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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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Georgia signed an agreement to use the Bitcoin Blockchain to verify property transactions. This is the first time a national government is using the Blockchain ...

Georgia Becomes First Country to Register Property on Blockchain

Frisco d'Anconia

2017-02-08T12:30:00+00:00

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Leading Blockchain infrastructure provider and Bitcoin mining firm BitFury secured a $30 mln investment from a Hong Kong-based fintech company Credit China Fint...

BitFury Secures $30 Million Investment to Provide Blockchain Infrastructure in China

2017-01-27T14:15:00+00:00

1060

Bitfury Group and Covington establish the Global Blockchain Business Council, announcing it at Davos on the eve of the Trump succession.

Bitcoin Price Grows As Trump Takes Office, Blockchain Council Created in Davos

2017-01-22T09:22:00+00:00

1385

Several local publications including Caucasus Business Week revealed that the nation of Georgia is ready to utilize Blockchain technology to secure real estate ...

It Takes Two to Tango: Georgia’s Government To Implement BitFury’s Blockchain Project in 2017

2017-01-09T18:40:00+00:00

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George Kikvadze of Bitfury laid out his expectations and predictions for 2017 in regards to the development of the bitcoin industry, community and most importan...

Bitfury Executive Predicts: In 2017, Bitcoin’s Blockchain will Likely be at Helm of Financial Revolution

2016-12-25T11:22:00+00:00

1084

Despite being involved in cloud mining since 2012, Bitcoin mining company, Hashing24 has just recently launched its new system and has started selling hashpower...

Hashing24 Makes Bitcoin Mining Available to Everyone

2016-11-01T15:40:00+00:00

1413

ACINQ has successfully tested and implemented leading Blockchain technology company Bitfury’s algorithm solution for instant payments routing on the Lightning N...

BitFury Lightening Network Successfully Tested with French Bitcoin Company

2016-09-29T10:00:00+01:00

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BitFury has recently released a white paper entitled “Digital Assets on Public Blockchains”. The paper explains how to use the bitcoin blockchain for storing an...

BitFury Explains How to Securely Store and Transfer Digital Assets on the Bitcoin Blockchain

2016-03-27T12:00:00+01:00

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