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1 week ago
Foundry enhances the security of Rootstock through Bitcoin merge mining Cryptonomist 1 week ago

Foundry enhances the security of Rootstock through Bitcoin merge mining

Foundry boosts Rootstock's security via Bitcoin merge mining, enhancing its network with unmatched mining power.

Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security Coindesk 1 week ago

Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security

Foundry boosts Rootstock's security and generates new revenue streams.

2 weeks ago
Digital Currency Group Spins Off Foundry’s Mining Unit to Launch Fortitude Mining Beincrypto 2 weeks ago

Digital Currency Group Spins Off Foundry’s Mining Unit to Launch Fortitude Mining

Digital Currency Group (DCG) launches Fortitude Mining, a subsidiary aimed at high-growth digital asset mining, building on Foundry's legacy.

 Digital Currency Group spins out new crypto mining subsidiary Cointelegraph 2 weeks ago

Digital Currency Group spins out new crypto mining subsidiary

Digital Currency Group has spun out a new crypto mining subsidiary, while Foundry maintains hold as the top Bitcoin mining pool, with over 30% of the network’s hashrate.

DCG spins out new ‘self-mining’ subsidiary, Fortitude Mining, from Foundry bitcoin mining unit The Block 2 weeks ago

DCG spins out new ‘self-mining’ subsidiary, Fortitude Mining, from Foundry bitcoin mining unit

DCG launches Fortitude Mining, a new subsidiary for mining bitcoin and other digital assets.

Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry Coindesk 2 weeks ago

Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry

Digital Currency Group (DCG) has spun off its crypto mining subsidiary, Fortitude, from Foundry, with plans for Fortitude to produce Bitcoin and other proof-of-work tokens.

2 months ago
DCG To Split Foundry Digital Mining Into Two Entities: Report Coingape 11 Dec 2024

DCG To Split Foundry Digital Mining Into Two Entities: Report

Digital Currency Group (DCG) is restructuring its Foundry mining business, splitting it into two entities: Fortitude Mining and Foundry Mining. This decision was communicated to shareholders via a private letter.

Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business Bitcoin.com 05 Dec 2024

Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business

Foundry, a major bitcoin mining company, has reduced its workforce by 27% as it refocuses on its main business operations. The majority of layoffs occurred in the USA. This move is part of a larger restructuring effort which includes spinning off its AI division.

Foundry’s Workforce Reduction Sparks Discussion on Bitcoin Mining Industry Trends Amid Crypto Resurgence Coinotag 04 Dec 2024

Foundry’s Workforce Reduction Sparks Discussion on Bitcoin Mining Industry Trends Amid Crypto Resurgence

Foundry, an American crypto mining company, has laid off 16% of its workforce due to market volatility, highlighting ongoing challenges in the crypto mining industry.

Bitcoin Mining Firm Foundry Confirms Layoffs Despite Rising Miner Revenues Decrypt 04 Dec 2024

Bitcoin Mining Firm Foundry Confirms Layoffs Despite Rising Miner Revenues

Foundry, a U.S.-based Bitcoin mining company, laid off 16% of its workforce amid increasing miner revenues, reflecting a trend of layoffs in the crypto sector.

Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures Bitcoinist 04 Dec 2024

Foundry Cuts Workforce by 60%: The World’s Largest Bitcoin Mining Pool Restructures

Foundry, the largest Bitcoin mining pool, is reducing its workforce by 60% to focus on its core business. This restructuring affects both US and international employees, dropping the workforce from over 250 to approximately 80-90 employees.

Foundry Implements Workforce Reduction Amid Mining Struggles Bitcoinhaber 04 Dec 2024

Foundry Implements Workforce Reduction Amid Mining Struggles

Foundry, a Bitcoin mining pool connected to Digital Currency Group, has reduced its workforce by 16% in the U.S. due to strategic restructuring amid mining challenges.

Foundry Reduces Workforce as Bitcoin Mining Faces Profitability Challenges Cointurk 04 Dec 2024

Foundry Reduces Workforce as Bitcoin Mining Faces Profitability Challenges

Foundry reduces workforce due to industry pressures, as Bitcoin price increases have not significantly benefited mining companies.

Foundry’s Recent Layoffs Prompt Questions About Bitcoin Mining Pool’s Future Amid Industry Challenges Coinotag 04 Dec 2024

Foundry’s Recent Layoffs Prompt Questions About Bitcoin Mining Pool’s Future Amid Industry Challenges

Foundry, the world's largest Bitcoin mining pool, laid off 60% of its staff as part of a strategic pivot, raising questions about its future amid industry challenges.

Bitcoin Mining Pool Foundry Reportedly Reduces Workforce by 60% Beincrypto 04 Dec 2024

Bitcoin Mining Pool Foundry Reportedly Reduces Workforce by 60%

Foundry, part of Digital Currency Group, has reduced its workforce by 60%, focusing on core business areas. The layoffs impacted non-core functions, including the hardware team. Despite challenges, DCG's founder Barry Silbert is launching new projects such as the Yuma AI Ecosystem Accelerator.

Foundry Restructures Amid Layoffs, Aiming to Strengthen World’s Largest Bitcoin Mining Pool Coinotag 04 Dec 2024

Foundry Restructures Amid Layoffs, Aiming to Strengthen World’s Largest Bitcoin Mining Pool

Foundry, the largest Bitcoin mining pool, laid off 27% of its workforce in restructuring efforts.

