Latest News and Articles about Foundry USA
Bitcoin Hit by Storm Fern: Foundry Down 60%, DeepSnitch AI’s $1.35M Presale Under Scrutiny
Bitcoin Mining Slammed by Winter Storm Fern: Is DeepSnitch AI’s $1.35M Presale the Fix or Just More Noise? Bitcoin’s battle-hardened network faced a brutal hit as winter storm Fern ripped through the U.S., tanking Foundry USA’s hashrate by 60% and exposing cracks in crypto’s infrastructure. Meanwhile, DeepSnitch AI, a new project touting AI-driven market tools, […]
Read MoreBitcoin Mining Monopoly: Could One Pool Spark a 51% Attack Disaster by 2026?
Mining Monopoly Mayhem: Could a Single Pool Trigger Bitcoin’s Next Black Swan? Bitcoin stands as a beacon of decentralization, but a dark cloud hangs over its future: what happens if one mining pool grabs enough power to rattle the entire network? From the chilling precedent set in 2014 to the dominance of today’s giants and […]
Read MoreU.S. Takes Over 40% of Bitcoin Mining Power, Raising Centralization Concerns
United States Dominates Bitcoin Mining with Over 40% Global Hashrate Share The United States has emerged as the global leader in Bitcoin mining, commanding over 40% of the world’s hashrate by the end of 2024. This surge is primarily driven by Foundry USA, the largest mining pool globally, with a hashrate of 280 EH/s, and […]
Read MoreFoundry Refunds 8.18 BTC Overpayment Amid 60% Layoffs
Bitcoin Miner Foundry Returns Excess 8.18 BTC Fee After Transaction Error Bitcoin mining giant Foundry USA Pool recently refunded an accidental overpayment of a transaction fee amounting to 8.18 BTC, valued at approximately $777,000. This incident, alongside significant layoffs at Foundry, highlights the complexities and economic pressures within the crypto mining industry. 8.18 BTC fee […]
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