Building the Biggest Bitcoin Mining Pool with Mike Colyer, CEO of Foundry

Digital Gold Podcast

Mike Colyer, CEO of Foundry, began his deep dive into Bitcoin in 2017, ultimately founding Foundry as its first employee in 2019 with a mission to build out the North American mining ecosystem and balance China's hash rate dominance. Foundry now operates a full-stack hash infrastructure platform, with its USA pool capturing nearly one-third of global block production and processing 280 Exahash, while Colyer deeply admires the Bitcoin network's "un-gameable" and self-regulating nature. He foresees Bitcoin mining becoming an integral part of the electrical grid, and Foundry has strategically adapted by spinning off Yuma for decentralized AI and Fortitude for venture mining (including other Proof-of-Work tokens).

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