Bitcoin’s Best Funded Miner BitFury Rasies Another $20 Million

By July 9, 2015Bitcoin Business

BitFury, the best capitalised mining firm in bitcoin, today announced it has raised an additional $20m in funding.

The raise, its third in two years, brings the company’s total to $60m , double that of rival KnCMiner ($29m) and over half of the total investment in mining infrastructure to date ( $116.5m ).

In a statement, CEO Valery Vavilov said: "Today, we are excited to announce we have secured a funding round of $20m. The success […]

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