Full-Time
Engineering Manager
Software Engineering Team
Posted on 9/17/2025
Foundry Digital
51-200 employees
Equipment financing and advisory for mining
Compensation Overview
$189k/yr
Rochester, NY, USA
Remote
Remote telecommuting position in mainland U.S. with travel to HQ in Pittsford, NY as needed.
 Engineering Management (1) |
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- Bachelor’s degree in Computer Science, Computer Engineering, or a closely related STEM/technical field
- Five years of progressive experience in the job offered or as a Software Engineer focused on architecting, developing, and delivering software products
- At least one year of successfully managing, recruiting for, and developing a software engineering team
- Experience involving cryptocurrency with bitcoin mining and blockchain technology
- Understanding of product lifecycle management and improving software products through metrics and experimentation
- Travel to HQ in Pittsford, NY as needed
- Lead and Manage Pool Payments Team: mentor/develop at least 3 direct reports (Software Engineers) through 1:1 meetings and coaching; evaluate/manage individual performance reviews; evaluate, hire, and on-board candidates
- Implement Strategies Around Product Priorities and Customer Needs: coordinate with Product Manager to discuss priorities, progress, and any divergence on project roadmap; work with Product Manager to define update/product backlog
- Develop and Implement Project Plans: map out timelines and milestones; allocate resources based on team skills and requirements; manage risks by identifying and mitigating potential issues
- Provide and Review Designs and Software Architecture: conduct design and code reviews to ensure compliance with established standards, code quality, and best practices; collaborate with cross-functional teams to define and implement architectural improvements
- Collaborate with Other Engineer Managers: keep stakeholders informed about progress/challenges/successes; keep software engineering team informed about company goals
- Spearhead Development of Software Engineering Standards: implement testing and quality assurance processes; develop and maintain documentation for standards, metrics, tooling and best practices
- Serve as External Spokesperson and Subject-Matter Expert: foster industry connections, seek insights, and forge strategic partnerships to drive expansion and recruitment strategy; present at industry conferences, conduct interviews with media and publish thought leadership articles and blogs to reinforce Foundry’s leadership in the field
Foundry Digital provides financing, advisory services, and operational support to institutional clients in the digital currency mining and staking space. It helps fund hardware purchases, offers strategic guidance to optimize mining and staking operations, and supports network infrastructure through partnerships and ongoing services. Backed by Digital Currency Group, it leverages institutional expertise and market intelligence to serve North American miners and global manufacturers, setting it apart from smaller providers. Its goal is to help clients run efficient, profitable mining and staking operations and to grow decentralized networks with transparent, capital-enabled infrastructure.
Company Size
51-200
Company Stage
N/A
Total Funding
N/A
Headquarters
Rochester, New York
Founded
2019
Simplify's Take
What believers are saying
- Zcash pool attracts institutional miners since March 2026 launch.
- Texas site acquisitions from Compute North expand operations.
- Joined Texas Blockchain Council strengthens regional partnerships.
What critics are saying
- Zcash regulations shut down 30% hashrate pool in 6-12 months.
- Marathon Digital erodes Bitcoin pool lead with lower fees.
- Bitmain ASICs obsolete Foundry Hardware within 6-12 months.
What makes Foundry Digital unique
- Foundry runs world's largest Bitcoin mining pool with 31% hashrate.
- Launched Foundry Hardware suite including PSU and Control Board June 2024.
- Provides SOC 1 Type 2 compliant Zcash pool capturing 30% hashrate.
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Benefits
Competitive base salary, bonus & incentive compensation
Unlimited PTO
Professional development budget
Health insurance
Life insurance & disability coverage
401k
FSA
Paid parental leave
Company News
Foundry unveils Zcash block explorer as mining pool reaches 30% of hashrate. April 13, 2026 - By CoinDesk - Original Foundry's Zcash mining pool now controls 30% of the network's hashrate, reflecting rising institutional interest in Zcash mining. Confidence: 80% Horizon: medium-term Key numbers. * 30% * 75 seconds (block production time) * 21 million (total supply cap for Zcash) * 2016 (year Zcash was launched) Market drivers (micro). * Increasing institutional participation in Zcash mining. * Launch of zcashinfo.com providing essential data for miners. * Growing interest in privacy-focused cryptocurrencies. Context (macro). * The cryptocurrency market is witnessing a rise in institutional investment. * Privacy coins are gaining traction amid regulatory scrutiny on traditional cryptocurrencies. Who wins / who loses. * Winners: Foundry and institutional miners benefiting from increased mining efficiency. * Losers: Smaller miners may struggle to compete against large pools controlling significant hashrate. Scenarios. Base Foundry's mining pool will likely continue to grow, attracting more institutional miners and enhancing Zcash's market presence. Alt If regulatory pressures increase on privacy coins, institutional interest may wane, impacting the mining pool's growth. What to Watch next. * Monitor the growth of Foundry's mining pool and its impact on Zcash's hashrate. * Watch for regulatory developments affecting privacy coins. * Observe how zcashinfo.com influences miner decisions and market dynamics. Full analysis. Foundry launches Zcash mining pool and block explorer. In a significant development for the Zcash ecosystem, Foundry has unveiled a new mining pool that has quickly gained traction, now controlling approximately 30% of the total network hashrate. This announcement comes alongside the launch of zcashinfo.com, a dedicated block explorer that provides real-time data on network activity and mining statistics. Institutional interest in Zcash mining. Since its announcement in March, Foundry's Zcash mining pool has attracted a variety of institutional miners, signaling a growing interest in compliant Zcash mining infrastructure. Foundry Digital, known as the largest Bitcoin mining pool by hashrate, aims to expand its influence in the Zcash space, which has traditionally been less prominent compared to Bitcoin. Features of the new block explorer. The newly launched zcashinfo.com offers a comprehensive overview of the Zcash network, including pool rankings, hashrate distribution, block data, and mining difficulty. This transparency is crucial for miners and investors alike, as it allows for better decision-making based on real-time data. Understanding Zcash technology. Zcash, which was launched in 2016, allows users to send transactions on a public blockchain while maintaining privacy through advanced cryptographic techniques known as zero-knowledge proofs. This technology enables the network to verify transactions without disclosing sensitive information such as the sender, receiver, or transaction amount. The Zcash network operates on a proof-of-work mining model, similar to Bitcoin, where specialized machines compete to solve complex cryptographic puzzles. However, Zcash offers a faster block production time, with blocks being generated approximately every 75 seconds, compared to Bitcoin's 10-minute interval. Conclusion. As Foundry continues to expand its footprint in the Zcash mining sector, the introduction of its mining pool and block explorer could pave the way for increased institutional participation and a more robust mining ecosystem for Zcash. With the growing interest in privacy-focused cryptocurrencies, this development is timely and significant for the future of Zcash.
