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There’s (digital) gold in them thar hills: Crypto giant DCG is betting $100 million on mining Bitcoin in North America
August 27, 2020
In the early days of Bitcoin, people could mine the cryptocurrency in their homes using cell phones or laptops. Today, mining crypto is a lot like mining gold: It requires expensive equipment, lots of capital, and the right location. Barry Silbert, a prominent crypto entrepreneur, believes he has the chops to succeed in this challenging new industry and, in doing so, repatriate some Bitcoin production to the U.S. from China.
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Digital Currency Group sets up bitcoin mining subsidiary, commits $100M in funding through next year
August 27, 2020
Crypto venture capital firm Digital Currency Group (DCG) has entered into crypto mining space.
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Foundry Insights

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Foundry Experts

Our team’s experience runs deep. As conference speakers, podcast guests, and media sources, Foundry’s experts are trusted sources of information, insight, and inspiration.

Juri Bulovic

SVP, Enterprise Software

Bitcoin Mining, Bitcoin as an Asset, Bitcoin as Currency, Bitcoin Adoption Cycles, Bitcoin Markets, Tokenization of Real-world Assets

Ann Willmott

Senior Product Manager

Proof-of-work, Bitcoin mining, women in Web3, decentralized infrastructure

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Bitcoin Mining Resources

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