By CCN.com: Ordinarily, institutional investors in the crypto space are usually portrayed as primarily interested in investing only in digital assets. Now, a partnership between blockchain startup Bitfury Group and Swiss investment firm Final Frontier …
By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain t…
Israeli cryptocurrency mining company Bitfarms wants to become a public company in Canada. According to its press release, the mining company revealed that it had filed a preliminary prospectus with the Ontario Securities Commission, as it commences wi…
Hong-Kong based bitcoin exchange, BTCC has made known through a press release, plans to shut down its mining pool business BTCC Pool Limited after four years of operation in Hong-Kong. According to a statement from the firm published on November 6, 201…
Bitmain has released (and already sold out of) its Antminer S15 model traditional ASIC Bitcoin miner. At a price of $1,475 per unit and a per-customer limit of two, it is comparably one of the better bargains as mining hardware goes. It clocks up to 23…
This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from billionaire investor Mike Novogratz and Korelya Capital’s $80 million investment in the firm. The multi-million dollar fu…
BitFury, a crypto mining company, has announced the closing of a private placement investment of $80 million, bringing the total funds raised by the firm to $170 million since its Series A round in 2014. The round, according to an official press releas…
Cryptocurrency mining firm Bitfury is considering an initial public offering in Amsterdam or London as early as 2019. The move would make Bitfury the first major crypto IPO listed in Europe. The Amsterdam-based blockchain startup could seek a valuation…
Bitmain, the world’s most valuable cryptocurrency company, isn’t ready to relinquish its position as the dominant manufacturer of bitcoin mining chips — at least not yet. The China-based firm on Friday announced that it had developed a new 7nm ap…
With cryptocurrency markets struggling, Bitfury Group has immersed its mining equipment in a non-conducive liquid to reduce costs at its 40-megawatt mining plant in Tbilisi, Georgia, as it races to mine the remaining 21 million mineable bitcoins. The c…
Sydney-based IoT Group, an ASX-listed firm, has inked a deal with the Australian reseller of Bitfury’s bitcoin mining hardware to kickstart a mining operation if it can get a decommissioned coal plant up and running again. In an announcement and disclo…
Bitfury just announced a white paper, in collaboration with Olaoluwa Osuntokun and others from the Lightning Network team, proposing a new algorithmic solution to Lightning Network’s routing problem. A hybrid routing algorithm is proposed which, according to a press release, ensures that “routes can be found as quickly as possible.” According to the whitepaper the […]
The post Bitfury Proposes a Solution to the Bitcoin Routing Problem in the Lightning Network appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
Blockchain Summit 2016 is here. From June 4th through June 7th many thought leaders of blockchain tech will converge on Sir Richard Branson’s Necker Island. No doubt idea exchange will be flowing. So too will the irony that the future of blockchain, a tech that is defined by enabling trustless exchange, is being discussed on […]
The post Industry Heads Convene to Talk Public Blockchains on a Private Island appeared first on CCN: Financial Bitcoin & Cryptocurrency News.
The co-founder and CEO of prominent bitcoin miner BitFury, Valery Vavilov, has penned an impassioned blog to highlight the merits of bitcoin and the bitcoin blockchain at a time when infighting within the bitcoin community is making all the headlines. The executive has also opined that there is the only blockchain that matters, with its […]
The post BitFury CEO: “There Is One Blockchain. The Bitcoin Blockchain.” appeared first on CCN: Financial Bitcoin & Cryptocurrency News.