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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.

Top News

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Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

LONDON, Nov. 13, 2018 – The Bitfury Group has acquired a substantial minority stake in Final Frontier, a financial services firm that specializes in the blockch...

Bitfury Announces Financial Services Partnership with Final Frontier Final Frontier to Offer Blockchain-Focused Products and Financial Services to Institutional Investors

2018-11-15T15:06:00+00:00

Hodler’s Digest

The central bank is China comes out against crypto air drops, while a flood of fake Elon Musks take Twitter promising crypto giveaways.

Hodler’s Digest, Nov. 5-11: Star Trek’s Captain Kirk Defends ETH Decentralization, Fake Elon Musks Overrun Twitter

Molly Jane Zuckerman

2018-11-11T16:40:00+00:00

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Bitfury has released details of a major funding round with participation from various European and Asian investors.

Mining Giant Bitfury Raises $80 Million in Closed Funding Round as Mining Market ‘Matures’

2018-11-06T10:19:00+00:00

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Sources familiar with the matter told Bloomberg that crypto mining firm Bitfury is considering an Initial Public Offering.

Bloomberg: European Crypto Mining Firm Bitfury Considers Going Public

2018-10-26T01:34:00+01:00

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Bitcoin tech company Bitfury has released a new generation of ASIC Bitcoin mining hardware, and plans to integrate it into its other mining products.

Bitfury Launches New Generation of ASIC-Based Bitcoin Mining Hardware

2018-09-21T03:24:00+01:00

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Public South Korean biotech firm Macrogen has unveiled plans to develop a blockchain-based genomic big data ecosystem.

South Korean Biotech Firm to Use Blockchain for Genomic Big Data Ecosystem

2018-08-07T14:58:00+01:00

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A new location opening for Canadian mining firm Hut 8 has seen it reportedly become the largest publicly-traded mining operator by capacity.

Canada: Bitcoin Miner Hut 8 Becomes ‘Largest’ by Capacity After Second Site Opening

2018-07-19T11:59:00+01:00

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Top blockchain firm launches June campaign, offers 20 other marriage certifications.

Bitfury Helps Team Member Secure Marriage License on Bitcoin Blockchain

2018-06-18T14:53:00+01:00