Foundry


Videos

Is Bitcoin Mining Still Profitable?

Vice President of Business Development at Foundry Jeff Burkey discusses the state of the Bitcoin network and hashrate, along with its mining profitability and difficulty. Plus, insights into the launch of FoundryX, a new marketplace for buying and selling bitcoin mining machines.

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Finance

Top Bitcoin Mining Pool Foundry Starts Digital Currency Staking Business

The new business will provide staking services to institutional investors for 20 blockchain networks, including Solana, Helium, The Graph and Horizen.

Foundry, based in Rochester, N.Y., provides services to crypto miners such as equipment financing and pooling.

Videos

The Great Migration of Crypto Mining Amid China’s Most Severe Crypto Ban

Reacting to the North American mining industry making big investments, Kevin Zhang, Vice President of Business Development at crypto mining advisor Foundry, discusses how China’s crackdowns on crypto mining and trading could contribute. He explains the potential impact of the country’s great bitcoin mining migration and where its miners are heading.

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Finance

Nasdaq-Listed CleanSpark Moves Full Mining Power to Foundry’s Pool

The company plans to triple its computing power by next fall.

Máquinas de minería de bitcoin (Shutterstock)

Tech

Open-Source Blockchain Explorer Scores Foundry Development Grant

While small in dollar terms, the grant represents an investment in the further decentralization of the Bitcoin ecosystem.

Foundry, based in Rochester, N.Y., provides services to crypto miners such as equipment financing and pooling.

Markets

Greenidge Buying 8,300 Bitcoin Mining Rigs From New Partner Foundry

The agreement will add 800 petahash to Foundry USA mining pool's computing power, the companies said in a joint statement.

Greenidge Mining center

Videos

State of Bitcoin Mining in China as Crackdown Continues

Kevin Zhang, Foundry VP of Business Development, explains the history of China’s crackdowns on cryptocurrencies and mining operations from 2017 to where we are now. “The most recent crackdowns are the hardest we’ve ever seen,” Zhang said miners are headed to Eastern European and Central Asia. But could they return?

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Videos

How Green Can Bitcoin Go?

Jesse Morris of the Energy Web Foundation and Mike Colyer of Foundry discuss the economics behind “green mining” and how financial incentives can persuade more mining companies to use renewable energy as they look for the cheapest source of energy.

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Finance

Foundry's Mike Colyer on US-China Mining Rivalry and Why Clean Bitcoin 'Makes No Sense'

The New York miner says, "We're seeing a lot of hashrate start to come to the U.S." and many states have friendlier regulations these days.

Andrey Rudakov/Bloomberg via Getty Images

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