Bitfury current holds 37.2 million shares of Hut 8.
Category: Bitfury
Bitfury forms MaaS partnership to upgrade $35M Norway data center
The crypto mining firm’s 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy.
Ukrainian Ministry Plans to Track Crypto Transactions With Bitfury
Ukraine’s Ministry for Digital Transformation will be tracking illicit crypto transactions with a crypto analytics startup backed by Bitfury.
Transparency of Russia’s Blockchain Voting Setup Put Under a Microscope
Russia’s blockchain vote was the largest DLT-powered experiment in the country, but whether it went well or not is another matter.
Russia’s Blockchain E-Vote Participants May Have Had Their Private Data Leaked
Russia’s blockchain vote experiences yet another hiccup, as e-constituents’ personal data is reportedly exposed.
Russia’s Blockchain Based E-Vote System Suffers Node Attack
The Bitfury-powered blockchain for the Russian constitutional amendments was reportedly attacked over the weekend.
Bitfury to Launch Bitcoin Mining Fund for Institutional Investors in Japan
Bitfury is planning to launch a Bitcoin mining fund in Japan following a rollout of the offering in North America last month.
Bitcoin Hashrate Bounces Back- 2x the Mining Pools, Farm Diversification, 100 Exahash
Around 18 days ago, the Bitcoin protocol experienced it’s third block reward halving and the network saw a 33% hashrate loss. Since then, however, bitcoin miners have increased in both number and hashpower, as the network has seen a 15-20 exahash per second (EH/s) increase. Moreover, on May 22, there were 17 mining pools hashing […]
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Bitfury Launches Mining Investment Solutions for Institutions
Bitfury is opening the company up to institutional investment, which it says will help family offices and others to diversify their holdings with Bitcoin mining.
Canadian Firm Hut 8 Reports Bitcoin Mined in Q1 Declined 54% Due to Price Volatility
On Monday, Hut 8 Mining reported that first-quarter revenue rose 5% to $9 million from $8.59 million a year ago after the amount of bitcoin (BTC) extracted plunged sharply. Quarter-on-quarter, revenue fell 14%. For the three months to March 31, 2020, the Canadian bitcoin firm said it mined 1,116 BTC, down 54% from the 2,405 […]
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