BitFury

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.

Blockchain Life 2018
November 15th, 2018

In Russia, St. Petersburg took place one of the largest international blockchain, cryptocurrency and mining forum – Blockchain Life 2018.

Mining Giant BitFury Wins $80 Million in Investments, Hits $1 Billion Valuation
November 8th, 2018

Crypto mining company BitFury has closed a $80 million private funding round led by European venture capital firm Korelya Capital and billionaire Mike Novogratz.

Bitfury Makes It Easier to Pay for Products with Bitcoin with its New Coffee Machine
September 21st, 2018

Once again, Bitfury surprises the crypto-community introducing a new coffee vending machine that accepts Bitcoin payments.

Meet Bitfury Clarke – New, More Efficient Bitcoin Mining Chip Introduced by Bitfury
September 21st, 2018

The world’s leading producer of crypto-mining hardware, BitFury disrupts the market with a new highly efficient ASIC mining chip.

Bitcoin Miner Bitfury Knows How to Make Cooling 95% More Effective
September 6th, 2018

Bitcoin mining giant has invested in immersion cooling technology as it’s competing to mine the remaining of the 21 million mineable bitcoins.

Ukraine Partners with Bitfury to Put All Governmental Data on Blockchain
April 14th, 2017

Ukraine aims to create an entirely new ecosystem for state projects based on the blockchain technology.

Davos 2017: The BitFury Group Launches ‘Global Blockchain Business Council’
January 20th, 2017

The group will provide a forum for cooperation and partnerships in the blockchain sphere and will help businesses to adopt the technology.

BitFury Group to Launch Global Blockchain Business Council (GBBC) in Davos This January
January 5th, 2017

Blockchain technology company Bitfury Group together with international law company Covington will launch a new blockchain advocacy group later this month.

MinerGate Adds Cloud Mining in Partnership with Hashing24
December 27th, 2016

MinerGate has partnered with a BitFury associate Hasing24.com to provide Bitcoin cloud mining service to its clients.

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.