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Lucy Hu, a senior analyst at Metalpha, told CryptoX that the new peak in mining difficulty, driven by the recent price surge and the halving's proximity, will lead to the dominance of advanced rigs like the Antminer S21, benefiting firms with the latest equipment. Source
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As the new year approaches, more than a dozen bitcoin mining pools still dedicate a total of 238 exahash per second (EH/s) toward the Bitcoin blockchain in order to secure the network and reap mining rewards. Statistics indicate that the mining pool Foundry USA discovered the most block rewards this
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As part of the deal, Foundry will also have rights to completely build out and operate Compute North's facility in Minden, Neb. The deal will also include rights to a fleet of mining machines owned by the miner, as well as its intellectual property, the statement said. Original Source
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Foundry Digital, a digital asset mining and a staking-focused subsidiary of Digital Asset Group, has announced the launch of a new bitcoin mining hardware training program. The training course, which is expected to commence on Nov. 7, is expected to help professionals and enthusiasts learn how to set up a
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“Through worldwide offices and a network of dedicated on-the-ground contacts for every order, Foundry Logistics ensures cost-effective and streamlined deliveries, providing clients with customs clearance, insurance guidance, ocean shipment solutions, national warehouse solutions and other domestic surface logistics,” the statement added. Source
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Digital asset mining and staking firm Foundry Digital has started the Foundry Academy, a program to train and prepare technicians for the crypto and mining industries. Foundry is a subsidiary of Digital Currency Group, which is the parent company of CoinDesk. Original Source
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Upstate Interactive builds distributed applications and smart contracts on Ethereum, supporting DeFi, NFTs, DAOs, and diverse software projects for the modern enterprise, according to a statement. The Upstate Interactive team will be integrated across Foundry's multiple business lines and will help with various products and services related to the infrastructure
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The bitcoin mining operation Mawson Infrastructure Group (MIGI) has started to make hosting deals with key players in the mining industry. On March 1, Securities and Exchange Commission (SEC) documents show that Mawson signed a 100-megawatt (MW) co-location agreement with Celsius Mining. Three days later, Mawson announced a 12-megawatt (MW)
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“Foundry will leverage Blockchain Association’s singular platform, blending industry insights and legal analysis, to inform lawmakers of the economic growth and technological innovations the crypto industry will continue to bring to the job market and electrical grid,“ Foundry said in the statement. Source
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The processing power backing the Bitcoin network has tapped another all-time high (ATH) in 2022, reaching 246 exahash per second (EH/s) on February 12. After the network reached an ATH on January 15, a month later the hashrate increased by 12.43% — this despite the network’s mining difficulty coasting along
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