Why is $1 Billion Bitcoin Giant Bitfury Building a Blockchain Music Service?

Bitcoin mining firm Bitfury is dabbling in a new blockchain music platform. | Source: Shutterstock By CCN.com: The Bitfury Group, an early bitcoin mining firm turned global blockchain company based out of London, has announced that it will launch an entertainment division tasked with developing an open-source music platform that runs on blockchain technology. From …

Bitcoin Mining Market Still Strong as Shown by Bitfury’s $1 Billion Valuation

Twitter Facebook LinkedIn This week, Bitcoin mining equipment manufacturer and blockchain software firm Bitfury secured a valuation of $1 billion from billionaire investor Mike Novogratz and Korelya Capital’s $80 million investment in the firm. The multi-million dollar funding round comes after the release of Bitfury Clarke, the firm’s new Bitcoin ASIC miner, designed to compete against …