Bitfury is a blockchain technology company known for its involvement in various aspects of the blockchain and cryptocurrency space. Bitfury has been active in developing and providing blockchain-related solutions, including hardware and software for blockchain infrastructure.
Here are some key aspects of Bitfury:
- Blockchain Solutions: Bitfury offers a range of blockchain solutions and services, including blockchain infrastructure, software development tools, and consultancy services. They have worked on projects related to blockchain technology adoption in various industries, including finance, supply chain, and government.
- Mining: Bitfury was originally known for its Bitcoin mining operations and was one of the early players in the industry. They have developed their own mining hardware, including ASIC (Application-Specific Integrated Circuit) miners, designed for efficient Bitcoin mining. However, as of my last update, Bitfury had sold its mining hardware division, Bitfury Group, to Hut 8 Mining.
- Exonum Blockchain Framework: Bitfury has developed the Exonum blockchain framework, which is an open-source framework for building blockchain applications. Exonum is designed for use cases that require high security and transparency, such as government services and supply chain management.
- Crystal Blockchain: Bitfury offers Crystal, a blockchain analytics platform that provides tools for tracking and analyzing cryptocurrency transactions. It is primarily used for anti-money laundering (AML) and compliance purposes.
- Lightning Network: Bitfury has also been involved in Lightning Network development, which is a second-layer scaling solution for Bitcoin. The Lightning Network aims to facilitate faster and cheaper Bitcoin transactions.
- Investments: Bitfury has made investments in various blockchain and cryptocurrency-related startups and projects over the years.
Please note that the cryptocurrency and blockchain industry is dynamic, and developments may have occurred since my last update in September 2021. I recommend visiting the Bitfury website directly for the most up-to-date information about their products, services, and activities in the blockchain space.
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