BitFury to launch hosted mining services

BitFury has announced its offering of hosted mining services for business customers. It is looking to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term 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:

“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 Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term 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.