Tag Archives: bitfury

Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining centers.Bitfury Allows Investors Access to MiningAccredited investors (or institutional investors, as they’re often called) are widely considered to be among the primary ingredients in making bitcoin and other forms of cryptocurrency more mainstream and legitimate. However, institutional players have shown a great reluctance to enter the...

Crime and dark web activity have always been big in the crypto space, but as of late, it looks like the numbers in the space have grown exponentially over the past three years.The Dark Web Is Expanding HeavilyAccording to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years. Furthermore, the number surged by more than 60 percent in just 2020 alone. The report suggests that dark net...

Crypto mining firm Bit Fury has launched what it’s calling the Exonum Enterprise, a new kind of blockchain that allows companies to operate their businesses through bitcoin-based technology.Bit Fury Makes Mining MainstreamBit Fury is now along the same lines as major corporations like Microsoft and Amazon, both of which have established blockchain solutions to assist new businesses looking to establish their operations on distributed ledgers. However, its main claim to fame still seems to be...

Innovative encryption startup NuCypher has raised about $10.7 Million in what is referred to as a Simple-Agreement-for-Token (SAFT) in a financing round led by Polychain Capital and Bitmain and included VC heavyweights Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Coinfund and other strategic investors.NuCypher’s token NU was purchased by the investors during the financing process. The $10.7 Million raised in NU tokens represents 8% of the total supply of the tokens...