Bitfury Group

cryptocurrencyblockchain

FOUNDING YEAR: 2011
LOCATION:
Last Update: 19/01/2021

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About

The Bitfury Group is the worlds leading full-service blockchain technology company. Bitfury is building solutions for the future, with the most significant technologies of the millennium. Our mission is to make the world more transparent and trusted by innovating at every level of technology hardware, security, and software to put trust back into the equation. Founded in 2011, Bitfury is the leading security and infrastructure provider for the Bitcoin Blockchain. In addition to securing the Bitcoin Blockchain, Bitfury also designs and produces innovative hardware that keeps cryptocurrencies and blockchains secure, including custom semiconductor chips and mobile datacenters. Bitfury is also a software provider for the some of the worlds most cutting-edge applications through its private blockchain framework, Exonum, its advanced analytics platform Crystal Blockchain, and its specialized engineering team for the open-source Lightning Network, LightningPeach. To learn more, visit www.bitfury.com.

MEDICI Analysis

BitFury is a bitcoin infrastructure provider and blockchain transaction processing company. It designs and develops its own full custom ASIC silicon chips, printed circuit boards (PCB), servers and data centers and runs one of the largest operations in the world in data centers in Iceland and the Republic of Georgia. Recently, Bitfury was selected for the 2019 Forbes FinTech 50 startups list.

Focus

PRODUCTS & SERVICES

Software Offerings: Digital Assets PaaS, Data Analytics, Lightning Network, Property Rights Registration, Voting, Chain Hub. Hardware Solutions: Semiconductors and microelectronics, Servers, Datacenter construction, Datacenters in marine containers, Immersion cooling

REVENUE MODEL

Transaction based revenue -

MAIN CLIENTS

Businesses and Governments

EXISTING PARTNERSHIPS

Republic of Georgia - Land titling project

BitClub - mining partnership

BitGo - for enterprise treasury management solutions

Traction

VALUATION / MARKET CAP:

$100 M in 2018

VALUATION COMMENT:

The company has valuated over $1 Bn in the latest round. (Nov. 2018)

COMPANY TYPE:

For Profit

REVENUE

$10M+ in 2014

REVENUE COMMENT:

The company has generated annual revenue of $500 Mn in 2018.

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

15,211

AVERAGE VISITS (6 MONTHS)

16,166.5

MONTHLY VISITS GROWTH

12.85%

VISIT DURATION

129

VISIT DURATION GROWTH

40.23%

PAGE VIEWS VISIT

2.42

PAGE VIEWS VISIT GROWTH

-18.11%

BOUNCE RATE

58.13%

BOUNCE RATE GROWTH

10.66%

GLOBAL TRAFFIC RANK

1,079,120

MONTHLY RANK CHANGE

-363,836

MONTHLY RANK GROWTH

-25.21%

Innovation Programs

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