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Bitfury News

Bitfury is a largest non-Chinese company that specializes on the development of Bitcoin blockchain software, which is providing for Bitcoin mining related to it hardware. Besides that, the company has consulting services. BitFury was founded in 2011 by Valery Vavilov, who is the current CEO. Bitfury mining is based on operation system applications and unique technology developed by the company. Also, they created a more efficient algorithm for routing called Flare for the Lightning network, which operates as a secure off-chain channel for faster transactions with less commissions. The Bitfury Group has representatives in the USA, China, Great Britain and Netherlands and datacenter operations are in the Republic of Georgia, Iceland, Canada and Norway.

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Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month.

Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan

2020-06-10T12:31:00+01:00

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Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining...

Bitfury Launches Mining Investment Solutions for Institutions

Andrey Shevchenko

2020-05-26T17:50:00+01:00

3408

Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research.

Bitfury Becomes Latest Crypto Industry Player to Join COVID-19 Research Project

2020-03-31T15:00:00+01:00

1927

Blockchain development firm Bitfury is set to partner with the United Nations Development Programme on a project to conserve and increase Kazakhstan’s forestlan...

Blockchain Firm BitFury Partners With UN on Forest Project in Kazakhstan

2020-01-15T13:40:00+00:00

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New Year Special

Cointelegraph reached out to leaders of the crypto and blockchain space to find out what their New Year’s wish was for the industry.

Key Players in Crypto and Blockchain Share Their New Year’s Wish for 2020

2020-01-01T23:00:00+00:00

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Bitcoin exchange PrimeXBT partnered with blockchain development firm Bitfury to help it ensure Anti-Money Laundering compliance.

Bitcoin Exchange PrimeXBT Partners With Bitfury to Ensure Compliance

Adrian Zmudzinski

2019-09-09T18:46:00+01:00

2098

Bitfury chief executive officer and co-founder Valery Vavilov reportedly said that the company created its AI unit.

Blockchain Startup Bitfury Launches Artificial Intelligence Unit

Adrian Zmudzinski

2019-08-13T13:26:00+01:00

2342

Researcher from RMIT explains why startups will fail to fulfil their promises to disrupt real estate with blockchain.

Real Estate Registry on Blockchain: Promise Land or Wishful Thinking?

Oleksii Konashevych

2019-07-13T13:58:00+01:00

5929