BitFury — a popular cryptocurrency mining company that’s also recently focused on making seed investments (and now also bitcoin transaction processing)– has announced today that they’re making yet another addition to their strategic advisory board.
This time around, the individual appointed is Mr. Young Sohn, who is serving as president of Samsung Electronics, in addition to a chief strategy officer role since 2012.
His experience in Silicon Valley and semiconductor industry spans thirty years, and he’s previously served as the CEO and president for four other companies you may or may not be familiar with: Quantum Corporation, Oak Technologies, Agilent Semiconductor, and Inphi Corporation.
Sohn’s experience also extends to a number of other different companies.
“We are excited to welcome Young Sohn to our strategic advisory board which is comprised of some of the most distinguished technology and venture industry leaders,” said BitFury CEO Valery Vavilov in a statement. “Young’s extensive experience in semiconductors and consumer electronics will enable us to explore business opportunities in the consumer electronic devices market.”
“BitFury is well positioned with its custom design chip and data center technology,” adds Sohn. “The company’s commitment to delivering results through strong and consistent execution of its business and growth strategy has not only allowed BitFury to become a highly respected global Bitcoin company, but to also see new opportunities. I am excited about the opportunity to serve as a strategic advisor to support BitFury’s ambitious goals.”
Sohn will join a number of other members of the BitFury board that have been added in recent history, of which include Dr. Jackson Hu, a fellow semiconductor vet.