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The lightning network is still under development but that hasn’t stopped the Bitfury Group from launching a new product suite designed to make the system easier for merchants and consumers to use. Wallets, eCommerce Software, Terminals and Nodes Lightning network has been hailed as the savior of Bitcoin,...
Blockchain technology company, Bitfury, has raised $80 million from a number of global institutional and corporate investors. Led by Korelya Capital, the private placement was joined by Macquarie Capital, Asian financial institution Dentsu Inc., European investment company Armat Group, European fund managers Jabre and Lian Group, Argenthal Capital Partners, insurance...
Bitfury is reportedly in talks with global investment banks regarding its plans to launch Europe’s biggest crypto IPO till date, reported Bloomberg. The cryptocurrency mining startup plans to go public in either Amsterdam, London or Hong Kong, with a tentative valuation anywhere between $3 billion to $5 billion,...
Serial crypto entrepreneur Valery Vavilov of Bitfury has struck gold again with his latest venture by solving two of the main hurdles in mining cryptocurrency with some big black boxes. Bitfury Founder makes Crypto Mining Operations Portable The BlackBoxes which are sea containers that have been converted into...
Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over...
Canadian investors will soon be able to get exposure to the rapidly growing market for the specialised computer components that power the world’s Bitcoin mining farms. Hut 8 Mining Corp., backed by Bitfury Group Ltd., is poised to launch on the TSX Venture Exchange in Toronto later this...
With all of the focus on SegWit activation, Bitcoin users tend to forget the Lightning Network is still a real thing. Although a viable implementation of this concept is still far away, progress is being made. BitFury successfully completed their Bitcoin transaction on the Lightning Network as we...
BitFury, cryptocurrency mining hardware and blockchain solutions provider has announced the launch of a new blockchain framework. The open source framework, Exonum is designed to suit enterprise applications. According to the company, Exonum is a private, permissioned blockchain which is anchored to the Bitcoin blockchain for added security...
The leading blockchain technology company, Bitfury has announced a partnership with the Government of Ukraine. As a part of the arrangement, the company will be working closely with the State to create a full-fledged eGovernance solution. Eastern Europe has been lately exhibiting its technological prowess in the cryptocurrency...
The Chinese interests have expanded beyond Bitcoin in the recent days. The world’s largest cryptocurrency market is now focusing on research, development, and implementation of blockchain technology across various industry sectors within the country. Credit China Fintech has aligned itself to the country’s aspirations by making a $30...
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