Bitfury Financial News

28.07 / 14:15

Blockchain Bitfury Research Bitcoin Future Critic of Bitcoin’s ‘one-percenters’ still positive about future of digital assets

A future without digital assets is hardly imaginable but Bitcoin (BTC) is far from being perfect by design, according to a finance professor at the London School of Economics (LSE).

22.04 / 18:07

business Adoption Bitfury Bitcoin Georgia crypto mining’s potential: What’s driving growth in the industry?

Who would have thought that a small country in the Caucasus Mountains could become one of the world’s leaders in cryptocurrency mining?

21.02 / 13:41

business Adoption Bitfury Bitcoin Georgia punches well above its weight for Bitcoin mining: Report

At first glance, the pint-sized Republic of Georgia is an unlikely suspect for Bitcoin (BTC) mining activity. An underdog for mining, the country boasts abundant hydropower while ranked seventh worldwide for the World Bank’s ease-of-doing-business index — ahead of the United Kingdom and Germany.

20.01 / 19:11

proof-of-work Bitfury Bitcoin lawmakers hearing US lawmakers Watch Mining Hearing Live: Bitcoin Is More Energy-Efficient than Banks, Bitfury CEO Tells US Lawmakers

Traditional banking requires 2.5 times the amount of power as Bitcoin (BTC) to produce the same amount of value, and only proof-of-work (PoW) provides “a truly trustless system,” according to Brian Brooks, CEO of major blockchain technology firm Bitfury and a former Comptroller of the Currency in the US.

15.12 / 18:12

coinbase Bitfury Congress Paxos Crypto in the House: Execs on the march, US partisan politics and Web3

On Dec. 8, top executives from six major crypto companies faced the United States House of Representatives’ Financial Services Committee during a special hearing on digital assets. While the tone of the conversation was largely proclaimatory, the industry reacted with an optimistic buzz — it seems that crypto is bound to become a hot topic on the Hill for years to come.

01.12 / 23:13

Government coinbase Bitfury Paxos hearing committee House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

Maxine Waters, the chair of the House Committee on Financial Services, has announced several chief executive officers at major crypto firms in the United States will speak at a hearing to discuss digital assets and the future of finance.

05.11 / 09:31

business Binance coinbase Bitfury Former Comptroller Brian Brooks gets a new gig as Bitfury CEO

Former Comptroller of the Currency and Binance.US CEO Brian Brooks has been announced as the new CEO of crypto (BTC) mining firm BitFury.

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