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Foundry, Antpool, and Viabtc Dominate Bitcoin Mining: Here’s Why
20.3.2025
Bitcoin mining pools Foundry, Antpool, and Viabtc collectively command over 65% of the network’s global hashrate, amplifying their dominance through scale, competitive fee models, and tailored incentives for participants. What Are Mining Pools? Collaborative mining pools aggregate computational...
Mining Giant Foundry Supercharges Bitcoin Layer-2 Rootstock’s Security
6.2.2025
The move enhances Rootstock’s security while generating new revenue for Foundry
Digital Currency Group Spins Off Crypto Mining Subsidiary Fortitude From Foundry
29.1.2025
Fortitude Mining will produce bitcoin and other proof-of-work tokens
Bitcoin Miner Foundry Cuts Jobs, Focuses on Core Business
5.12.2024
Foundry, a leading bitcoin mining company, has laid off nearly a third of its workforce as part of a broader restructuring effort. Foundry Spins off AI Arm, Cuts Jobs Bitcoin miner Foundry has laid off nearly a third (27%) of its employees, with more than half of those affected based in the U.S....
Bitcoin miner Foundry lays off staff amid restructuring
3.12.2024
Foundry let go of 16% of US staff as part of a broader restructuring that includes spinning out its self-mining business
US Miners Gain Ground as Chinese Pools Lead Bitcoin Hashrate: Cryptoquant
24.9.2024
According to metrics shared by Ki Young Ju, the founder and CEO of cryptoquant.com, mining pools in China currently dominate 55% of Bitcoin’s network hashrate, while U.S.-based mining pools control about 40%. Chinese Pools Still Control Majority of Bitcoin Hashrate On Monday, Cryptoquant’s founder...
Intel shares jump 6% after plan to spin off AI chip-making arm
17.9.2024
Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
All Of The Drama Around The $700 PS5 Pro, Explained
13.9.2024
The PS5 Pro has been rumored for over a year now and turned out to be exactly what most people expected: a similar-looking machine that runs games with incrementally better graphics and performance. The only thing people weren’t expecting was the $700 price tag, and the sticker shock has turned...
Bitcoin Miners Face Leanest Month of 2024: August Earnings Hit Year’s Low
1.9.2024
Bitcoin miners faced their most challenging revenue month of the year in August, marking the lowest earnings since September 2023. Onchain fees collected in August also dipped, reaching a low not seen since last year, with a $4.14 million drop compared to July. August Bitcoin Mining Revenue Drops...
Bitcoin’s Latest Difficulty Rise Challenges Miners Already Facing Revenue Slump
29.8.2024
On Aug. 28, Bitcoin’s mining difficulty bumped up by 2.99% at block height 858,816, pushing the metric from 86.87 trillion to a hefty 89.47 trillion. This tweak adds a bit more challenge for bitcoin miners, especially with hashprice values lingering at very low levels. Bitcoin Network’s...
Data Shows Bitcoin Mining Giants Foundry and Antpool Seize 56.7% of Network’s Hashrate
24.8.2024
In the last three days, Foundry USA and Antpool have emerged as the leading forces in bitcoin mining, together controlling a whopping 56.7% of the network’s total hashrate. Since the year began, Foundry’s hashrate has climbed by about 75 exahash per second (EH/s), marking a significant...
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall
23.8.2024
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate...
Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year
3.8.2024
In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...
Bitcoin Miners’ June Revenue Dips Slightly Below May
1.7.2024
The revenue generated by bitcoin miners slightly declined in June, totaling $963.67 million, down from May’s $964.24 million. Additionally, the hashprice, or the expected value of one petahash per second (PH/s) of hashpower, decreased from $57 per PH/s to the current $48. Bitcoin...
Foundry Unveils New Hardware Suite Targeting Institutional Bitcoin Mining
21.6.2024
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations. Dubbed Foundry Hardware, this initiative introduces specialized equipment designed to improve mining system efficiencies and reliability. Foundry’s New Suite Aims to Optimize...
3 Bitcoin Mining Pools Wield 69% of Total Hashrate Discovering 301 Blocks in 72 Hours
4.6.2024
Figures reveal that over the preceding 72 hours, three bitcoin mining pools discovered more than 69% of the 436 blocks found during that period. Foundry USA and Antpool, two industry titans, command a formidable 55.5% of Bitcoin’s total computational power. Foundry Dominates Bitcoin Mining...
Bitcoin Miners See 46.15% Revenue Drop in May, Lowest Since October 2023
1.6.2024
After two consecutive months of record-breaking revenue, bitcoin miners experienced a significant downturn in earnings in May, a level not seen since October 2023. In April, miners generated $1.79 billion, whereas May’s figures show a considerably lower revenue of approximately $964.24...
Foundry to Isolate and Monetize Bitcoin Halving’s ‘Epic Satoshi,’ Distributing Earnings Among Pool Members
19.4.2024
Foundry, a digital assets mining and staking company, has announced that it plans to monetize what it has called the “epic satoshi,” the first satoshi of the halving block, via Ordinals. If the company mines it through its mining pool, it plans to distribute the proceeds to its members...
A Single Custodian Oversees Nearly Half of Bitcoin’s Block Rewards
12.4.2024
Onchain data indicates that a single custodian now manages the coinbase addresses for at least nine prominent mining pools, which collectively account for 47% of Bitcoin’s total hashrate. The analysis shows that substantial miners’ rewards from pools like F2pool, Antpool, Binance...
PS5 Pro May Not Run GTA 6 At 60 Frames Per Second
20.3.2024
Details about the PS5 Pro keep leaking all over the place, with us recently learning that it’s likely targeting a holiday 2024 release window and that it will apparently feature “PlayStation Spectral Super Resolution,” whatever that is. While headlines are suggesting this is “the most powerful...