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Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

Just a Cycle? Big Bitcoin Miners Stay Positive in Face of Market Slump

Sep 20, 2018

www.coindesk.com

Despite the downturn in the crypto markets so far in 2018, executives from several bitcoin mining firms have said this scenario has been seen before and they are not deterred by current low prices. The Bitfury exec also commented that the mining industry shouldn't be "overly concerned" that traditional chip makers such as Intel and NVIDIA have now entered the space. The design requirements for traditional chips are very different from those needed for crypto, he said, and in fact that provides the industry a special advantage.

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Crypto Miner Bitfury Is Using Magic Baths to Keep Machines Cool

Crypto Miner Bitfury Is Using Magic Baths to Keep Machines Cool

Sep 05, 2018

www.bloomberg.com

Cryptocurrency miners have tried just about everything to keep their super-fast machines cool. They’ve moved them to Siberia and submerged them in vats of oil. One startup buried its mining rigs in a chilly Soviet-era bunker beneath the Eurasian steppe. But even by crypto industry standards, the 40 megawatt plant Bitfury built in Georgia’s capital of Tbilisi is exotic. It submerges the computers in a non-conductive liquid to keep them chilled as they make millions of calculations a second.

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What Does it Mean to Be Bitfury in Russia?

What Does it Mean to Be Bitfury in Russia?

Aug 10, 2018

futuretimes.io

Bitfury is a transnational blockchain company, well-known worldwide as the largest industrial miner outside China and a developer of different hard- and software solutions to work with Bitcoin Blockchain.

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Bitfury CEO: Korean Blockchain Market Needs Smart and Balanced Regulation (Korean language)

Bitfury CEO: Korean Blockchain Market Needs Smart and Balanced Regulation (Korean language)

Jul 30, 2018

www.ajunews.com

Valery Vavilov, CEO of Bitfury Group, advised that “Korean blockchain market needs smart and balanced regulation so that it does not discourage innovation.” He said the regulators should be educated and consulted with technology experts to come up with the most efficient and effective solutions. He expanded his business to Korea as it often on the forefront of new technology and has shown significant interest in cryptocurrency. He sees great potential in Korean blockchain market.

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The Blockchain Summit at Kasbah Tamadot

The Blockchain Summit at Kasbah Tamadot

Jul 25, 2018

www.virgin.com

For the fourth year in a row, the Blockchain Summit took place at a Virgin Limited Edition property – this year at the beautiful Kasbah Tamadot in Morocco. Hosted by the Bitfury Group and ACTAI Global, the summit brought together innovators, government officials and thought leaders from around the world to discuss the many ways blockchain technology can improve systems and services people use every day.

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Beyond Blockchain: Richard Branson Faces Hard Realities Of Building A Borderless World

Beyond Blockchain: Richard Branson Faces Hard Realities Of Building A Borderless World

Jul 25, 2018

www.forbes.com

It is this interconnectedness of the global economy that another participant of the Blockchain Summit thinks is central to blockchain’s ability to do more than just break down borders. Summit co-host and co-founder of blockchain startup Bitfury, Valery Vavilov, explained how he thinks the nature of competition itself could eventually be undone.

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Don't Be Discouraged: There Are Opportunities For Women In Crypto

Don't Be Discouraged: There Are Opportunities For Women In Crypto

Jul 17, 2018

www.forbes.com

It’s no secret that women are underrepresented in the crypto world. While women in the space may disagree on whether the topic is worthy of discussion or not, one thing is clear. They’re not going to sit in the sidelines while their male counterparts ride the blockchain wave. Featuring Rachel Pipan, Senior Communications Manager for the Bitfury Group.

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From Cryptokitty To Barking Dog: How Blockchain Is Helping Sustainability Efforts

From Cryptokitty To Barking Dog: How Blockchain Is Helping Sustainability Efforts

Jul 11, 2018

www.forbes.com

Some of the brightest minds in the blockchain space are currently gathered at Sir Richard Branson’s Kasbah Tamadot in Morocco. The Bitfury Group and ACTAI Global’s Fourth Annual Blockchain Summit was forced to relocate from its usual destination of Necker Island after the devastation caused by Hurricane Irma became a reality. Instead of shifting locations to a randomly chosen destination, the event should be hosted somewhere that made sense in the context of the important conversations being had about climate.

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Moving To Marrakesh: Why The Blockchain Summit At Richard Branson's Private Island Moved To Africa

Moving To Marrakesh: Why The Blockchain Summit At Richard Branson's Private Island Moved To Africa

Jul 10, 2018

www.forbes.com

In the aftermath of Hurricane Irma, the leaders behind the Blockchain Summit, normally hosted at Richard Branson's own personal Necker Island, saw an opportunity. The Category 5 storm that destroyed the retreat and thousands of private residences last year forced the event's cohosts to reevaluate its setting, and they wanted to do so with a sense of purpose.

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Sir Richard Branson Literally Stands Up During Blockchain Summit To End Single-Use Plastics

Sir Richard Branson Literally Stands Up During Blockchain Summit To End Single-Use Plastics

Jul 10, 2018

www.forbes.com

Billionaire entrepreneur Richard Branson literally stood up today at his resort in Marrakesh, Morocco, and committed his Virgin companies to ending the use of single-use plastic. Like a set of dominoes in reverse, the audience, comprising about 30 blockchain entrepreneurs, a senior-level government official, retired regulators and more, stood up beside him and in front of him. Branson was speaking on a panel called “Saving the Planet (A Bit at a Time)" during Bitfury's annual Blockchain Summit.

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