Cryptocurrency Analysis and News Portal
The hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or
Read More
The company has secured over 40,000 of the latest-generation mining machines from MicroBT and Bitmain for immediate delivery through 2022 for the new marketplace. For now, the company will be providing new machines only that it has sourced from manufacturers, Foundry’s own inventory, its network of resellers and its existing
Read More
New York-based crypto-mining service provider Foundry USA takes the lead to become the world’s second-largest Bitcoin (BTC) mining pool after taking up a 15.42% share of the network.Data from BTC.com shows that Digital Currency Group-owned Foundry USA stands behind the pool leader AntPool by a hash rate of just 4,000
Read More
Foundry Digital, which is among the world’s top five bitcoin mining pools, launched a new business called “Foundry Staking” to provide services to institutions related to various proof-of-stake (PoS) blockchain networks.“We have made significant investments in engineering talent and PoS infrastructure to replicate our mining success in the fast-growing staking
Read More
The USA Pool of Foundry, a subsidiary of CryptoX parent Digital Currency Group, focuses on institutional mining businesses and integrates with cryptocurrency prime broker Genesis, another DCG-owned company, to provide treasury management services. Foundry USA is the first North American pool to offer the Full-Pay-Per-Share (FPPS) payout method without relying
Read More
Blockcap, one of North America’s fastest-growing Bitcoin (BTC) mining companies, has secured sizable investments from some of crypto’s biggest names, setting the stage for significant expansion in the year ahead.Off The Chain Capital and Foundry Digital, a subsidiary of Digital Currency Group, contributed to the $75 million haul, Blockcap announced
Read MoreChina’s mining giant Bitmain has entered a new partnership to streamline its operations in North America.As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry will provide financing
Read More