BitFury, one of the world’s biggest brand names when it comes to Bitcoin mining hardware manufacturing, is looking to shake up the current cloud mining ecosystem. Rumours about this “change of direction” have been announced about a week, ago, and now that BitFury has purchased cooling specialist Allied Control, it looks like the company is one step closer to breaking ground in the world of Bitcoin cloud mining.
Bitfury – The Foundation of the Bitcoin Ecosystem
Nearly every Bitcoin enthusiasts will know the name BitFury by now, regardless of whether they have actually been involved in mining or not. But BitFury is not just about mining, even though they are the world’s largest fully integrated Bitcoin infrastructure provider. But did you know BitFury is also a Bitcoin transaction processing company?
Thanks to the strategic location (Iceland, Finland and The Republic of Georgia) of the BitFury data centers, the company has been able to survive the trashes and woes of the Bitcoin mining ecosystem without much hassle. On top of that, BitFury builds all kind of Bitcoin mining hardware, ranging from PCB’s to servers, ASIC’s and they even set up data centers themselves.
According to the BitFury website, the entire Bitcoin ecosystem is their client, Providing hardware solutions, processing Bitcoin transactions, and even providing hosting services for other Bitcoin companies, BitFury has their fingers in every important aspect of the Bitcoin sphere these days.
Because of their involvement in every aspect of Bitcoin, BitFury has been able to expand their services and presence on a global level. With officers in San Francisco, Amsterdam and Riga; as well as mining operations (data centers) in the three aforementioned locations, their goal of being a global presence is coming together nicely.
But even booming Bitcoin companies such as BitFury have to adapt their strategies, or perish in the aftermath. Bitcoin cloud mining is an area where most companies would rather steer away from at this time, but BitFury actually wants to get involved by the looks of it. And that is where Allied Control comes into the picture.
Allied Control – Two-Phase Immersion Thermal Management
Hong Kong-based Allied Control is ranked among the elite as far as cooling specialist companies are considered. Their two-phase immersion thermal management platform specialization allows far better cooling compared to other options and manufacturers. Needless to say, when it comes to Bitcoin (cloud) mining, you want the lowest possible temperatures for your hardware.
Allied Control is still a relatively small company, as they were lacking the much needed financial injection to move from small scale to big scale operations any time soon. Thanks to BitFury buying the company, these plans will be accelerated, which could benefit both companies in the near and distant future.
BitFury – Bitcoin Cloud Mining?
Even though there is no official indication that BitFury wants to become a player in the Bitcoin cloud mining space, all signs are pointing in that direction. Low electricity costs for their data centers, self-manufactured Bitcoin ASIC’s, and now a deal with one of the leading experts in computer cooling solutions. Sounds like an attempt to offer some form of cloud mining service in the future.
However, that doesn’t necessarily mean BitFury will run their own Bitcoin Cloud mining platform any time soon. They might just partner up with existing Bitcoin cloud mining platform providers, and offer their hardware solutions to these providers. Eventually, this might lead to lower maintenance fees for all parties involved, and maybe Bitcoin cloud mining will become profitable once again, even at the current prices.
Websites : http://www.bitfury.org/