News + Resources
Foundry in the News
Bitcoin Halving Hype: How Retail Investors Can Prepare
March 26, 2024
So far, there have been three Bitcoin halvings — in 2012, 2016, and 2020 — with the next halving expected to occur in mid-April. Director of Strategy Charles Chong contributes to the conversation around retail investor preparation.
Greenpeace Catches Pushback for Its Bitcoin Mining Report
March 20, 2024
Bitcoiners are pushing back against the group's accusations, describing GreenpeaceUSA’s claims as based on outdated and debunked sources. VP of Public Policy Kyle Schneps contributes to the rebuttal, discussing Bitcoin mining's grid stabilization capabilities.
After China’s Bitcoin Mining Ban, Bitcoin Is Stronger Than Ever
October 31, 2023
China’s Bitcoin mining ban shut down the whole industry and scattered Bitcoin miners to the winds. It’s been two years now – and it should be said that Bitcoin and the hash power built on securing it is stronger than ever. In a twist of fate for the discussions about bitcoin’s environmental impact, it’s also highly likely that shifting from China’s energy mix has helped make Bitcoin more “green” – and emit fewer carbon emissions.
Texas Is Now the Top US Bitcoin Mining Spot: Foundry
September 26, 2023
The Lone Star State of Texas is now the number-one U.S. state for Bitcoin mining, dwarfing rivals by hosting a whopping 28.5% of the nation’s hash rate. The estimate comes from Foundry, the world’s largest Bitcoin mining pool, which aggregated and published data sourced directly from its users. Back in 2021, the firm estimated that the Texas hash rate share was 8.4%.
Foundry Director of Economic and Community Development Adrian Hale Named 2023 IGNITE Award Recipient
August 3, 2023
PRNewswire: Foundry Digital LLC (“Foundry”), a digital asset mining and staking company focused on empowering a decentralized infrastructure, announced that the Greater Rochester Chamber of Commerce honored Foundry’s Director of Economic and Community Development Adrian Hale with the IGNITE Award. The award celebrates young professionals who strive toward the highest levels of personal and professional accomplishment, who excel in their chosen field, devote time and energy to their community in a meaningful way, and forge paths of leadership for others to follow.
Foundry Insights
Turning experience into insights, our blog is where we share our expertise through content authored by Foundry’s thought leaders.
A Bitcoin Miner’s Energy Analysis: 2023 Recap and 2024 Outlook
January 16, 2024
In this article, we analyze historical energy markets and potential future market changes — both crucial considerations for miners amid the upcoming halving.
The Rise of AI and GPU Shortages: How Blockchain Alleviates Machine Learning Bottlenecks
November 13, 2023
With AI’s increasing demand for GPUs, the machine learning industry faces cost and accessibility problems that blockchain can address.
Miner Performance Testing: MicroBT Whatsminer M60S
October 24, 2023
Today, MicroBT announced the Whatsminer M60S at the Blockchain Life 2023 conference. We were able to get our hands on one for an evaluation.
Foundry USA Pool Hashrate by State
September 27, 2023
We aim to provide trusted and transparent data within our industry at every turn. Let’s look at our most current map of the Foundry USA Pool hashrate by state.
Miner Performance Testing: DesiweMiner K10Pro
September 20, 2023
We connected with DesiweMiner back in July at Mining Disrupt 2023, where they showed us their newest model — the K10Pro. We made the following observations after running the machine.
A Deep Dive into BTC Mining & ERCOT’s Four Coincident Peak Program (4CP)
August 24, 2023
In this article, we dive into the concept of 4CP, its benefits to the grid, and how Bitcoin miners can effectively strategize to capitalize on its opportunities.
The Evolution of Ethereum Decentralization
August 21, 2023
Since its 2015 launch, the Ethereum blockchain has transformed to become more decentralized. In this article, we dive into the events that occurred along its path to decentralization.
Decentralizing Ethereum: Foundry Staking Partners with SSV Network as Mainnet Verified Operator
August 7, 2023
SSV offers a vital infrastructure solution aimed at bolstering the decentralization and security of Ethereum validators.
Institutional Staking: Identifying Green Flags in Potential Providers
July 24, 2023
We’re taking the guesswork out of the evaluation process by sharing our top three points to consider when looking for an institutional staking provider.
Miner Performance Testing: MicroBT M50S++
June 30, 2023
Set to hit the market Fall of 2023, we tested the performance of the new MicroBT Whatsminer M50S++ for eight days and broke down the results.
ETH Staking: Why Wholly Owned Infrastructure Matters
May 9, 2023
In this article, we discuss the benefits of bare metal data centers for Ethereum staking, and what institutions should look for when choosing a top-tier staking provider.
Foundry Logistics Q&A
April 27, 2023
We sat down with Foundry Logistics Manager Jimmy Lewis to better understand what goes into a logistics business, the broader market, and learn how Foundry Logistics is serving the mining ecosystem.
Luck of the Mining Pool: How Luck Impacts Bitcoin Miner Success
April 6, 2023
In this article, we dive into how luck variability plays into the Bitcoin mining process — specifically in mining pools.
ETH Withdrawals FAQ
April 5, 2023
The Foundry Staking team organized a FAQ to help current and future stakers navigate the Shanghai/Capella upgrade coming to the Ethereum Mainnet.
Energy Procurement & Profitability: Exploring Bitcoin Mining Economics
March 31, 2023
In the 2nd installment of our content series with CWP, we discuss how miners procure energy and maintain profitability, and what this means for energy companies.
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
Head of Mining
Bitcoin Mining, Bitcoin as an Asset, Bitcoin as Currency, Bitcoin Adoption Cycles, Bitcoin Markets, Tokenization of Real-world Assets
Kseniya Lifanova
VP, Engineering
Staking, Tech Careers, Blockchain 101, Leadership
Tools and Resources
Sharing our information is one of many ways Foundry is committed to advancing the digital infrastructure industry.
Bitcoin Mining Resources
Bitcoin Whitepaper
Bitcoin: A Peer-to-Peer Electronic Cash System. The original thesis written by Satoshi Nakamoto in 2008 describes the original concept of blockchain technology and Bitcoin.
BTC Mining and the Environment
Despite media headlines around the environmental impact of Bitcoin mining, the truth about its sustainability, energy consumption, and carbon footprint is one of an industry ahead of others with respect to decarbonization.
Staking Resources
Bittensor Delegation Guide
Delegated staking is now available on Bittensor, and we’re excited to provide you with a simple, step-by-step guide on delegating your stake.
ETH Withdrawal FAQ
The Foundry Staking team organized a FAQ to help current and future stakers navigate the Shanghai/Capella upgrade.
Energy and Public Policy Resources
Bitcoin and Its Energy, Environmental, and Social Impacts: An Assessment of Key Research Needs in the Mining Sector
We believe that peer-reviewed, data-driven research in the Bitcoin mining space is crucial to its long-term success. Check out the latest Satoshi Action Education research piece about Bitcoin and its energy, environmental, and social impacts — co-authored by Foundry's Director of Public Policy Kyle Schneps.
Financial Inclusion
By learning about crypto and supporting financial inclusion, representatives can form meaningful connections with communities that have experienced centuries of discrimination within the legacy banking system. Candidates of all affiliations can play an active role in embracing inclusive financial technologies.
Mining and Energy Markets
Bitcoin miners and utility-scale power producers can work together to restore the balance needed for a stabilized electrical grid and enable the consistent delivery of electricity to consumers.
Get in Touch
Interested in working together? Drop us a line.