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Foundry Digital announced on Wednesday that it has launched a bitcoin mining equipment market called Foundryx. According to Foundry, the company can use more than 40,000 miners that are ready for resale. In addition to the market launch, the company’s mining business Foundry USA has become the world’s largest bitcoin miner.
Mining Pool Foundry USA became a top Bitcoin miner, the company revealed a new mining machine market that can use 40,000 ASICs
At the end of August 2020, Digital Currency Group (DCG) revealed that it pledged $100 million to a cryptocurrency mining company called foundryThe company was quietly established in 2019, and since its establishment, it has made significant progress in the Bitcoin mining industry.
As a subsidiary of DCG, Foundry provides machines, funds, consulting and intelligence to digital asset miners.The company also operates a mining pool called American Foundry,This is The largest Bitcoin mining pool On December 8, 2021, it has 16.5% of global computing power or 29.83 exahash (EH/s) per second.
In the past few months, Foundry USA has been the top mining pool and has been occupying a place among the top five mining pools in the world.On the same day, Foundry has the world’s largest SHA256 computing power and announced the launch of the Bitcoin mining equipment market called Foundries.
This market matches buyers and sellers of bitcoin mining machines, and customers can access the company’s inventory and pricing. The company detailed that it has acquired more than 40,000 machines from Microbt and Bitmain, which can be delivered in 2022.
Foundry also said that Foundryx customers can also use the company’s enterprise-level products, including financing, transportation, logistics and joint mining services through the company’s mining pool Foundry USA.
Foundry aims to provide a reliable U.S. secondary market for mining machines
Due to the shortage of semiconductor chips and supply chain issues that plague the industry, Foundry explained in detail that the company aims to simplify the process of acquiring miners. In addition, some dealers require high deposits to purchase high-quality machines.
The company’s announcement explained: “Foundry solves these problems by providing buyers and sellers with a trustworthy and reliable secondary market for mining equipment in the United States.”
“With industry-leading customers and partners, from machine manufacturers to mining companies, we have market knowledge and data to match the right buyers and sellers at the right price,” Jeff Burkey, Vice President of Foundry Business Development, in an announcement Means in.
Foundry’s market follows the company emission Provide a series of services for 20 encrypted betting networks. The company also cooperated with a series of Bitcoin mining operations this year, including companies such as Greenidge Generation Holdings, Bitfams, Hut8, Cleanspark, Core Scientific, Compute North, Bit Digital, Bitdeer and Hive.
What do you think of Foundry’s launch of the Bitcoin mining equipment market called Foundryx? Please tell us your thoughts on this topic in the comments section below.
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