Foundrydigital.com Review: Legit or Scam?
Cryptocurrency platform keeps evolving daily, and as it keeps evolving, we keep having different platforms offering different services in this space
And just as we know, over the years, the cryptocurrency platform has evolved from trading alone to several fields, from mining, staking, investing, etc
One such key player in the cryptocurrency field we want to examine today is Foundrydigital, as this is one of the big names in the blockchain industry.
In this article, we want to give a detailed insight, into whether this company is a legit one or not.
What is FoundryDigital?
Foundrydigital is a cryptocurrency company located in New York. They offer several cryptocurrency services such as financial asset solutions, staking, mining, etc.
This company started its operation in 2019 under its parent company Digital Currency Group (DCG), which is also a strong cryptocurrency company.
Their promised purpose is to give investors and cryptocurrency miners empowerment to strengthen their global Crypto mining network.
This company gives its users access to various resources, such as capital and tools to enhance their operations.
Also, according to various resources, this company is one of the largest and best crypto mining pools you can find in the world.
Is FoundryDigital Legit?
When of the major questions anyone would ask when dealing or when about to deal with a cryptocurrency is whether the company is legit or not.
Based on our findings, and the available data out there, this company can be declared as a legitimate one. To make our report more clear, let’s show you some findings that make this company a legitimate one.
- Backed by Digital Currency Group (DCG)
Foundrydigital is a subsidiary of Digital Currency Group, which is also one of the major cryptocurrency firms out there
Also, Foundrydigital currency group has investments in several crypto companies like Ripple, Coinbase etc
- Foundry USA Pool:
Without mentioning the name, if you are a cryptocurrency trader, you would have heard of Foundry USA pool, which ranks among the top 5 bitcoin mining pool.
This has made them attract the attention of institution miners.
- Regulatory Compliance:
New York has zero tolerance for scams or fraud and any company that wants to operate must company with their regulations and terms
Foundrydigital operates in New York and they have been able to comply with all the industry standards, which makes them one of the crypto mining pools you can trust.
Financial Performance and Industry Impact
Having been around since 2019, the company has experienced a significant financial performance. It’s also worth noting that in 2021, this company alone has a %15 impact on the Bitcoin global harshrate.
Impressive isn’t it? Also, this company is one of the key players in revitalizing North American Bitcoin mining after China’s crackdown on mining activities.
With their impressive effort, they have been able to give the United States, the balance of mining power.
Glassdoor Reviews
On Glassdoor, this company has received both positive and negative reviews, however, the positive reviews outweigh the negative reviews, and it also has a rating of 3.5 out of 5 rating.
Sounds good right? While some employees left some negative reviews about bad management and communication issues, some have left positive reviews about having such an opportunity to work in the company.
Also, some users testified to the company not having direction when it comes to handling certain projects.
However, there wasn’t any scam allegation on this company.
Should You Trust FoundryDigital?
From all indications and everything we’ve examined, yes Foundrydigital can be trusted, thanks to their robust network and good management.
Also, given the fact this company is a subsidiary of DCG, which has investments in different exchange companies, you should be well assured that this company is one that you can trust.
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Conclusion: Legit or Scam?
Above all, Foundrydigital is a legit company and they have been able to stand the test of time and maintained a rating of 3.5 on Glassdoor.
Also, it’s worth noting cryptocurrency is a volatile business and you should always remain cautious in your dealings with any cryptocurrency company.
Do you have any more questions to ask? Kindly drop them below, and we will be glad to answer them.