Foundry is a digital asset infrastructure company focused on providing services that support the security, decentralization, and growth of blockchain networks. Operating as a subsidiary of Digital Currency Group, Foundry delivers institutional-grade solutions across cryptocurrency mining, staking, and blockchain infrastructure, with a particular emphasis on supporting decentralized network participation at scale.
Overview
Foundry offers a suite of infrastructure services designed for institutional participants in the digital asset ecosystem. The company is best known for its role in Bitcoin mining and mining pool operations, but its broader offerings also include staking, validator services, and advisory support for blockchain networks.
Foundry’s mission centers on strengthening decentralized networks by lowering barriers to participation and providing reliable infrastructure for miners, validators, and protocol developers.
History and Background
Foundry was launched in 2020 by Digital Currency Group, a global enterprise that builds, supports, and invests in companies across the digital asset and blockchain industry. The creation of Foundry followed growing demand for institutional infrastructure in mining and network operations, particularly in North America.
Since its formation, Foundry has expanded rapidly, becoming one of the largest contributors to Bitcoin network hash rate through its mining pool and related services. The company has also broadened its scope to support proof-of-stake networks and emerging blockchain protocols.
Core Products and Services
- Bitcoin Mining Pool: Foundry operates one of the largest Bitcoin mining pools by hash rate, providing miners with reliable payout structures, transparency, and technical support.
- Mining and Infrastructure Advisory: Services that assist miners with site selection, hardware procurement, energy strategy, and operational optimization.
- Staking and Validator Services: Institutional-grade staking infrastructure that enables participation in proof-of-stake networks while meeting security and compliance requirements.
- Blockchain Infrastructure Support: Technical and operational services designed to support network decentralization and long-term protocol sustainability.
Technology and Operations
Foundry focuses on delivering resilient and secure infrastructure that meets the needs of large-scale blockchain participants. Its mining pool infrastructure emphasizes uptime, transparency, and fair distribution of rewards, while its staking services are designed to minimize downtime and operational risk.
The company works closely with miners, validators, and protocol teams to ensure infrastructure aligns with network requirements and evolving consensus mechanisms.
Role in the Crypto Ecosystem
Foundry plays a significant role in the Bitcoin ecosystem by supporting miners and contributing to network security. Its North America-based operations have been viewed as part of a broader geographic diversification of Bitcoin mining following regulatory shifts in other regions.
Beyond Bitcoin, Foundry’s expansion into staking and proof-of-stake infrastructure reflects the industry’s shift toward alternative consensus models and the growing institutional interest in network participation.
Relationship with Digital Currency Group
As a subsidiary of Digital Currency Group, Foundry benefits from access to a broad ecosystem of crypto-focused companies, research, and capital. This relationship enables Foundry to collaborate with other DCG portfolio companies and leverage shared expertise across mining, asset management, and blockchain development.
Market Position
Foundry is positioned as a leading infrastructure provider for institutional participants in blockchain networks. Its scale, technical expertise, and focus on decentralization distinguish it from smaller or regionally focused service providers.
The company’s emphasis on compliance, transparency, and operational reliability aligns with the needs of institutional clients and regulated entities entering the digital asset space.
Risks and Considerations
Foundry operates in sectors subject to regulatory scrutiny, particularly cryptocurrency mining and energy usage. Changes in regulations, energy markets, or network economics could impact operations and profitability.
Additionally, infrastructure providers face risks related to hardware availability, network competition, and evolving consensus mechanisms that may affect long-term demand for specific services.
