Business

Foundry Launches Bitcoin Mining Market

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Foundry Digital LLC has launched a marketplace to match buyers and sellers interested in bitcoin mining machines, the company said in a statement sent to… Bitcoin Magazine.

FoundryX seeks to cut wait times and bureaucracy for US buyers looking to purchase new rigs, ensuring timely delivery of mining rigs compared to the lengthy process required to import they are from Asia. Foundry’s secondary market strives to find the right buyers and sellers at competitive prices.

“Global semiconductor chip shortages and supply chain issues have made it difficult for North American miners to procure machinery from Asia on time,” according to the statement. “There is also a large influx of new resellers who suddenly require a substantial wire deposit to reserve the machine, which makes the process all the more difficult.”

https://bitcoinmagazine.com/business/foundry-launches-marketplace-of-bitcoin-miners Foundry Launches Bitcoin Mining Market

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