This is the episode where they decide to keep recording until they get the wool. It runs over half an hour, it costs Scoti two deaths, and it ends with a chest full of orange wool. The counter reads Basket 28, Scoti 18 at the start and Basket 28, Scoti 20 at the end.
A hole full of nightmares
It opens with a creeper and an Enderman that's angry and on fire, jumping around. They light up a walkway and block off a room they saw zombies walking out of. A couple of chests by the minecarts give up a Sharpness I stone sword, a stone pick, coal, gunpowder and blaze rods. "Oh dude, I really don't like that blaze spawner."
Then the warning: "Where that stuff blew up, there's a giant hole full of all of your nightmares." A blaze is shooting at them, there are three of them, a spider shows up, and "I'm gonna be burninated." Chat reads "Scoti_Garbidis was fireballed by Blaze" and the counter ticks to 19. "Safety is not their top priority here."
The room with the beds
A chest gives up iron pants, and they dig a little safety hole to regroup. Going back out is a mistake. Spiders, a creeper, and a room with beds and "real bad stuff" in it. Zombies come up the steps, and chat reads "Scoti_Garbidis was slain by Zombie." That's 20.
The zombies also take a sword with them. One of them picks it up, and when it dies another one grabs it before anyone can. "That's friggin terrible."
There's an offer to test one of the beds, which gets "I see no reason to sleep here." They open a chest on a count of three, standing well back. It doesn't explode.
Amlup covered it in lava
They start breaking spawners. There are zombie kids everywhere, the game is lagging, and there's a room full of blazes. Then they find the fleecy box, and the plan to dig in from the top falls apart. "Good job, Amlup." It's covered by lava.
So they go back up for cobblestone and make stone swords and stone picks. Armor is about to break. "Oh, that was thorns. Interesting." And instead of ending the episode there, they decide to keep going: "This might be a long episode guys, but we're giving you what you want."
Someone suggests the TNT they're carrying. The answer is no: "We could end up dropping all of our wool right into a lava pit." Then, "I can't believe I'm the one that's being cautious."
Arrows through the glass
The blazes sit under a glass roof, so one of them pops a hole in it and shoots down through the gap. One blaze spawner sits in the corner behind glass. Blazes don't care much about light, they realize, which is why the spawner along the outside wall never stopped. Zombies keep walking over another spawner right as someone tries to break it. Eventually: "I killed the last blaze that I can see."
The orange wool
They check the fleecy box first and celebrate with a fake high five on a count of three. Inside is a chest full of orange wool.
Another chest nearby had been "giving me the spooks," so it gets opened from as far back as possible in case it blows. It doesn't. It has books, a bottle o' enchanting, pork, a golden apple, leather, and "a non-exploding bed, I think."
Then they haul it all back across the lava bridges to their safe room: the wool, the blaze rods, the anvils, a TNT and a pile of half-broken wooden swords that finally get ditched. "We got the orange wool. Yeah, we got anvils."