Foundry Restructures Amid Layoffs and Plans Spinout of Self-Mining Business Linked to Bitcoin Growth Coinotag 03 Dec 2024

Foundry Restructures Amid Layoffs and Plans Spinout of Self-Mining Business Linked to Bitcoin Growth

Foundry is restructuring by laying off 27% of its workforce and spinning out its self-mining business to focus on Bitcoin growth.

 Bitcoin miner Foundry lays off staff amid restructuring Cointelegraph 03 Dec 2024

Bitcoin miner Foundry lays off staff amid restructuring

Foundry has laid off 16% of its US staff as part of a broader restructuring, which includes spinning off its self-mining business.

DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report Coingape 03 Dec 2024

DCG-Backed Bitcoin Miner Foundry Cuts 60% of Workforce: Report

Foundry, a Bitcoin mining firm backed by DCG, has reduced its workforce by 60% across its global offices. The company now employs around 80 people, down from 250.

4 months ago

                        Foundry introduces control board innovation, improving mining efficiency by 5%
                    Ultramining 05 Oct 2024

Foundry introduces control board innovation, improving mining efficiency by 5%

Foundry has launched an innovative control board, boosting mining efficiency by 5% and increasing hashrate by 15%. The board offers customizable modes for improved performance and energy savings, enhancing profitability for miners amid rising industry competition.

5 months ago
Bitcoin Mining Dominance: Foundry and Antpool Lead the Charge in Recent Block Discoveries Coinotag 24 Aug 2024

Bitcoin Mining Dominance: Foundry and Antpool Lead the Charge in Recent Block Discoveries

Foundry and Antpool have emerged as dominant forces in the Bitcoin mining landscape, leading in block discoveries between August 24-27, 2024.

6 months ago

                        Core Scientific Mines 411 Bitcoins and Plans Tech Overhaul with New ASIC Chips
                    Ultramining 06 Aug 2024

Core Scientific Mines 411 Bitcoins and Plans Tech Overhaul with New ASIC Chips

Core Scientific mined 411 Bitcoins in July 2024 and plans to integrate new 3-nanometer ASIC chips by 2025 to enhance operations. The company operates 214,000 miners across multiple states and supports Bitcoin network developers through Foundry Donate.


                        Foundry Launches Miner Donation Program to Support Bitcoin Development
                    Ultramining 23 Jul 2024

Foundry Launches Miner Donation Program to Support Bitcoin Development

Foundry launches a Miner Donation Program for Bitcoin development support through nonprofit partnerships.

7 months ago
Another fork between AntPool (loosing) and Foundry (winning). stacker news 24 Jun 2024

Another fork between AntPool (loosing) and Foundry (winning).

Conflict arises between AntPool and Foundry, with AntPool losing and Foundry gaining an advantage.


                        Foundry Launches Foundry Hardware Suite to Boost Mining Efficiency
                    Ultramining 24 Jun 2024

Foundry Launches Foundry Hardware Suite to Boost Mining Efficiency

Foundry Digital LLC has launched the Foundry Hardware Suite, designed to boost efficiency and reliability in institutional cryptocurrency mining. The suite includes a versatile Power Supply Unit, an Immersion Optimization Kit, and a Control Board for real-time performance tuning.

Revolutionize Solidity Development with Foundry rootstock_io 21 Jun 2024

Revolutionize Solidity Development with Foundry

Tired of clunky smart contract development tools? Say hello to Foundry - a game-changing toolchain for writing & testing Solidity contracts! Learn how to harness the power of Foundry to supercharge your smart contract development workflow. https://t.co/GMIHoh7yRs https://t.co/oAGc4Cbwyq

Foundry won against AntPool's competing block by switching to their own block stacker news 18 Jun 2024

Foundry won against AntPool's competing block by switching to their own block

Foundry won against AntPool's competing block by switching to their own block.

8 months ago
Earlier today, AntPool and Foundry both found a block at height 845869. stacker news 31 May 2024

Earlier today, AntPool and Foundry both found a block at height 845869.

Earlier today, AntPool and Foundry found a block at height 845869.

9 months ago
DCG First Quarter Revenue Hits $229 Million Despite Grayscale's GBTC Slump Coincu 09 May 2024

DCG First Quarter Revenue Hits $229 Million Despite Grayscale's GBTC Slump

Despite Grayscale's GBTC facing challenges, DCG's Q1 revenue climbed to $229M, thanks to contributions from subsidiaries Grayscale, Foundry, and Luno.

Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members Bitcoin.com 19 Apr 2024

Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members

Foundry, a digital assets company, is set to capitalize on the 'epic satoshi' from the next Bitcoin halving by using Ordinals, sharing the revenue with its mining pool members.

Foundry to Distribute “Epic Sat” Bitcoin Halving Profits – Is It Real? Coinotag 18 Apr 2024

Foundry to Distribute “Epic Sat” Bitcoin Halving Profits – Is It Real?

Foundry's announcement of sharing profits from mining the first Bitcoin satoshi post-halving has ignited discussions about a satoshi's uniqueness and its significance.

Bitcoin mining firm Foundry plans to redistribute halving ‘epic sat’ proceeds The Block 18 Apr 2024

Bitcoin mining firm Foundry plans to redistribute halving ‘epic sat’ proceeds

Foundry, a Bitcoin mining firm, intends to distribute profits from the upcoming halving according to the member's hashrate contribution on that day.