Bitcoin miner Foundry has laid off 27% of its workforce during a planned restructuring. According to people familiar with the matter, the layoffs include 16% of Foundry's U.S. workforce and some employees of the Indian team. DCG, the parent company of Foundry, which operates Foundry USA, the world's largest bitcoin mining pool, and controls about a third of the market, according to Hashrate Index, has revealed plans to spin off Foundry's self-mining business into a separate entity, but remain under DCG's control.