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Foundry

(Rachel Sun/CoinDesk)
Finance
Analysis
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.
(Rachel Sun/CoinDesk)
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
Video
Digital currency group
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. Strong...
Stronghold Digital Mining CEO on Latest Debt Restructuring Deal
By CoinDesk Inc
Feb 16, 2023 at 9:00 p.m. UTC
Feb 16, 2023
Digital Currency Groupcdtvaab clipFoundryElizabeth WarrenStronghold DigitalCrypto WinterGreg BeardBankruptcySDIG
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.
Antminer bitcoin mining rigs displayed at Consensus 2021 (Christie Harkin/CoinDesk)
By Aoyon Ashraf
Nov 22, 2022 at 11:29 p.m. UTC
Nov 22, 2022
Compute NorthFoundryMiningBitcoin
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
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
Grayscale CEO Michael Sonnenshein (CoinDesk archives)
By Aoyon Ashraf
Oct 6, 2022 at 12:33 p.m. UTC
Oct 6, 2022
GrayscaleFoundryBitcoin MiningMiningBitcoin
Mining Migration: Hashrate’s Journey to North America
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 Americ...
Mining Migration: Hashrate’s Journey to North America
By CoinDesk Staff
Aug 4, 2022 at 6:49 p.m. UTC
Aug 4, 2022
Mike ColyerFoundryembargoExplorations Stage 2022C22
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.
A bitcoin mining farm (Marko Ahtisaari/Flickr)
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.
Bitfarms mining rig repair lab at Cowansville facility (Aoyon Ashraf)
By Eliza Gkritsi
Jul 19, 2022 at 1:00 p.m. UTC
Jul 19, 2022
Bitcoin MiningBitmainFoundry
Consensus 2022 Foundations: Fantom
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...
Consensus 2022 Foundations: Fantom
By CoinDesk Staff
Jun 22, 2022 at 9:55 p.m. UTC
Jun 22, 2022
Austin RamptClay KilgoFoundryFTM AlertsFantomconsensus2022foundations 2022Owen PalmerSpookySwapMichael Kennedy
Foundry Exec on Crypto Mining Industry Outlook
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 minin...
Foundry Exec on Crypto Mining Industry Outlook
By CoinDesk Staff
Jun 1, 2022 at 9:21 p.m. UTC
Jun 1, 2022
New YorkChinacdtvaab clipBitcoin MiningFoundryKazakhstanKevin Zhang
(Just_Super/Getty Images)
Finance
Mining
Foundry to Buy Web 3 Company Upstate Interactive to Expand Blockchain Services
Foundry didn’t disclose the terms of the deal but said it will close at the end of April.
(Just_Super/Getty Images)
By Aoyon Ashraf
Apr 27, 2022 at 1:00 p.m. UTC
Apr 27, 2022
MiningCryptoFoundryAcquisitions