The Mining Disrupt News Surge for Monday, June 30, 2025 set out to explain one thing: why Bitcoin has to go up. The host was clear about the time frame. Day to day, hour to hour and minute to minute, he said, the price fluctuates. Over months, years and four-year spans, he argued, it rises. He promised to explain why in literally schoolyard terms, using marbles and Pokémon cards, and he gave his usual reminder that the show is for entertainment and education and is not the place for financial advice.
He opened with the Mining Disrupt Expo, the second of the year, set for Dallas, Texas, in November. He had been at the Fort Lauderdale expo in March and described a convention floor full of people mingling, making deals and shaking hands. Dallas, he said, is in the heart of Bitcoin mining in the US.
The numbers and the week's posts
The screen showed Bitcoin at $106,800. On-chain fees were in single digits, about 21,000 transactions were unconfirmed in the mempool, and there were over 22,000 nodes. He called the network healthy.
The week's posts followed. Matthew Pines had written, just before the weekend's 12-day war news, that his instinct was to put some hedges on Bitcoin for Friday night through Sunday; the host said that turned out to be a good call. Max Keiser asked whether the US strikes had been cover to hit Iran's Bitcoin mining facilities. Another post answered that a heat wave in North America, where it said 50% of Bitcoin miners are located, had led miners to switch off in demand response, and that this was why hashrate dropped.
The biggest item was Texas. Governor Greg Abbott had signed Bitcoin into law, and the state now had a strategic Bitcoin reserve bill. The host read a post quoting Lee Bratcher on the future of capital formation being in Texas, and another calling the reserve likely the most important development of the year, more important than the approval of spot Bitcoin ETFs the year before. The host said the US was legitimizing BTC as an asset class and institutional grade collateral, while noting the fine print that the coins need to be held with a verified custodian. The last post was Julien Bittel's updated global M2 chart, with the reminder that the chart is about the trend, not matching tick for tick.
A school that runs on marbles
Then came the analogy. The host said that facts delivered as plain facts get tangled up with too many real-world things, while stories such as Star Wars, Lord of the Rings and The Hobbit stick with people and grow in the mind over time. Rather than walk viewers through an M2 chart, global money supply figures and hashrate, he set his explanation in a K through 12 school, from the youngest children to high schoolers. Every passing grade earns the same pay, whether it is an A plus or a C.
As long as it's in that passing, you get 10 marbles.
Mining Disrupt News Surge host · 5:01
Everything a student wants at school costs marbles: snacks, pens, backpacks and the Pokémon cards friends are trading. The only way to earn marbles is work, trading time and energy for a graded paper. The teachers control the supply and have unlimited access to it. Every year they add more marbles and take a little out for themselves, including to buy Pokémon cards on the side. Students have even seen the marble supply truck back up and unload into the closet. All the teachers have to do is reach in and take some out, again and again. The students start asking why they have to work for marbles that the teachers get for free, and why that should seem right.
A card nobody can print
Then a new card game arrives. Its producer says there will never be more cards than exist now, and that there are exactly 21,000 of them.
I've burned the files. They cannot, nobody can create more of these cards.
Mining Disrupt News Surge host · 6:55
A student who trades marbles for those cards, the host said, should expect the price of the cards in marble terms to keep rising, because the marble supply has no end. The only thing that could stop it would be the teachers' greed suddenly going away.
not in all of human history has greed just gone away as a thing.
Mining Disrupt News Surge host · 7:44
He told viewers there is no missing this train, only avoiding it until they are forced on, and said he did not know whether that day would come in their lifetimes. He called it the most boring thing in Bitcoin that the price was over a hundred thousand dollars and, in his view, would keep rising because greed exists and people will print more money.
And so in fiat terms, Bitcoin has to go up.
Mining Disrupt News Surge host · 8:23
What happened next
Bitcoin closed at $107,690 on June 30, 2025. On October 27, 2026 it traded at $79,780, below the level on the day of the episode. The host's case was explicitly long term, months and years rather than days, and it does not set a date. Readers can weigh it against the price path since. The host signed off by promising to see viewers in Texas in a few months.
Mining Disrupt 2027 runs March 22 to 24 in Irving, Texas.