Mining pool participation with Foundry Digital LLC
Company: TeraWulf
The claim, verbatim
TeraWulf participates in a mining pool operated by Foundry Digital LLC, a Delaware limited liability company, and receives daily mining rewards and fees based on full pay-per-share compensation calculations
Source (primary)
TeraWulf 10-K filed 2023-03-31 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “We participate in a mining pool operated by Foundry, a limited liability company organized under the laws of the State of Delaware... At the end of each day, our share of the bitcoin earned by each of our miners is collectively sent from Foundry to our wallet address custodied with NYDIG... Foundry uses the Full Pay Per Share payout model”
How we checked this
Checked on September 21, 2026. The cited source supports every part of this claim.
The document confirms Foundry is a Delaware LLC operating TeraWulf's mining pool with daily rewards under the FPPS model.
Confirmed in the source:
- TeraWulf participates in a mining pool operated by Foundry Digital LLC
- Foundry is a Delaware limited liability company
- Earned bitcoin is sent daily from Foundry to TeraWulf's wallet
- Foundry uses a Full Pay Per Share compensation model
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023005301/wulf-20221231x10k.htm) in full (569,235 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 10-K filed 2023-03-31
Quote: “We participate in a mining pool operated by Foundry, a limited liability company organized under the laws of the State of Delaware... At the end of each day, our share of the bitcoin earned by each of our miners is collectively sent from Foundry to our wallet address custodied with NYDIG... Foundry uses the Full Pay Per Share payout model”