Spring for Crypto Mining? Bitfury Launched Institutional Mining Fund!

The Bitfury Group had partnered up with the Swiss based investment firm – Final Frontier to launch a bitcoin mining fund for institutional investors, according to its Twitter feed on 24 April.

Bitfury gained regulatory approval from the Liechtenstein’s financial regulator. Both companies said the fund will invest assets in turnkey that have mining sites with one of the lowest electricity costs in the world that feature Bitfury’s mining sites.

Co-founder of Final Frontier – Imraan Moola, said that the company is at an advantageous time to launch the fund for investors. He added “With the bitcoin price down significantly from its all-time high, yet institutional interest growing every day, now may be an opportune time to consider investing in bitcoin mining,”.