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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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Ukraine’s government is going to auction seized assets through decentralized Blockchain for more transparent accountability.

Ukraine to Auction Seized Assets Through Blockchain Showing It Fights Corruption

Joshua Althauser

2017-09-09T12:50:00+01:00

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Within 24 hours, Bitcoin price recorded a staggering 13 percent surge in value. The activation of SegWit will lead to a 75 percent optimization of Bitcoin block...

Bitcoin Price Breaks $2,600 As SegWit Nearly Finalized, $3,000 In Sight

2017-07-20T17:00:00+01:00

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Bitfury, which has maintained its position as the second largest mining pool in the market, released its first enterprise-grade Blockchain software.

Bitcoin Mining Giant Bitfury Releases Enterprise-Grade Blockchain

2017-07-18T07:50:00+01:00

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Bitcoin price achieved its new all-time high yet again earlier this morning at $1,442. The average trading value of Bitcoin was similar throughout the Japanese ...

Bitcoin Price New All-Time High at $1,442, Bitfury Executive Predicts $5,000

2017-05-02T08:17:00+01:00

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Cointelegraph spoke to Valery Vavilov, BitFury CEO, about mining, government Blockchain implementation, the first SegWit block mined and future plans of his com...

Exclusive Interview with BitFury CEO: Bitcoin Mining, Blockchain, SegWit & More

Vladimir Smerkis

2017-04-23T11:55:00+01:00

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Georgia sees more than 100,000 property registration records on Blockchain since February 2017.

Georgia Records 100,000 Land Titles on Bitcoin Blockchain: BitFury

Vladimir Smerkis

2017-04-20T17:45:00+01:00

11275

Bitfury Group has signed a partnership agreement with the government of Ukraine, plans to put all electronic data on the Blockchain.

Bitfury Signs Blockchain Partnership with Ukrainian Government

Andrew Marshall

2017-04-13T16:10:00+01:00

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On March 26, Bitfury mined its first Segwit block with Bitcoin Improvement Proposal (BIP) 148 that contains the Segwit signal tag.

Bitfury Mines its First SegWit Block, Armory Says No to Bitcoin Unlimited

2017-03-28T08:37:00+01:00

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