BitFury Stock

bitfury.comFinTechFounded: 2016Funding to Date: $140MM

Founded in 2011, Bitfury is a security and infrastructure provider for the Bitcoin Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury also designs and produces innovative hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile datacenters. Bitfury is also a software provider for the some of the world’s most cutting-edge applications through its private blockchain framework, Exonum, its advanced analytics platform Crystal Blockchain, and its specialized engineering team for the open-source Lightning Network, LightningPeach.

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BitFury investors also invested in these private companies

Dentsu Group
Day One Ventures
Cowa Ventures
Broocknell Ventures
Macquarie Group
EY Startup Challenge
QueensBridge Venture Partners
ZAD Investment Company
Armat Group

Team

Management Team

Valery Vavilov
Founder & Chief Executive Officer
Kevin Burton
Chief Operating Officer
Jeremy Sewell
Chief Financial Officer
George Givishvili
Chief Marketing Officer

Board Members

George Kikvadze
Bill Tai
Bob Dykes

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News

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
Data centers and bitcoin mining operations are becoming huge energy hogs and the explosive growth of both risks undoing a lot of the progress that’s been made to reduce global greenhouse gas emissions. It’s one of the major criticisms of cryptocurrency operations and something that many…
Bitfury has become the latest company in the blockchain industry to donate its computing power to COVID-19 research, contributing to the Folding at Home project