DCG Launches Fortitude Mining to Expand Crypto Mining Ventures
Digital Currency Group (DCG) has launched FortITude Mining, a subsidiary of all assets, focusing on risk mining opportunities of various digital assets.
This new joint venture will be established based on Foundry of the DCG Mining Department, which has been active for five years. The casting plant is the world’s largest bitcoin mining pool.
DCG’s perseverance mining is based on the inheritance established in the cast plant
according to announcementThe goal of perseverance mining Mining Bitcoin and other high -growth digital assets In an emerging ecosystem with strong reward potential. DCG is basically rotating in the self -digging unit The casting subsidiary is engaged in separate business.
Andrea Childs, the senior vice president of Foundry, was appointed CEO of Fortitude Mining. Mike Colyer founded the casting plant in 2019 and will continue As CEO of the parent companyEssence
The main goal of perseverance mining is to generate returns by using its professional knowledge and substantive industries.
Barry Silbert, the founder and CEO of DCGIt is pointed out that derivatives of perseverance mining make the company can explore greater growth opportunities, including raising funds, investment and talent acquisition.
“ FortitudeCrypto最初是FoundryServices的一部分，是开创性风险采矿- 一种独特的模型，可提供多样化的加密货币，并早期参与快速增长的工作证明生态系统，而不是比特币，” Silbert， Well -known On X.
Since its launch, the casting plant has greatly developed and has become the world’s leading lead Bitcoin mining pool Since January 2022, this powerful foundation will be dedicated to mining in the future.
Mike Colyer, CEO of Foundry, said: “The perseverance as an independent DCG subsidiary is the key to allow the company to continue to use the self -mining market with favorable cocoa.”
In 2024, perseverance mining invested a lot of investment on the new mining machine to ensure that the team maintains efficiency. The company plans to re -invest in cash inflow and infrastructure in 2025. This focus on supporting the long -term growth strategy and vertical integration of perseverance mining.
Foundry will continue to operate its Bitcoin mining pool and other services. It still focuses on its core business, while benefiting from the independence of perseverance mining.
The latest development is The report reported in December that the cast plant has abandoned 60 % of the labor forceEssence The layoffs are aimed at the company’s non -core functions, including the entire hardware team.
And, in 2023, The bankruptcy loan Gensis sued DCGIts parent company, through unpaid loans.
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