According to exclusive reports from Blockspace, Digital Currency Group (DCG) is splitting its mining business Foundry Digital into two independent entities. The new entity Fortitude Mining will include Foundry's self-mining operations and physical infrastructure, while Foundry will retain the mining pool operations and other mining services. According to DCG's third-quarter shareholder letter, Foundry's self-mining operations are expected to generate $80 million in revenue in 2024. Previously, Foundry announced a 27% layoff, reducing its workforce from 274 to 200 employees.