Bitfury is a leading blockchain technology company and one of the largest mining companies in the industry. Founded in 2011, it specializes in providing hardware and software solutions for blockchain applications, particularly for Bitcoin. At its core, Bitfury designs and manufactures mining equipment, including servers and chips that enable the mining process.

Mining involves solving complex mathematical problems to validate transactions on the blockchain, and Bitfury’s technology is known for its efficiency and high performance. In addition to mining, Bitfury offers various services, including blockchain infrastructure, security solutions, and consulting.

The company aims to enhance the adoption of blockchain technology across different sectors by providing the tools necessary for businesses and governments to implement decentralized systems.

Bitfury also invests in developing applications for various use cases, such as supply chain management and identity verification, further expanding its influence beyond just mining operations. The company plays a significant role in shaping the future of blockchain technology and fostering innovation within the space.