Monday, November 4, 2024 was the last Mining Disrupt News Surge before a day the host, Dell, called one of the biggest of the past couple of years. He never named it on air, but the next morning Americans voted in the presidential election. Bitcoin closed that Monday at $68,733 by daily data; on October 26, 2026 it trades at $80,144. The episode runs just under nine minutes and follows the show's usual order: housekeeping, the network numbers, one headline for each day of the week, then the three stories Dell tied back to mining.
He opened with the standing disclaimer that the show is entertainment and education and not financial advice, and with the line he repeats every week: learn about Bitcoin. His pitch for where to learn it was the mining floor, at the Mining Disrupt Expo in Fort Lauderdale, then scheduled for March 25 to 27 of the following year. Dell also played clips from past keynotes, including one from Senator Ted Cruz, and repeated a hiring call: Mining Disrupt was looking for a global marketing director, with applications through the contact page on the Mining Disrupt website.
If you don't have miners, you don't have Bitcoin.
Dell · 1:21
The price talk that followed was framed as other people's views. Dell said analysts with finance backgrounds were putting cycle targets at $100k, $150k and $200,000 on the conservative end, and that miners earn their share of whatever the coin is worth. He was clear he was quoting them, not giving advice. Bitcoin did cross six figures for the first time about a month later, in December 2024. As of this writing it sits well below that, at $80,144.
The numbers on timechaincalendar
Reading from timechaincalendar.com, Dell put the price at $68,457, about a $5,000 drop from a brief move just above $73,000. Fees were low. Blocks were coming in nearer to nine minutes apart than the ten-minute target, 127 blocks ahead of schedule by the site's count, which pointed to a difficulty increase of nearly 4% at the next adjustment. He said he had not brought up difficulty in a while because recent changes had been small, and called this one huge. The page also showed 17,586 reachable nodes.
Faster blocks mean more hashrate came online since the last adjustment. The protocol answers by raising difficulty at each adjustment, roughly every two weeks, so that blocks return to a ten-minute average. Dell did not go further into it on the show, and the episode gives no figure for hashrate itself.
A headline for each day
Monday's item was a VanEck projection that Bitcoin could be worth $3 million and serve as a global reserve asset by 2050. Tuesday's, via the TFTC21 account, was Florida's chief financial officer endorsing a strategic Bitcoin reserve and urging state pension funds to hold Bitcoin as a hedge. Dell also ran a poll that day asking whether Bitcoin would reach 80k before or after November 6. He noted that only 11 people voted; most picked after, which was how the market looked as he recorded. Bitcoin did pass that level in the days after the election.
Wednesday's headline, again from TFTC21, was that Microsoft shareholders would vote on whether the $3 trillion company should put part of its treasury into Bitcoin. Shareholders voted the proposal down at the December 2024 meeting. The same day Dell showed a post from British HODL arguing that MicroStrategy, buying $40 to 50 million of Bitcoin a day, had in effect set an $89,000 floor against the roughly 450 coins miners produce daily. That was the post's claim; the episode offers no data behind the figure.
Thursday's pick was Seb Bunny telling newcomers to stop asking who Satoshi is, because Bitcoin now belongs to its community. Friday's, the third from TFTC that week, said Argentina's central bank had launched a live Bitcoin mining exhibit and was the first central bank to openly mine Bitcoin. That is the post's description; the episode shows no detail on how large the setup is or what happens to what it mines.
Saturday's story was not about Bitcoin at all. Dell said the news that took over X for the weekend was the killing of Peanut, a pet seized from its home in New York by state officials. He used it as a case of state overreach and as his reason for wanting money outside government control.
this is why having a money that is not controlled by the state is so fundamentally important to freedom
Dell · 6:46
Three stories that run back to mining
Dell closed by picking the three headlines he said connect directly to mining. The first was the British HODL floor-price post. He pointed to Michael Saylor's plan at MicroStrategy to raise $42 billion for Bitcoin purchases, and asked where those coins come from. His answer was the daily issuance paid to miners.
450 currently comes from miners. But in four years, that 450 gets cut in half.
Dell · 7:29
That cut is the halving: roughly every four years the subsidy paid in each block drops by half, so daily issuance keeps shrinking toward the 21 million cap. Dell called it maybe one of the biggest deals about Bitcoin besides the cap itself, and urged viewers who did not see why to go to the expo and ask miners how it hits their business. A buyer purchasing tens of millions of dollars of Bitcoin a day is competing for a supply that miners must sell into, and that supply gets smaller with each halving.
The second was the Seb Bunny post. Dell's mining point was historical: Satoshi expected nodes and miners to be the same participants, and that split apart quickly once mining hardware became so efficient that it turned into its own business. Today most people who run a node do not mine.
The third was Argentina, the story he said deserved more attention.
I wish the story got more attention, but this is crazy that you have a central bank actively mining Bitcoin.
Dell · 8:23
Then and now
Dell signed off expecting a week for the history books, and the market moved quickly in the weeks after the vote. Of the items on his list, the Microsoft vote failed, MicroStrategy kept buying, and the six-figure targets were hit within weeks before the price fell back. The halving math he described has not changed: miners still earn about 450 new coins a day until the next cut, and the next cut is due about four years after the April 2024 halving.
The conversation continues at Mining Disrupt 2027, March 22 to 24 in Irving, Texas.