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.

News
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
5928
News
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
Turner Wright
2020-11-04T21:07:07+00:00
11122
News
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
Helen Partz
2020-07-24T20:48:00+01:00
3319
Follow up
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
Stephen O'Neal
2020-07-17T15:03:00+01:00
3645
News
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
Stephen O'Neal
2020-07-10T17:33:00+01:00
3011
News
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
Stephen O'Neal
2020-06-29T12:39:00+01:00
5930
News
Russia’s blockchain vote, powered by Bitfury, is off to a shaky start.
Russia's Blockchain Voting System Malfunctions Soon After Going Live
Stephen O'Neal
2020-06-25T16:00:00+01:00
3025
News
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month.
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
Hisashi Oki
2020-06-10T12:31:00+01:00
3781

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