The Mining Disrupt News Surge for Monday, July 7, 2025 opened just after the Independence Day weekend with a promise. Before the episode ended, the host said, he would explain how a buyer could, in a sense, get thousands of dollars of Bitcoin mining hardware for free. He gave the show's standing reminder that it is for entertainment and education, not financial advice, and conceded the irony given where the episode was heading.
The market check
Bitcoin was at $107,745 on screen and moving around. At that level a dollar still bought fewer than a thousand sats. Priority fees for on-chain transactions were very low, and the mempool showed little activity. That led him to a question he answers often: should nodes filter out larger transactions that are not payments? His answer was yes. In his view the mempool exists for financial transactions, and if people are not moving money, the blocks should simply reflect that.
From the timeline: a summit, a survey and Africa
The first post came from Grant McCarty, looking back on the Bitcoin Policy Summit held the week before. He praised the organizing team for setting egos aside to do whatever the event needed: carrying supplies, filling in spreadsheets, putting lanyards together, moving furniture and unloading delivery vehicles. The host introduced it with a point of his own: you learn more about a person by watching how they act than from what they say online.
No task was beneath anyone. No detail was too small.
Grant McCarty · 2:22
Next was a thread from Troy Cross on survey work by the Nakamoto Project. In March 2025 it surveyed 3,500 adults across the U.S. and estimated that 48 million American adults own Bitcoin, of whom 11 million hold their own keys. The thread described holders as more likely to be male, young and non-white, and as politically diverse but shifted to the right. Cross wrote that when he and Andrew Perkins ran the first version of the survey the year before, the result that surprised him was that owning Bitcoin was not meaningfully tied to political orientation.
We found that 48 million American adults own Bitcoin.
Troy Cross · 2:48
The mining item came from Gridless, whose work in rural Africa the host called some of the most interesting in Bitcoin. Its post made a financing argument: a new energy site with a mining load sells all of its capacity from the first day, and that changes how the site can be financed.
Bitcoin mining means 100% capacity uptake from day one.
Gridless · 3:34
Ray Dalio's deficit warning
Ray Dalio had written at length about the big, beautiful bill, and the host read only his last sentence. Dalio warned that without cuts to the deficit, made through spending, taxes and interest rates, he expects big, painful disruptions.
unless this path is soon rectified to bring the budget deficit from roughly 7% of GDP to about 3%
Ray Dalio · 4:04
The host's reply was blunt. In his view, a government making those adjustments in a sound, budget-minded way has never happened. He closed the point with the line he credited to Lyn Alden: nothing stops this train.
The write-off
Then came the item he had promised at the top, a post from the Blockware team announcing that accelerated depreciation was back. With the bill passed, the post said, buyers could deduct the full cost of Bitcoin mining hardware in the year they bought it. Its example: someone with $100,000 in capital gains buys $100,000 of miners and writes the whole purchase off. That offset is what the host meant by free machines. The episode did not go into eligibility conditions or limits.
Write off 100% of Bitcoin mining hardware costs in a single year.
Blockware · 5:10
He pointed viewers to the Mining Disrupt Expo in Texas that November as the place to learn about and discuss exactly this.
The hard cap
He ended on a bullish call. He told viewers he expected a massive bull run, and that anyone who thought the bill was bad for Bitcoin, heading into the 250th year of U.S. independence, should look harder at what makes Bitcoin different. For him, the most important property is the fixed supply.
There's 21 million, and that means that it can absorb as much liquidity
Mining Disrupt News Surge host · 6:10
His picture was of government money printers about to run harder than ever, with Bitcoin waiting to absorb whatever the world's governments throw at it.
Then and now
Bitcoin closed at $108,700 on July 7, 2025, the day of the episode. On October 27, 2026 it was $79,780. The bull run the host called for had not held by that date; the hard-cap argument is his, and readers can weigh it against the price since.
Mining Disrupt 2027 runs March 22 to 24 in Irving, Texas.