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Tag Archives: BitFury

Bitfury Integrates Java, Allows for Private Chain Anchoring to Public …

Mining firm and blockchain software service company Bitfury wants to expedite blockchain development for traditional enterprise and business. Working toward this goal, the company announced today that it’s introducing Java binding for its blockchain service, Exonum. The soon-to-be-available binding comes with a software development kit that will allow developers to build private chains on Exonum that can be anchored to ...

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Bitfury: Private Blockchains Are Intermediate Step for Governments

Bitfury was one of the first companies built around the process of bitcoin mining, but the startup also now works on private blockchain software. Some would assume this might have a negative impact on the bitcoin-focused aspects of their business. But, while it’s true that the development of private, permissioned ledger systems means there could be less activity on public ...

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Bitfury Expands to Norway With $35 Million Bitcoin Data Center

Bitcoin mining giant and blockchain tech provider Bitfury is branching out to Norway. After meeting with government officials and partnering with local business leaders, the company is opening the doors of its new energy-efficient, data-mining center, in which executives have already invested $35 million. The center is stationed in the Mo Industrial Park in the town of Mo i Rana ...

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Blockchain Tech Provider Bitfury Gains Government Appr… | News

Blockchain technology company Bitfury announced it will open an “energy efficient” datacenter in Norway March 20 in a deal with the blessing of the government. In a blog post, the business confirmed it would open two sites around the town of Mo i Rana, investing 274 million kronor ($35 mln) in infrastructure and hiring 30 employees. The move comes at ...

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Bitfury Group Invests in “Crowdsurance” Platform REGA – The Merkle

While most people know BitFury as a company involved in mining Bitcoin, it is also an active investor in blockchain technology. The company recently made a key investment in REGA, a firm specializing in insurance products on the blockchain. It’s a rather surprising turn of events, even though BitFury sees merit in the “crowdsurance” business model. Bringing Insurance Products to the Blockchain It is ...

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BitFury Launches Blockchain Investigation Tool to Fight Bitcoin Crime

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Bitfury, a well-known industry group which started in 2011 as a Bitcoin mining company and has since grown into a multinational blockchain research group, has moved into the law enforcement space with the release of its new tool Crystal. The Crystal tool was designed with two main ...

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Bitfury Launches New Software To Fight Bitcoin Crime | News

Blockchain tech group Bitfury, founded in 2011 as a Bitcoin mining company, has launched a software stack called Crystal that is designed to help fight crimes involving Bitcoin, according to a press release issued Tuesday, Jan. 30. Crystal will allow users to detect and examine criminal activity that takes place on the Bitcoin Blockchain and avoid interacting with coins that are associated ...

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Bitfury and First Block Capital Make Strategic Investm… | News

Bitfury, maker of hardware and software for Blockchain mining and management, has announced a strategic investment in Emercoin. The investment is in tandem with First Block Capital, the Canadian crypto investment firm. The Emercoin platform combines proof-of-work (PoW), proof-of-stake (PoS) and Merged Mining into a hybrid model that Bitfury believes will produce more robust flexibility than other Blockchain systems. According to Valery Vavilov, CEO of ...

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