What is poolin & Foundry USA?

Created by a group of former Bitmain employees, Poolin grew to ascendency with impressive speed. It’s now one of the world’s largest mining pools. The pool charges a 2.5% mining fee. Foundry USA is an American-born pool (shock) with great authority in the mining pool ecosystem, determined to be ‘best in class’.

Is Foundry USA a 'best in class' mining pool?

Foundry USA is an American-born pool (shock) with great authority in the mining pool ecosystem, determined to be ‘best in class’. With China’s crackdown on Bitcoin mining and many of the aforementioned pools being China-based companies, it’s not supposed that the well-organized company has risen to be a main contender so fast.

Does Foundry USA have a bitcoin mining pool?

Foundry quietly went live with its bitcoin mining pool in October and did not reveal itself until mid-December with a coinbase signal "Foundry USA #dropgold" — a reference to a slogan used by DCG's Grayscale commercial line.

Why is the foundry pool launching?

The Foundry pool launches amid growing investment in bitcoin mining from North American institutions. The Block reported last month that since October, North American institutions have poured well over half a billion dollars into bitcoin mining hardware purchases.