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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.

Follow up
A look into the crypto part of Forbes’ fresh ’Fintech 50’ list
Forbes ‘Fintech 50’ List, Reviewed: New Players, Veterans and Startups Which Didn’t Make the Cut
Stephen O'Neal
2019-02-09T17:05:00+00:00
11766
News
The Forbes “Fintech 50” list for 2019 of top fintech firms features little over half as many blockchain companies as before.
Forbes ‘2019 Fintech 50’ Lists About Half as Many Blockchain Companies as 2018 Edition
Adrian Zmudzinski
2019-02-05T12:38:00+00:00
8310
News
Bitfury partners with Seoul-based p2p research firm to launch several mining centers and a cryptocurrency exchange in Paraguay.
Bitfury to Launch Bitcoin Mining Centers in Paraguay With New Partnership
Ana Berman
2019-01-31T12:29:00+00:00
4889
News
Blockchain tech firm Bitfury Group has released a series of new tools for merchants, consumers and developers in a bid to drive wider adoption of the Lightning ...
Bitfury Launches Set of Tools to Drive Lightning Network Adoption
Marie Huillet
2019-01-23T16:31:00+00:00
3341
News
Bitfury Surround joins the various blockchain solutions attempting to introduce more transparency to commercial music structures.
Bitfury Enters Music Industry With Blockchain-Based Open Source Platform Launch
William Suberg
2019-01-16T09:15:00+00:00
4651
News
Mining and blockchain software company Bitfury partners with global consulting group PwC to launch a blockchain accelerator in Russia.
PwC Partners With Bitfury to Create Blockchain Accelerator in Russia
Ana Berman
2018-12-13T17:52:00+00:00
5466
News
Mining and blockchain firm Bitfury has partnered with Russia’s oldest economics university to develop a blockchain course aimed at preparing specialists for the...
Bitfury Partners With Russian Economics University to Establish Blockchain Accelerator
Ana Berman
2018-11-23T21:51:00+00:00
5719
News
Bitfury has added an investment banker to its board of directors and a former U.S. Securities and Exchange Commission (SEC) member to its advisory board.
Ex-SEC Commissioner and Investment Banking Veteran Join Bitfury Team
Marie Huillet
2018-11-21T12:02:00+00:00
3674

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