Foundry mining pool operator
Company: CleanSpark
The claim, verbatim
Foundry is sole mining pool operator, charging 0.25% of gross bitcoin mining revenues
Source (primary)
CleanSpark 10-Q filed 2025-08-07 (SEC EDGAR, sec_filing)
View cached copy (2026-08-31)Live source ↗
Quote: “our sole mining pool operator (Foundry) that equaled approximately 0.25% of gross bitcoin mining revenues”
How we checked this
Checked on September 17, 2026. The cited source supports part of this claim, but not all of it.
The filing confirms Foundry as the sole pool operator, but the 0.25% figure is the fee level for one quarter only, not a stated fee rate; over nine months the fees equaled about 0.19%.
Confirmed in the source:
- Foundry (Foundry Digital) is CleanSpark's sole mining pool operator
- Mining pool fees equaled approximately 0.25% of gross bitcoin mining revenues for the three months ended June 30, 2025
We could not confirm this from the cited source:
- That Foundry charges 0.25% of gross bitcoin mining revenues as a general or ongoing rate; the filing reports 0.25% only for the June 2025 quarter and approximately 0.19% for the nine months ended June 30, 2025
That does not mean it is false — only that this source does not establish it, as of the date above. If we find a source that settles it, we will re-check and update this page.
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/827876/000082787625000005/clsk-20250630.htm) in full (233,921 characters, retrieved August 31, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms CleanSpark 10-Q filed 2025-08-07
Quote: “our sole mining pool operator (Foundry) that equaled approximately 0.25% of gross bitcoin mining revenues”