Foundry
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 company Foundry for 4,500 miners and reaction to Sen. Elizabeth Warren urging the U.S. government to compel crypto miners to disclose their energy consumption data. CoinDesk and Foundry are both owned by Digital Currency Group (DCG).
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.
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
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 landscape leading up to the halving.
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.
Crypto Mining and Staking Firm Foundry Starts Training Program for Miners
DCG subsidiary Foundry is launching a training program for mining technicians.
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.
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.
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.
Foundry Digital Joins Crypto Lobbying Group Blockchain Association
The digital asset mining and staking company joins as policymakers consider regulations for the crypto industry.
