1. Home
  2. Foundry

Foundry

3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty Surged

3 Bitcoin Mining Records Set in October — BTC Hash Price Taps Lifetime Low, While Hashrate and Difficulty SurgedThis month bitcoin’s hash price tapped an all-time low of $66,500 per exahash on Oct. 25, according to statistics from the onchain market intelligence firm Glassnode. Alongside this, the network’s mining difficulty reached a lifetime high at 36.84 trillion on Oct. 23. Despite the high mining difficulty and the lower prices, Bitcoin’s total hashrate reached […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’

Grayscale’s New Co-Investment Vehicle Aims to ‘Capture the Upside of Crypto Winter’On October 6, Grayscale Investments announced a new venture that gives accredited investors the opportunity to invest in the mining infrastructure that powers the digital asset ecosystem. According to the announcement, the co-investment vehicle is called Grayscale Digital Infrastructure Opportunities (GDIO), and the crypto mining firm Foundry will handle the new product’s operations. GDIO is […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC Block

Bitcoin’s Mining Difficulty Rises for the Second Time in a Row — It’s Now 0.63% Harder to Find a BTC BlockOn August 18, 2022, Bitcoin’s mining difficulty increased again after the 1.74% rise two weeks ago on August 4. At block height 749,952 at 7:07 a.m. (EST) the network’s mining difficulty rose by 0.63% from 28.17 trillion to 28.35 trillion Thursday morning. Bitcoin Network Records Second Consecutive Difficulty Increase Since August 4 Finding a bitcoin […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2

Bitcoin’s Mining Difficulty Rises for the First Time in 57 Days, BTC Hashrate Slipped 1.7% Lower in Q2The mining difficulty tied to the Bitcoin network increased for the first time in 57 days, rising 1.74% higher than the last two weeks. Meanwhile, Bitcoin’s hashrate has been below average as the network’s computational power is down 1.7% lower in the second quarter than in Q1 2022. After reaching 292 exahash per second (EH/s) […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining Industry

Foundry Digital Launches Logistics Arm to Advance Standards in the Cryptocurrency Mining IndustryOn Thursday, Foundry Digital LLC, the mining company and subsidiary of Digital Currency Group (DCG), announced the launch of Foundry Logistics in order to advance standards in the cryptocurrency mining industry. The newly launched arm of the company plans to “bridge the gap between hardware manufacturers and buyers by providing an all-in-one solution for mining […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last Month

Bitcoin Block Data Shows Top 5 Pools Retained Over 71% of the Global Hashrate Last MonthDuring the last 30 days, the price of bitcoin has lost more than 22% against the U.S. dollar but during that time, Bitcoin’s hashrate has remained above 200 exahash per second (EH/s). While 16 known mining pools mined the leading crypto asset during the last month, the top five mining pools retained 71.4% of the […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool Position

US Still Dominates Bitcoin Mining Sector, 30-Day Stats Show Foundry USA Takes Top Pool PositionSince the Cambridge Bitcoin Electricity Consumption Index (CBECI) project updated its mining map in mid-July, the United States has continued to dominate in terms of the amount of hashpower worldwide. Moreover, data shows that Foundry USA has managed to command the top pool position with 755 bitcoin block rewards mined during the last 30 days. […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining Pool

Bitcoin’s Hashpower Remains High, Up 163% in 5 Months, Foundry USA Commands Top Mining PoolThe hashpower behind the Bitcoin network has continued to stay above the 180 exahash per second (EH/s) zone after recently reaching a lifetime high. Five months ago the hashrate tapped a low at 69 EH/s and since then, the hashpower has increased by 163% during the last 178 days, or five months ago. Bitcoin Hashrate […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks

DCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking NetworksFoundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and will provide digital asset staking and advisory services going forward. Foundry Launches Staking Services The […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’

Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s Crackdown

Geographic Distribution Data Shows US Takes Leading Bitcoin Mining Position After China’s CrackdownAfter China has reigned for a number of consecutive years as the dominant bitcoin mining epicenter of the world, the United States has “taken the leading position in bitcoin mining,” according to new data from Cambridge University. Data Shows US, Kazakhstan, Russian Federation Rule the Bitcoin Mining Roost In mid-July, researchers from the Cambridge Bitcoin […]

Bitcoin Eyes a Positive Finish to September, Setting the Stage for ‘Uptober’