Bitcoin miner Foundry has laid off 27% of its workforce during a planned restructuring. According to people familiar with the matter, the layoffs include 16% of Foundry's U.S. workforce and some employees of the Indian team.
DCG, the parent company of Foundry, which operates Foundry USA, the world's largest bitcoin mining pool, and controls about a third of the market, according to Hashrate Index, has revealed plans to spin off Foundry's self-mining business into a separate entity, but remain under DCG's control.
Bitcoin miner Foundry is laying off 27% of its workforce during a planned restructuring.
2024-12-03 22:13:30
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