BitFury Group is the largest private Bitcoin Blockchain infrastructure provider and transaction processing company in the world. Founded in 2011 by Valery Vavilov and Valery Nebesny, BitFury has management offices in San Francisco, Washington, D.C., Hong Kong, Amsterdam and London, as well as data-centers in Iceland and the Republic of Georgia.

BitFury derives sustainable advantage through its custom-made application-specific integrated circuits (ASICs), optimized to achieve the lowest power consumption coupled with the highest processing metrics – the parameters that drive mining margins.

The company has an impressive track record, having successfully delivered several prior generations of silicon and has a roadmap to at least double performance-per-watt every 6-12 months. BitFury’s management team and board include seasoned industry veterans with a history of execution in silicon engineering, operational build-up and capitalizing businesses.

Bitfury and Lightning Network Suggest a Solution to the Bitcoin Routing Problem
July 8th, 2016

The blockchain technology company, Bitfury Group, has proposed a new hybrid routing solution that will increase transaction volumes in the bitcoin blockchain network.

BitFury Group Invests in Bitcoin Trading Platform BitPesa
February 29th, 2016

BitFury made an investment in BitPesa, a Pan-African and universal payment and bitcoin trading platform.

BitFury Calls Bitcoin Industry Leaders to Find Consensus in Block Size Debates
February 12th, 2016

BitFury advocates the block size increase to be implemented correctly and with minimum risk.

Blockchain Capital Raises $13M for Second Venture Fund
January 28th, 2016

Blockchain Capital has raised $13 million in a second investment fund aimed at companies within the digital currency and blockchain ecosystem.

BitFury CEO Valery Vavilov Announces Support for Bitcoin Classic with 2MB Block Size
January 18th, 2016

Bitcoin Classic has already been backed up by most bitcoin mining pools, companies, and experts.

BitFury’s New Data Center Will Use Two-Phase Immersion Cooling Project
November 3rd, 2015

3M, BitFury and Allied Control collaborate to build world’s most powerful two-phase immersion cooling project with 3M Novec Engineered Fluid.

The Top Bitcoin Mining Pools That Really Control the Cryptocurrency
August 15th, 2015

Cryptocurrency network analysis company Blocktrail presented data concerning the bitcoin mining pool distribution.

Bitcoin Companies Engage theAudience to Launch Education Campaign on Bitcoin
February 16th, 2015

The Bitcoin Foundation partners with Bitcoin companies BitFury, BitGo, Tally Capital, ChangeTip to join theAudience with the aim of educating businesses, customers, and society about Bitcoin.

BitFury Invests in GoCoin to Enable Processing of Digital Currencies
October 22nd, 2014

BitFury Capital, the investment arm of Bitcoin transaction processing company BitFury Group, makes strategic investment into top digital payment platform to support the adoption of cryptocurrencies.