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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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The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs.

Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury

Osato Avan-Nomayo

2021-10-13T18:40:00+01:00

4596

Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings.

Bitfury's US Bitcoin mining subsidiary to go public via $2B SPAC merger

Osato Avan-Nomayo

2021-03-05T13:26:42+00:00

5991

The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy.

Bitfury forms MaaS partnership to upgrade $35M Norway data center

2020-11-04T21:07:07+00:00

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Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury.

Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury

2020-07-24T20:48:00+01:00

3327

Russia’s blockchain vote was the largest DLT-powered experiment in the country, but whether it went well or not is another matter.

Transparency of Russia’s Blockchain Voting Setup Put Under a Microscope

2020-07-17T15:03:00+01:00

3666

Russia’s blockchain vote experiences yet another hiccup, as e-constituents' personal data is reportedly exposed.

Russia’s Blockchain E-Vote Participants May Have Had Their Private Data Leaked

2020-07-10T17:33:00+01:00

3020

The Bitfury-powered blockchain for the Russian constitutional amendments was reportedly attacked over the weekend.

Russia's Blockchain-Based E-Vote System Suffers Node Attack

2020-06-29T12:39:00+01:00

5938

Russia’s blockchain vote, powered by Bitfury, is off to a shaky start.

Russia's Blockchain Voting System Malfunctions Soon After Going Live

2020-06-25T16:00:00+01:00

3034