Foundry Digital, a subsidiary of Digital Currency Group, is looking for institutional clients interested in joining its Bitcoin mining pool Foundry USA, CoinDesk reports.
The pool has been operating in beta version since October. It currently accounts for 2.1% of the Bitcoin network hashrate, according to BTC.com.
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US mining company Blockcap has become a new customer of Foundry USA after the end of the beta phase. The firm has approximately 10,000 mining devices that generate a hashrate of 0.95 EH/s. Blockcap expects to receive 10,000 Antminer S19s from Bitmain and 8,400 Avalonminer 1246s from Canaan this year.
Foundry USA has mined 120 BTC since starting operations, 35 of them in February. In March, the pool has mined 24 Bitcoins.
Foundry joined Digital Currency Group in August last year. Following the acquisition, Barry Silbert's company committed to invest $100M in Foundry during 2021.