Tag: bitfury

Feb 25 2022

Dispatch From Georgia: Why Is This Small, Former Soviet Country So Popular For Bitcoin Mining?

Bitcoin miners have an outsized presence in Georgia, but what’s so special about the country’s attitude, energy mix and regulatory environment?The below article is part of a larger series on Bitcoin mining around the world compiled by the team at Arcane Research.Bitcoin miners have an outsized presence in Georgia, considering the country’s tiny geographical size and small population. What makes...

Feb 23 2022

Bitfury Announces New 28MW Crypto Mining Facility in Ontario

Bitfury Group, a cryptocurrency and blockchain company headquartered in Amsterdam, announced today that it has launched a new 28 megawatts (MW) digital asset mining data center in Sarnia, Ontario.

Feb 22 2022

Bitfury opens new crypto mining facility in Ontario

Feb 22 2022 Published at CryptoNinjas under tags  bitfury featured mining

Bitfury Group, a Bitcoin mining and crypto tech company, today announced the launch of a new 28MW digital asset mining data center in Sarnia, Ontario. The facility has commenced operations with an expected capacity of 16MW by the end of February and an additional 12MW of capacity to be completed by the end...

Dec 23 2021

Publicly-Traded Bitcoin Miners Have Been Outperforming The Bitcoin Price

Four publicly-traded bitcoin mining companies have outperformed the price of bitcoin since 2020 for a few key reasons.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox,...

Dec 10 2021

Former U.S. official criticizes SEC crypto regulations

Dec 10 2021 Published at CryptoSlate under tags  bitfury brian brooks people regulation sec

In their bid to better understand the crypto industry and its operations, US lawmakers invited the chief executive officers (CEO) of some leading crypto exchanges to a major hearing tagged “Digital Assets and the Future of Finance: Understanding Innovation in the United State.” Brian Brooks criticizes SEC One of the invited executives was the pro-crypto former head of the United States...

Dec 08 2021

CEOs Testify on Bitcoin Before U.S. Lawmakers

Executives said Bitcoin and cryptocurrencies are fundamentally different from the traditional system and need new rules.Chief executives of large cryptocurrency firms appeared before Congress Wednesday to testify and answer questions about their products and services and the Bitcoin market in general as lawmakers struggle to bring the market within public policy and regulatory frameworks.“Several questions...

Oct 18 2021

Oct 11 2021

Bitcoin Mining Company BitFury Plans One of the Largest Public Listings In Europe

Bitcoin mining firm BitFury is all preparing for one of the largest public listings in Europe within the next 12 months. As per the latest report from The Telegraph, Bitfury is looking ahead at a valuation of a billion pounds. The BitFury Group is reportedly working with financial auditing giant Deloitte for reviewing its readiness to launch The post Bitcoin Mining Company BitFury...

Mar 05 2021

Bitcoin Mining Company Cipher Mining To Go Public Via SPAC, Valued At $2 Billion

Bitfury subsidiary Cipher Mining Technologies is merging with Global Acquisition Group and going public on Nasdaq.Today, Cipher Mining Technologies announced that it plans to go public via a merger...

Breaking: Bitcoin Mining Firm Cipher Set to Go Public at $2 Billion Valuation With SPAC Merger

Cipher Mining, a bitcoin mining subsidiary of mining hardware manufacturer Bitfury is all set to go...

Dec 09 2020

Bitfury to Sell Its 38% Stake in Bitcoin Miner Hut 8

Dec 09 2020 Published at CoinDesk under tags  bitcoin mining bitfury hut 8 mining markets

Bitfury current holds 37.2 million shares of Hut 8.

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