Tag: foundry digital

Aug 03 2022

Foundry Digital Donates 1 BTC To Developer Working On Bitcoin Mining Pools

The developer will work on a sub-protocol of Stratum V2, a communications protocol meant to improve miner collaboration, increasing the global hash rate.Foundry Digital has donated 1 BTC to a pseudonymous open-source developer – 4ss0.The developer is working on Stratum V2, a communication protocol for miners and mining pools.Specifically, the developer will improve the decentralization...

Jul 28 2022

Foundry Launches Logistics Arm For Bitcoin Mining Equipment

The firm will provide domestic and international logistic solutions for the acquisition and delivery of bitcoin mining infrastructure with a streamlined process.Foundry has released a new logistics arm to serve as a one-stop shop for all things related to bitcoin mining infrastructure.Foundry Logistics enables transparent and efficient monitoring of shipments allowing customers to accurately...

Jul 12 2021

HIVE Buys 3,019 New Bitcoin Mining Rigs, Joins Foundry USA Pool

Bitcoin mining firm HIVE has announced a purchase of 3,019 rigs to increase its hash rate by 46%, and will be joining Foundry USA Pool.Bitcoin mining company HIVE Blockchain has announced a purchase of 3,019 MicroBT WhatsMiner M30S mining rigs, with the...

Apr 23 2021

Bitfarms To Join Foundry USA Pool, Will Boost Mining Performance Up To 15%

The partnership will expand both Foundry’s and Bitfarm’s operations, while boosting the hash rate share of North America.Bitfarms, an institutional bitcoin mining company, has partnered with Foundry USA Pool, in a partnership that will “Expand [Bitfarms’] Bitcoin Mining Fleet…Instantly Boosting Operating Hashrate By 15%,” according to a press release shared with Bitcoin Magazine today. Bitfarms...

Mar 23 2021

Hut 8 Joins Foundry USA Bitcoin Mining Pool

As one of North America’s largest institutional bitcoin mining operations, Hut 8 is bringing 14,400 mining rigs to the U.S.-based pool.Hut 8 Mining Corp., one of North America’s largest institutional bitcoin miners, announced today that it will be joining the Foundry USA Pool, becoming the largest bitcoin mining operation to do so.“Hut 8 has added a portion of its total fleet;...

Mar 11 2021

Foundry Digital’s Bitcoin Mining Pool Is Welcoming Institutional Clients

Foundry Digital announced that Blockap is mining bitcoin in its pool as it opens its doors to other interested institutional participants.Foundry Digital, a subsidiary of Digital Currency Group, announced today that it is seeking institutional businesses that want to participate in bitcoin mining to participate in its Foundry USA Pool, according to a press release sent to Bitcoin Magazine. The...

Jan 25 2021

Hut 8 Partners With Foundry Digital To Secure 475 PH/s In Bitcoin Mining Capacity

Hut 8 Mining Corp. has announced a partnership with financial services firm Foundry Digital to secure $11.8 million in financing, which it will put toward 5,400 new MicroBT Whatsminer M30S mining rigs, adding 475 petahashes per second (PH/s) to its mining capacity over the next six months. The financing is structured as a 12-month term with an annual interest rate of 16.5 percent....

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