Technology behind bitcoin
Apr 07, 2014
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Bitfury Newsroom
www.cnbc.com
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The rules governing bitcoin that limit the creation of the open-source virtual currency to 21 million units could one day be modified if a majority of its users were in agreement, said a top executive at one of the world's largest bitcoin "mining" companies.
George Kikvadze, board member and advisor of BitFury, said Monday that if the notion of a finite number of bitcoins was ever altered it would be fair and should not undermine the value. During an interview Monday on CNBC's "Squawk Box," he likened it to when "governments go in and print money." About 12.6 million bitcoins are in circulation now.
CoinSeed Invests $5 Million in BitFury Mining Hardware
Jan 23, 2014
www.businesswire.com
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Australia's only listed cryptocurrency company is continuing its aggressive growth strategy with yet another strategic supply partnership, this time with computer hardware manufacturer BitFury. BitFury would provide "a significant quantity of its most advanced Bitcoin mining hardware" to digital BTC under the agreement.
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