Mike Colyer is the CEO of Foundry, a new DCG subsidiary focused on crypto mining. Foundry was created to meet the institutional demand for improved capital access, market efficiency, and transparency in the bitcoin mining industry. The company currently offers three services for the mining ecosystem: equipment financing and procurement; mining and staking; and consulting and advisory services.
In this episode, we discuss Foundry's launch, how they invested $100 million so far, a general mining business overview, the importance of North American hash rate, and Foundry's current product offering.
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