Foundry Ranks as the 2nd Largest BTC Mining Pool Globally| bitcoin news | crypto news
1-Foundry Ranks as the 2nd Largest BTC Mining Pool Globally.
--Foundry, an American-based crypto mining pool has climbed up the rankings and is now the second-largest Bitcoin mining pool after AntPool.
--Foundry's rise to the top spot was seen after the Digital Currency Group-owned outfit staked up as much as 14.79% of the total market share.
--The crackdown on digital currency-related activities in China has provided new growth opportunities for American cryptocurrency-focused startups. While the majority of China's exiled Bitcoin miners swarmed to the United States and other crypto safe-havens, American-affiliated industry stakeholders have been increasing their operational funding to capture the market that is slipping away from China.
--The trend is paying off with Foundry who according to BTC.com contributes exactly 24385.20 PH/s hash rate at the time of writing. Foundry’s position in the market was established in part with its competitive payout rate per block. At a $5,500 earning rate per block, Foundry comes off as the highest paying pool amongst the top 5 profiled by BTC.com.
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source : https://blockchain.news/news/foundry-ranks-as-the-2nd-largest-btc-mining-pool-globally
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