episode• Sponsor: magsplaining at gmail dot com• Tip in Bitcoin: mags@blink.sv⚠️ DISCLAIMERSNo Financial Advice. Entertainment/education only; not financial, legal, or tax advice. I may use affiliate links that support the channel at no extra cost to you. Bitcoin and crypto are volatile, do your own research.#bitcoin #BitcoinMining #ASIC #Canaan #AI #Crypto #BTC #Energy #Mining #CHIPSAct #Tariffs #BitcoinTreasury #HomeMining

Mauricio from LEDN joins Magsplaining to share his origin story: growing up in Venezuela under capital controls, discovering Bitcoin mining as a lifeline, and his brothers' daring escape from extortion and jail. We dig into hyperinflation, how BTC-collateralized loans enable real financial inclusion, and why LEDN’s bitcoin-backed loans level the playing field globally, from Bogotá to Barcelona to Canada. A candid masterclass on survival, building, and conviction.

PAID PARTNERSHIP

Magsplaining is powered by Ledn, the global leader in Bitcoin-backed loans, issuing over $9 billion in loans since 2018. With Ledn, you get custody loans, no credit checks, no monthly payments, and more. Learn more at ⁠ledn.io/mags⁠.

⛏️ PRODUCT PROMO CODE

Get 10% off of Bitcoin miners at ⁠Plebsource⁠ with MAGS.

🔗 GUEST LINKS

LEÐN X (Twitter): https://x.com/HodlWithLedn

Mauricio (@cryptonomista): https://x.com/cryptonomista

🎙️ FOLLOW MAGS

X (Twitter): https://x.com/crypto_mags

Podcast hub: www.magsplaining.com

📌 SUPPORT THE SHOW

• Like, subscribe, and share this episode

• Sponsor: magsplaining at gmail dot com

• Tip in Bitcoin: mags@blink.sv

⚠️ DISCLAIMERS

No Financial Advice. Entertainment/education only; not financial, legal, or tax advice. I may use affiliate links that support the channel at no extra cost to you. Bitcoin and crypto are volatile, do your own research.

#Bitcoin #BitcoinMining #Venezuela #Hyperinflation #FinancialInclusion #BitcoinLoans #LEDN #EmergingMarkets #SelfCustody #SoundMoney #Magsplaining #captialcontrols #loans