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Foundry USA refunds 8.18 BTC after costly transaction mistake

Foundry USA Pool refunded 8.18 BTC, worth about 777,000 USD, following a fee mistake 91,127 times higher than necessary during block 875475 mining. The system excludes extreme fees from customer payouts, ensuring no disruption in services.

Despite layoffs affecting 60% of staff, Foundry USA Pool continues as the leading Bitcoin mining pool with a hash rate of 273.6 EH/s, controlling 38% of the market. This mirrors Antpool’s $3 million refund due to a fee error in November 2023.

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