Foundry to start mining Zcash as BTC’s luster continues to fade
As BTC approaches its 21 million cap, miners may shift to AI profits, raising the question of whether…
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Foundry USA
39 posts
Curtain falls on BTC’s decentralization theater; mining crumbles
BTC’s barren mempool has forced block reward miners to lower their transaction fee standards, exacerbating a 'survival of…
Foundry mined over a third of all Bitcoin blocks in the past week
Foundry USA and AntPool have been dominating the Bitcoin mining ecosystem in recent weeks. Foundry USA is the…
Bitcoin miner Foundry lays off staff amid restructuring
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out…
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China…
BTC mining profits elusive as difficulty hits all-time high
Bitbo data revealed BTC miner revenue hitting $827.5 million in August, lower than this year’s peak of $1.93…
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since…
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from…
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this…
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed…