The mining pool Foundry, owned by Digital Currency Group, announced the launch of the FoundryX marketplace for buying and selling Bitcoin mining equipment.
We led NA mining equipment buying & selling in 2021 & are taking it to the next level. Announcing FoundryX, a marketplace to match buyers and sellers of bitcoin mining machines! Leverage our network of 200+ reputable buyers and sellers👇https://t.co/ywWxOhsoFS
— Foundry (@FoundryServices) December 8, 2021
FoundryX will act as an intermediary, linking sellers and buyers. According to the press release, the marketplace has attracted more than 200 clients, including family offices, mining and energy companies.
Jeff Burki, Foundry’s vice president for business development, told The Block about plans to sell not only new, but also used equipment. The minimum order size will be 50 units.
The marketplace also promises enterprise-grade services for clients, including delivery, logistics and business analytics.
In 2021, Foundry earned more than $125 million, serving clients from the United States, Canada and Norway. Among them were Bit Digital, BitDeer, Bitfarms, CleanSpark, Core Scientific, Compute North, Greenidge, HIVE, Hut 8 and others.
Earlier in November 2021, Foundry rose to the lead in hashrate. At one point its share of the total computing power of the Bitcoin network exceeded 21%.
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