Interview: Foundry’s Mike Colyer On Bitcoin Mining In North America
Mike Colyer, CEO of Foundry, joined the “Bitcoin Magazine Podcast,” to discuss distributing the Bitcoin mining hash rate.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastOn this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with Mike Colyer, the CEO of Foundry, a wholly-owned subsidiary of Digital Currency Group that’s focused on bitcoin mining in the U.S. Foundry is making a massive effort to bring hash rate to North America, both with physical hardware as well as by building the Foundry USA mining pool.Colyer is extremely....
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The partnership will expand both Foundry’s and Bitfarm’s operations, while boosting the hash rate share of North America.
"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO. Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy. Speaking at the Crypto Mining Forum online event today, Colyer said he believes that as major energy companies see the economic benefits of mining cryptocurrencies like Bitcoin (BTC), it may lead to a restructuring of both capital and operations. Calling Bitcoin....
A newly published regional report shows that China’s hashrate has likely dropped to 55% while the U.S. has climbed to 11%. Another study predicts that it’s possible North America could overtake China in terms of hashrate by the end of 2021. Bitcoin Mining Farm Operator Says Mining Industry in North America Is Booming For years now China has been the most dominant region in terms of bitcoin miners worldwide and at one point 65% to 70% of the network hashrate stemmed from the country. In May 2021, the Bitcoin hashrate is significantly higher nearing 200 exahash per second (EH/s)....
Bitcoin mining farm operator Compute North and financial services group Foundry Digital are bringing more hash power to North America. The post Compute North, Foundry Digital Partner To Bring More Bitcoin Mining To North America appeared first on Bitcoin Magazine.
Your guide to the latest trends from North America’s bitcoin mining companies, pools, firmware providers and financial services companies. The post A Hitchhiker’s Guide To Bitcoin Mining In North America appeared first on Bitcoin Magazine.