Operational Management
Business Description
Foreman, the flagship mine management software platform from Baltimore, Maryland-based OBM, Inc., delivers remote monitoring, automation, and energy optimization tools to Bitcoin mining operators across the United States, with its parent company reporting the platform serves more than 10,000 customers.
Founded in 2017 by CEO Daniel Lawrence and CTO Jacob Luers, both former miners who initially built the tool to eliminate manual, on-site equipment reboots, Foreman has expanded into a full operational management stack. The platform provides 24/7 monitoring of hash rates, power consumption, equipment health, and asset configurations, while enabling operators to remotely reboot idle miners, reassign hardware for repairs, and manage unexpected power spikes without traveling to site.
Core platform capabilities include ASIC monitoring, demand response automation, site visualization, business intelligence dashboards, and power control. A companion product, Real-Time Settlements (RTS), addresses collateral friction between miners and power suppliers by providing real-time telemetry and load control, allowing power suppliers to offer flexible payment schedules and reducing the upfront collateral miners must post to secure power agreements.
In June 2022, OBM closed a $3 million Series A funded entirely by NYDIG, the Bitcoin-focused financial services firm. Lawrence stated at the time that the capital would support hiring roughly eight developers to extend the platform's capabilities.
Foreman has assembled demand response integrations across multiple U.S. grid operators. In January 2024, NuEnergen announced a partnership with OBM to automate energy curtailment for the Southwest Power Pool (SPP), with NuEnergen having already offloaded more than 50 megawatts across two Oklahoma mining sites through the integration; the arrangement is designed to extend to NYISO, ERCOT, PJM, and MISO. In July 2024, OBM partnered with GridBeyond to layer GridBeyond's AI-driven Forecaster analytics onto Foreman's curtailment controls for shared mining customers.
In September 2025, Revolution Mining became the first OBM customer to qualify for ERCOT's Controllable Load Resource (CLR) program, which requires facility response to frequency changes within 15 seconds and load adjustments every five minutes. CLR qualification enabled Revolution Mining to expand its permitted load capacity seven-fold, from a 2 MW cap to 15 MW through Texas New Mexico Power (TNMP), with technical integration spanning Foreman, Priority Power Management's grid interface, and Revolution Mining's hardware. That same month, OBM relaunched its corporate identity under a unified obm.io domain, repositioning the parent company as a broader flexible load management platform for data centers and other power-intensive industries while retaining the Foreman brand for mining operators. OBM has publicly disclosed managing loads of up to 500 MW integrated into demand response programs across the country.