Tag: BitFury

A New Bitcoin World

Mining Hardware Manufacturer Bitfury Plans to Go Public

bitfuryBitfury, 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 after its latest funding round, and is backed by companies […]


October 11, 2021 0

Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility

Norway Revokes Mining Subsidies, Bitmain Opens Washington FacilityIn mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors. Also Read: Markets Update: Dump Drives Record BTC Volume on […]

The post Bitcoin Mining News: Norway Revokes Subsidies, Bitmain Opens Washington Facility appeared first on Bitcoin News.


November 23, 2018 0

Bitfury is Building the ”Largest Bitcoin Mining Operation in North America”

Bitfury is Building the Largest Bitcoin Mining Operation in North AmericaVancouver’s Hut 8 Mining Corp has announced plans to create “North America’s largest bitcoin mining datacenters”. The ambitious scheme will see the Canadian firm partner with mining specialists Bitfury, who will provide the hardware, software, and maintenance. Subject to necessary funding being raised, the deal is expected to be completed in 2018. Also read: Bitcoin-Based Ethereum […]

The post Bitfury is Building the ”Largest Bitcoin Mining Operation in North America” appeared first on Bitcoin News.


December 5, 2017 0

Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips

Japan's Internet Giant GMO Launching Bitcoin Mining Empire with 7nm ChipsJapan’s leading internet conglomerate and bitcoin exchange operator GMO has announced that it is expanding into the businesses of bitcoin mining and chip manufacturing. The company revealed plans to produce and sell 7nm semiconductor chips and run a mining facility in Northern Europe. Also read: GMO Releases Details of Bitcoin Trading Platform to Launch on May […]

The post Japan’s Internet Giant GMO Launching Bitcoin Mining with 7nm Chips appeared first on Bitcoin News.


September 8, 2017 0

Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus

Russia’s First Deputy Prime Minister Igor Shuvalov has revealed that discussions are underway regarding the creation of government centers for cryptocurrency mining, according to local publications. Meanwhile, a bill is being finalized to provide a legal framework for digital currency including bitcoin. Also read: Russia Prepares to Legalize ICOs Government’s Cryptocurrency Mining Centers The Russian First Deputy […]

The post Russia Discusses Starting Cryptocurrency Mining With Its 20+ Gigawatt Surplus appeared first on Bitcoin News.


August 14, 2017 0