🚨 Crypto News Flash: Foundry, a DCG-owned mining pool, has laid off 16% of its U.S. workforce and a small team in India. This move is part of a strategic realignment to focus on core operations and support new subsidiaries like Yuma.

- Foundry aims to maintain its position as the #1 Bitcoin mining pool while expanding site operations.

- The layoffs come as miners face pressure to cut costs ahead of Bitcoin's halving event.

- Bitcoin's hashprice index has dropped significantly, impacting miner earnings.

- Despite challenges, Bitcoin has surged over 130% in the past year.

What are your thoughts on these industry shifts? Share in the comments! 💬