Bitfury is a blockchain technology company founded in 2011 that operates across Bitcoin mining infrastructure, enterprise blockchain solutions, and artificial intelligence. Originally known primarily as a Bitcoin mining chip manufacturer and large-scale mining operator, Bitfury has diversified into a broader technology company.

Bitfury designs and manufactures custom ASIC chips for Bitcoin mining and builds complete mining hardware and data center solutions. The company has operated large-scale mining facilities in locations including Georgia (country) and Iceland. In 2021, Bitfury spun out its US-based mining operations as Cipher Mining (NYSE: CIFR), a publicly traded company focused on Bitcoin mining in the United States.

Beyond mining, Bitfury has developed enterprise blockchain products including Crystal Blockchain (a blockchain analytics and compliance platform) and Exonum (an open-source framework for building private and permissioned blockchains). Crystal Blockchain provides transaction monitoring and AML compliance tools used by law enforcement agencies and financial institutions.

Bitfury is headquartered in Amsterdam and was founded by Valery Vavilov. The company has raised significant venture capital funding and remains one of the longest-operating companies in the Bitcoin mining industry.