The launch of a new business undertaking called Foundry Logistics has been announced by Foundry, the cryptocurrency mining, staking, and DCG company.
Following the company’s mid-November 2018 debut of staking services and Foundry’s mining equipment marketplace the following month, the company has now launched a new mining logistics division. “High standards of transparency, efficiency, and dependability in the cryptocurrency mining sector” are what Foundry Logistics seeks to improve and establish.
To provide “cost-effective and fast delivery” in the cryptocurrency mining sector, Foundry Logistics uses local contacts and offices worldwide.
Customs clearance, insurance advice, ocean shipment solutions, national warehousing solutions, and other domestic surface logistics are provided by the business to its clients. In addition, customers of Foundry Logistics have access to various services offered by the cryptocurrency industry and the company’s marketplace for mining equipment, FoundryX.
“With Foundry Logistics, we want to do exactly what Foundry has done with other business verticals: provide the increasing number of institutions in this maturing industry with products, services, and resources that are at par with those that exist in older and more established industries,” MK Sathya, the senior vice president of infrastructure at Foundry Logistics said in a statement sent to Bitcoin.com News.
The top mining pool in terms of BTC’s three-day global hash rate percentages is Foundry USA, a New York-based corporation. Foundry has amassed 38.42 exahashes per second (EH/s), or 18.55 percent, of the Bitcoin network’s overall hash rate during the past three days. 13 mining pools discovered a total of 469 blocks, but Foundry discovered 87 block rewards. According to information collected this year, Foundry USA was the top mining pool, capturing 16.16% of the world’s hash rate. Foundry USA discovered 8,705 blocks out of the 53,864 block prizes discovered during the course of the previous year.
The company’s July 19 launch of Foundry Academy was followed by the debut of Foundry Logistics. The school provides a one-week training course to prepare developers to work in the bitcoin mining sector.
According to information from Foundry Academy, enrollment is available after the program’s first session ends in May. The Rochester, New York, mining complex where Foundry holds its academic classes.
