BitFury partner Hut 8 diversifies Bitcoin mining competition with capacity upgrade
Serial crypto entrepreneur Valery Vavilov of Bitfury has struck gold again with his latest venture by solving two of the main hurdles in mining cryptocurrency with some big black boxes. Bitfury Founder makes Crypto Mining Operations Portable The BlackBoxes which are sea containers that have been converted into giant, portable mining rigs hold one hundred… […]
At Consensus 2018, many blockchain software developers viewed Bitmain’s recent launch of their newest Application Specific Integrated Circuit (ASIC) miners as proof of the impending future for all cryptocurrencies. ASIC hardware will soon hit the markets for previously deemed ASIC-resistant cryptocurrencies such as Ethereum, Monero, and Zcash. David Vorick, a founder of ASIC manufacturer Obelisk stated: “I think any GPU-mined coin […]
The Japanese company GMO Internet Group announced on Wednesday the launch of their bitcoin application specific integrated circuit (ASIC) miner built on a 7nm architecture. They are aiming for the new compact chip design to launch on the 6th of June and for mass production of the B2 miner to lead to the shipping of the […]
Hut 8 Mining Group raised $70 million CAD to invest in mining machines, and mined 828 bitcoins in the first quarter of 2018.
A former U.S. Department of Justice section head has been hired to help drive sales of Bitfury’s Crystal, a blockchain tracking product.
Bitcoin mining is increasingly becoming an activity for big business as the complex calculations needed to generate the virtual currency require industrial-scale capabilities. As the mining industry matures, the expected consolidation is likely to oust ‘regular folks’ that use their personal computers. Large Cryptocurrency Miners Are Taking Over the Game Bill Tai, the chairman of… […]
Bitfury-backed Hut 8 Mining Corp has secured a new headquarters in Canada’s Alberta province.
Ethereum-based CryptoKitties game received $12 mln from investors led by Andreessen Horowitz and Union Square Ventures. #NEWS
$35 mln datacenter to be built in Norway in Bitfury energy efficiency drive. #NEWS
Canadian investors will soon be able to get exposure to the rapidly growing market for the specialised computer components that power the world’s Bitcoin mining farms. Hut 8 Mining Corp., backed by Bitfury Group Ltd., is poised to launch on the TSX Venture Exchange in Toronto later this month. Bitfury is the main competition to […]
Hut 8, two months after announcing its partnership with Bitfury, is preparing to be listed on the TSX Venture Exchange prior to expanding mining ops.
Tracking funds on the blockchain may help catch crooks, but such snooping undermines one of the most important characteristics of money: Fungibility.
Bitfury group enters the fight against Bitcoin criminals by launching new software to track coins #NEWS
The darknet has been quiet of late, which is the way it’s meant to be. No news means no mega busts, honeypots, or mass market shutdowns. Even when it’s out of the spotlight though, the deep web is quietly making news, whether trialling the latest privacy coins or the newest coin mixers that promise to […]