Foundry, the world's largest mining pool with roughly 30% of all Bitcoin hashrate, has cut 60% of its workforce

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Why?

It's a brutal industry. fight to the bottom.

More workforce for McDonalds? 🥲🫂

They are consolidating. There is only so much BTC and if extreme Fomo is coming, they don’t want to share.

It would be interesting why they did that?