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Former Comptroller Brian Brooks gets a new gig as Bitfury CEO
5.11.2021
Former Binance.US CEO Brian Brooks has become the new CEO of Bitfury and will oversee the firm’s rapid expansion plans
Bitfury CEO confirms IPO considerations are part of expansion plans
18.10.2021
In 2018, Bitfury raised $80 million from investors like Michael Novogratz’s Galaxy Digital at a $1 billion valuation
Cipher Mining splashes $350M on next-gen Bitcoin mining rigs from Bitfury
13.10.2021
The American Bitcoin mining outfit plans to acquire a total of 28,000 to 56,000 next-generation mining rigs
Mining Hardware Manufacturer Bitfury Plans to Go Public
11.10.2021
Bitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars...
Bitfury Is Said To Be Valued 'In Billions' as IPO Rumors Reemerge
11.10.2021
ank" rel="noopener noreferrer" href="https://www.telegraph.co.uk/technology/2021/10/10/bitcoin-mining-giant-plots-billion-pound-float/">reported, claiming it has obtained information suggesting the offering could have a “price tag in the billions of pounds.”Bitfury, which is headquar
Higher Bitcoin Prices Create Resurrection of Old Mining Rigs, Outdated Miners See New Life
30.8.2021
The price of bitcoin has dipped a hair in value this past week, but the crypto asset is still up 14.4% over the course of the last month. Statistics show that Bitcoin’s hashrate has seen a resurgence and because bitcoin’s price has increased, mining profitability and hashrate...
Bitcoin Mining Report Claims Miner Energy Consumption Mix 56% Sustainable in Q2
4.7.2021
During the last three months, there’s been a significant focus on the effects bitcoin mining has on the global environment. While many have claimed bitcoin mining is bad for the environment and many others have stressed that it affects the environment in a positive way, either way, most...
BTC Hashpower Swells: Bitcoin Network Touches 185 Exahash, Hashrate Climbs 18,400% Since 2016
19.3.2021
During the last week, the Bitcoin network’s hashrate has jumped to a record high of 185 exahash per second on March 14, 2021. The hashpower has relentlessly continued to rise, climbing a whopping 18,400% in five years since January 21, 2016. Bitcoin Price Jumps Over 1,500% in a Year, Hashrate...
$2 Billion Merger: Bitcoin Miner Cipher Going Public Backed by Fidelity and Morgan Stanley
5.3.2021
Cipher Mining, a bitcoin mining operation of Bitfury, has announced that it is going public via a merger with a special purpose acquisition company (SPAC). The deal values the combined company at $2 billion, with funding from investors such as Morgan Stanley and Fidelity. Cipher Mining Technologies...
Bitfury's US Bitcoin mining subsidiary to go public via $2B SPAC merger
5.3.2021
Bitcoin mining firms, even the newly-established ones, seem to be increasingly pursuing public listings
Ukraine to Set up a Large-Scale Crypto Mining Data Center in a Nuclear Power Plant
30.1.2021
Ukraine’s government-owned nuclear power plant picked a firm to build a massive data center in Rivne for cryptocurrency mining operations. After a bidding process, Energoatom chose Kyiv Energy Construction Company to handle the nuclear plant crypto mining project. Nuclear Power Plant Operator...
Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8
9.12.2020
Bitfury current holds 37.2 million shares of Hut 8
Bitfury forms MaaS partnership to upgrade $35M Norway data center
4.11.2020
The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy
Grayscale Scores New Billion, Bitfury Goes Nuclear, Gate.io Launches Wallet + More News
14.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
US-based major crypto investment company Grayscale said it recorded its largest-ever quarterly inflows, over USD 1bn in 3Q20...
Kaspersky Leaves Ethereum For Bitfury, Kuna.io Defends Protesters + More News
7.10.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
The Russian software giant Kaspersky Lab said that it has migrated its Polys blockchain-powered voting solution to a private...
Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury
24.7.2020
Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury
Ukraine’s Digital Ministry to Trace Suspicious Crypto Using Crystal Blockchain Software
24.7.2020
Government officials hope the partnership will fast-track the maturation of Ukrainian crypto markets
Russia’s FSB Is Making Life Harder for Blockchain Companies
23.7.2020
The FSB, Russia’s security agency, wants blockchain companies to certify with them. This could push foreign companies out of the market
Transparency of Russia’s Blockchain Voting Setup Put Under a Microscope
17.7.2020
Russia’s blockchain vote was the largest DLT-powered experiment in the country, but whether it went well or not is another matter
Darknet Markets Are Mixing Bitcoins at Blistering Pace: Report
15.7.2020
Darknet markets mixed $67 million in bitcoin in Q1 2020, a staggering jump from 2019's Q1 total of $3 million