Cipher Mining Scraps Plan to Buy Bitfury Rigs, Sticks With Bitmain, MicroBT
The bitcoin miner wants to stay nimble to potentially grab opportunities in a fast market. Source
Read MoreThe bitcoin miner wants to stay nimble to potentially grab opportunities in a fast market. Source
Read MoreLocated in Sarnia, Ontario, the project can be expanded to as much as 200MW. Source
Read MoreFormer Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury. According to a Nov. 4 announcement from Bitfury, Brooks was appointed last Friday and he will lead the firm as it prepares for a new funding round.
Read MoreBitcoin mining company Bitfury has hired former Binance US chief Brian Brooks as its new CEO, the Financial Times reported on Thursday.Brooks is replacing Valery Vavilov, who will stay on as Bitfury’s “chief vision officer,” the report said.Bitfury did not immediately respond to CoinDesk’s request to confirm the appointment.The appointment
Read MoreAccording to a Form 8-K filing with the United States Securities and Exchange Commission (SEC) on Monday, Cipher Mining will purchase 28,000 to 56,000 next-generation Bitcoin mining hardware from Bitfury at a cost of $6,250 per rig.At a maximum cost of $6,250 per machine, Cipher’s Bitcoin mining hardware outlay could
Read MoreBitfury, the leading non-Chinese bitcoin mining hardware manufacturer, is reportedly planning to go public in the next 12 months. This would constitute one of the largest listings of a European-based cryptocurrency mining hardware company to date. The company had a valuation of $1 billion dollars after its latest funding round,
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Read MoreBitcoin mining hardware manufacturer Bitfury has filed to sell its remaining 38% stake in Toronto Stock Exchange-listed mining company Hut 8.The Amsterdam-based manufacturer filed a notice of intention to distribute securities on Dec. 3 for the sale of 37,226,958 shares of Hut 8. At current prices, the stake is worth
Read MoreThe Ministry for Digital Transformation of Ukraine, a major government authority behind local crypto regulation, will be implementing Bitfury’s crypto analytics tool to track crypto transactions.As officially announced on July 23, the Ministry has signed an agreement with Birfury’s crypto compliance product known as Crystal.Bitfury’s Crystal to provide crypto analytics
Read MoreVoting and blockchain have been a controversial couple but Moscow appears determined to use the technology for a national referendum involving President Vladimir Putin. Russia will vote on changing its constitution, adopted in 1993, on July 1. The main issue to be decided is whether to allow Russia’s president to stay
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