- Foundry, the top dog in Bitcoin mining, is trimming 27% of its workforce as part of a strategic shake-up. 🏗️
- The layoffs span across the U.S. and India, aligning with Foundry's focus on its core mining operations and spinning off its self-mining biz into a separate DCG-controlled entity.
- Despite the cutbacks, Foundry USA remains the heavyweight champ, holding a third of the global Bitcoin mining pool market share.
- As miners brace for Bitcoin's April halving, they're cutting costs and eyeing AI for a tech boost, all while betting on future price hikes.