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Foundry

Bitcoin’s High Fees Brought Back Bull Market-Level Mining Revenue, But Not for Long

The transaction fees debacle might have provided a short-lived revenue bump for the miners but gives a glimpse of the future for the industry.

By Eliza Gkritsi

May 11, 2023 at 3:40 p.m. UTC

May 11, 2023

AnalysisBitcoin MiningMining CentersFoundryBitcoinTransactions

Stronghold Digital Mining CEO on Latest Debt Restructuring Deal

Bitcoin miner Stronghold Digital's SDIG latest debt restructuring deal will allow the postponement of principal repayments on 54 9 million of debt through June 2024 Stronghold Digital Mining CEO and co Chairman Greg Beard discusses the firm's strategies to avoid bankruptcy in a crypto winter Plus insights on the two year deal with miner hosting [...]

By CoinDesk Inc

Feb 16, 2023 at 9:00 p.m. UTC

Feb 16, 2023

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Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)

Finance

Compute north

Crypto Mining and Staking Firm Foundry Buys Some of Troubled Bitcoin Miner Compute North's Assets

Foundry will buy two mining facilities and has an option to acquire a third site that is under development.

By Aoyon Ashraf

Nov 22, 2022 at 11:29 p.m. UTC

Nov 22, 2022

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Finance

Grayscale

Grayscale’s New Venture Aims to Capture Bear Market Opportunities in Bitcoin Mining

Digital asset mining and staking infrastructure firm Foundry,will manage the day-to-day operations of Grayscale’s new co-investment vehicle

By Aoyon Ashraf

Oct 6, 2022 at 12:33 p.m. UTC

Oct 6, 2022

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Video

Mike colyer

Mining Migration: Hashrate’s Journey to North America

Foundry CEO Mike Colyer joins Bitcoiner Nolan Bauerle at Consensus 2022 for a discussion on the role Foundry has played in the mining location shift from China to North America the significance of the Foundry USA Pool which hit the scene as the first top five pool outside of China and predictions for the mining [...]

By CoinDesk Staff

Aug 4, 2022 at 6:49 p.m. UTC

Aug 4, 2022

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A bitcoin mining farm (Marko Ahtisaari/Flickr)

Finance

Foundry

Foundry Starts New Service to Reduce Supply-Chain Lag for Bitcoin Miners

The DCG subsidiary's Foundry Logistics aims to cut down on the time and costs of shipping mining computers.

By Aoyon Ashraf

Jul 28, 2022 at 1:00 p.m. UTC

Jul 28, 2022

FoundryBitcoin MiningSupply Chain

Bitfarms mining rig repair lab at Cowansville facility (Aoyon Ashraf)

Finance

Bitcoin mining

Crypto Mining and Staking Firm Foundry Starts Training Program for Miners

DCG subsidiary Foundry is launching a training program for mining technicians.

By Eliza Gkritsi

Jul 19, 2022 at 1:00 p.m. UTC

Jul 19, 2022

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Video

Austin rampt

Consensus 2022 Foundations: Fantom

Owen Palmer (SpookySwap), Michael Kennedy (Byte Masons) and Pete Ho (Fiberblock) introduce their applications based on Fantom network. Plus, Fantom CEO Michael Kong discusses underlying technologies of the platform, executions of smart contracts and the future of the foundation, followed by a Q&A with Foundry’s Staking Engineer Sam Bond.

By CoinDesk Staff

Jun 22, 2022 at 9:55 p.m. UTC

Jun 22, 2022

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Video

New york

Foundry Exec on Crypto Mining Industry Outlook

Foundry SVP of Mining Strategy Kevin Zhang shares insights into the state of bitcoin mining operations in New York, China, and Kazakhstan, and their impact on the global mining industry.

By CoinDesk Staff

Jun 1, 2022 at 9:21 p.m. UTC

Jun 1, 2022