Foundry Digital has officially launched Foundry Zcash Pool, which has already captured approximately 30% of the Zcash network hashrate with multiple institutional miners onboarded. The pool has seen rapid growth since its announcement on 11 March. The service extends Foundry's institutional mining infrastructure to Zcash, offering SOC 1 Type 2 and SOC 2 Type 2 compliance, auditable payouts and real-time reporting. Foundry has also launched Zcashinfo.com, a new block explorer providing on-chain data including pool rankings, hashrate distribution and network difficulty trends. The Rochester-based company operates Foundry USA Pool, the world's leading Bitcoin mining pool. The Zcash pool is designed for professional mining organisations requiring US-based, compliance-ready infrastructure with KYC verification.
Bitcoin faces two-block reorganization amid mining pool competition and centralization concerns. 25.03.2026 104 times read 4 Comments Bitcoin recently witnessed a rare two-block reorganization at block height 941881, triggered by competing mining pools, notably Foundry USA, AntPool, and ViaBTC. This event, although quickly resolved, has reignited discussions about mining centralization within the network. The reorganization occurred when Foundry USA successfully mined consecutive blocks, effectively replacing those previously mined by AntPool and ViaBTC. This led to a temporary split in the network, which was resolved as the network agreed on the longer chain. "Such reorganizations are a natural part of Bitcoin's proof-of-work system. They happen when two miners produce blocks almost simultaneously." Despite the rarity of such events, they are not considered dangerous. In this instance, no transactions were lost, and normal operations resumed within minutes. The incident highlights the competitive dynamics among mining pools and their potential impact on the blockchain. This reorganization followed a recent decline in mining difficulty of nearly 8%. A lower difficulty level can provide dominant mining pools with a temporary advantage in block production. Currently, Foundry USA controls over 30% of the network's hashrate, which likely contributed to its ability to mine consecutive blocks during the incident. While such shifts in hashrate are typically short-lived, they raise concerns about centralization in mining. Analysts have long warned that if a single pool controls too much hashrate, it could pose risks to the network's integrity. Despite the swift resolution of the incident, it has once again raised concerns regarding mining centralization. Research from Chainalysis suggests that pools exceeding 25% of the total hashrate could theoretically influence longer chain reorganizations under certain conditions. Although this scenario remains unlikely, it underscores a significant vulnerability in proof-of-work systems. The presence of large, dominant pools raises questions about whether Bitcoin's mining ecosystem remains sufficiently decentralized. This incident serves as a reminder of how Bitcoin's core mechanisms function, with temporary chain splits and reorganizations being integral to maintaining consensus within the network. Ultimately, the Bitcoin network remains stable following this incident, but the conversation surrounding decentralization is far from over. As institutional interest and mining investments continue to grow, such events may come under closer scrutiny. "The network resolved the conflict without interruption, and no lasting damage occurred." In summary, the recent two-block reorganization highlights the ongoing challenges and dynamics within Bitcoin mining, emphasizing the need for vigilance regarding centralization risks.
Foundry Digital, operator of Bitcoin's largest mining pool, announced plans to launch a Zcash mining pool next month targeting publicly traded companies and financial institutions. The move addresses infrastructure gaps for entities seeking to validate Zcash transactions. Foundry CEO Mike Colyer said Zcash has "matured into an institutional-grade asset" and plays a critical role in advancing financial privacy. The pool will mirror Foundry USA, which controls approximately 31% of Bitcoin's total hashrate and mined roughly 4,150 Bitcoin worth $290 million over the past month. The US-based operation aims to mitigate compliance and counterparty risks whilst offering round-the-clock technical support and auditable reporting tools. Zcash currently trades around $215, up over 600% in the past year. A Foundry spokesperson confirmed Bitcoin mining remains the company's core business despite the expansion.
Foundry Digital LLC has launched a new suite of products aimed at enhancing institutional bitcoin mining operations.