{"id":50252,"date":"2021-09-27T18:41:39","date_gmt":"2021-09-27T15:41:39","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=50252"},"modified":"2025-09-02T17:04:06","modified_gmt":"2025-09-02T14:04:06","slug":"cleanspark-becomes-a-client-of-the-foundry-usa-pool","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/cleanspark-becomes-a-client-of-the-foundry-usa-pool\/","title":{"rendered":"CleanSpark becomes a client of the Foundry USA Pool"},"content":{"rendered":"<p>The Nasdaq-listed mining company CleanSpark said it had moved all of its Bitcoin mining hash rate to the Foundry USA Pool, with plans to triple it over the course of a year.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">We\u2019re excited to partner with <a href=\\\"https:\/\/twitter.com\/FoundryServices?ref_src=twsrc%5Etfw\\\">@FoundryServices<\/a>, moving all of our current sustainable <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoinmining?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoinmining<\/a> power of over 1 EH\/s to Foundry USA Pool \u2014 the leading crypto mining pool in North America.<a href=\\\"https:\/\/t.co\/Pcy6VXfq46\\\">https:\/\/t.co\/Pcy6VXfq46<\/a><\/p>\n<p>\u2014 CleanSpark Inc (CLSK) (@CleanSpark_Inc) <a href=\\\"https:\/\/twitter.com\/CleanSpark_Inc\/status\/1442478729318453255?ref_src=twsrc%5Etfw\\\">September 27, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>CleanSpark&#8217;s hash rate stands at 1 EH\/s, generated by 10,000 ASIC devices. The firm plans to raise the figure to 2 EH\/s by the end of this year and to 3.2 EH\/s by autumn next year.<\/p>\n<p>In April CleanSpark announced the purchase of 22,680 miners. In August the firm purchased, for $6.6 million, the second data center in Georgia and announced plans to invest $145 million in the facility. CleanSpark expects its capacity to add 20 MW, enough to power 6,000 miners.<\/p>\n<p>Foundry, a DCG subsidiary led by Barry Silbert, leverages its strategic relationships with Bitcoin-mining device manufacturers to give clients early access to ASIC devices.<\/p>\n<p>Foundry USA also provides \\&#8221;mining-company financing management services\\&#8221;. They flow from the seamless integration of the pool with Genesis, another DCG subsidiary. <\/p>\n<p>The service includes the ability to generate yields from mined coins, secure storage, collateralized Bitcoin lending, use of derivative products, and \\&#8221;smooth\\&#8221; liquidation.<\/p>\n<p>Foundry USA counts <a href=\"https:\/\/forklog.com\/en\/news\/bit-digital-joins-foundry-usa-pool-with-5679-bitcoin-miners\">Bit Digital<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/bitfarms-becomes-a-client-of-the-foundry-usa-mining-pool\">Bitfarms<\/a>, <a href=\"https:\/\/forklog.com\/en\/news\/hive-buys-3019-miners-from-dcg-subsidiary\">Hive<\/a>, BitDeer, Core Scientific, Greenidge and <a href=\"https:\/\/forklog.com\/en\/news\/foundry-digital-opens-mining-pool-for-institutional-clients\">Foundry<\/a> among its clients.<\/p>\n<p>In January, when the subsidiary was created, <a href=\"https:\/\/forklog.com\/en\/news\/barry-silbert-foundry-set-to-become-the-largest-mining-pool-in-the-united-states\">said<\/a> that Foundry would become the largest mining pool in the United States.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news, infographics and opinions <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed mining company CleanSpark said it moved all of its Bitcoin mining hash rate to the Foundry USA Pool, with plans to triple it within a year.<\/p>\n","protected":false},"author":1,"featured_media":50253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1180,1137,1506,26],"class_list":["post-50252","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cleanspark","tag-cryptocurrency-mining","tag-foundry","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"15","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=50252"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50252\/revisions"}],"predecessor-version":[{"id":50254,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/50252\/revisions\/50254"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/50253"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=50252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=50252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=50252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}