Digital Currency Group spins out new crypto mining subsidiary
Despite spinning off Fortitude Mining, Foundry retains the largest Bitcoin mining pool with over 30% of the network’s hashrate.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite spinning off Fortitude Mining, Foundry retains the largest Bitcoin mining pool with over 30% of the network’s hashrate.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Trump Crypto Empire Leaves Investors $4.7B Underwater, Public Citizen Report Claims
Key Takeaways: Across five Trump-related crypto products, Public Citizen estimates investors are at least $4.7 billion underwater....
Strive raises $50M to acquire 429 Bitcoin in largest single-day purchase this week
Strive's aggressive Bitcoin acquisition strategy could influence market dynamics and inspire similar corporate investment approach...
Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings
Bitcoin Magazine Genius Group Sets $2B Dual Treasury Target Months After Liquidating Bitcoin Holdings Genius Group has announced a...
Mirae Asset lays out crypto, stablecoin, tokenization plans for Digital X
The South Korean financial group plans to build a $109 billion digital asset business spanning crypto, stablecoins and tokenized a...
Israeli crime groups increasingly use Bitcoin, Tether for money laundering
The rise in crypto use for laundering by Israeli crime groups complicates law enforcement efforts, necessitating advanced internat...
US Bitcoin Mining Grip Slips From Q1 to Q3 as Rival Nations Gain
From the start of the year and 57 days into the third quarter, the United States has seen its share of Bitcoin’s hashrate slide ne...