🚀 **Crypto Mining Shake-Up: Foundry Lays Off 16% of U.S. Staff**

- Digital Currency Group's mining pool, Foundry, is streamlining operations, laying off 16% of its U.S. workforce and a small team in India.

- The move aligns with DCG's strategy to focus on core operations and support new subsidiaries like Yuma.

- Bitcoin miners face cost-cutting pressures as the upcoming halving event reduces mining profitability.

- Despite challenges, Bitcoin has surged over 130% this year. 📈

What are your thoughts on the future of crypto mining? Share in the comments!