BitFury to launch hosted mining services

BitFury has announced its offering of hosted mining services for business customers. It is looking to leverage its large scale

BitFury has announced its offering of hosted mining services for business customers. It is looking to leverage its large scale operations to offer low cost hashing power.

Bitfury is one of the world’s largest manufacturers of ASIC mining chips. The company has data centers in multiple countries, where it carries out large scale mining operations generating a large proportion of the world’s bitcoins. The company says that its data centers are strategically located in regions with low energy costs, maximizing its returns. BitFury CEO Valery Vavilov said:

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“We are a trusted partner to our customers and are always looking for ways to help increase their mining profitability. Mining has become more than just hardware, and we are excited to offer managed services to enable customers to benefit from our specially designed data centers and cheap energy prices from clean energy sources.”

The company lists DigitalBTC, the only Bitcoin company to be publicly traded on a major exchange, and CryptX among its partners.

BitFury recently secured $20 million in funding, one of the largest rounds ever for a Bitcoin company.

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