Here’s your bite-sized, Bitcoin-flavored nuggets of news:
– Digital Currency Group (DCG), the capital markets bigwig, is giving birth to a new crypto-mining baby, fondly named Fortitude Mining.
– Turns out, Fortitude Mining was once nestled in the bosom of Foundry, DCG’s previous mining operation that’s known for its virtuous work in mining and staking.
– Despite this twist and twirl, Foundry retains the sheen of dignity as the biggest Bitcoin mining pool, lording over a staggering 30% of the network’s hashrate.
– As with any birth, the financial midwives are staying schtum on the birthing costs.
Now onto my hot take:
Well, if this doesn’t yell “DIGITAL GOLD RUSH”, then I don’t know what does. In the wild west of crypto, DCG has double-dipped their hands into the mining cookie jar with Foundry and now Fortitude Mining. Someone’s clearly bullish on blocks and bearish on missing out! Spotting crypto-asset megatrends seems to be DCG’s Forti-tude, despite keeping the moolah math hush-hush! #DramaticCryptoBirths #BigCryptoMoves
Digital Currency Group Digs Deeper with Fortitude Mining
DCG Shuffles Mining Operations, Launches Standalone Business
Birth of Fortitude Mining Shows DCG’s Growing Crypto Ambitions
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Original article: https://cointelegraph.com/news/digital-currency-group-spins-out-mining-subsidiary?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound