Bitfury Becomes Latest Crypto Industry Player to Join COVID-19 Research Project

Blockchain development firm Bitfury is re-assigning the computing power it uses for digital currency transaction processing to COVID-19 research. The redirection of Bitfury’s resources is contributing to a distributed computing endeavor, Folding@Home (F@H), created by a consortium of scientific research labs across North America, Europe and Asia.

The project, which demands enormous computational power, has been seeking donations of computational resources from enterprises, organizations and individuals. The project has received support from decentralized computing network Golem, and blockchain platform Tezos (XTZ), who earmarked a donation pool of several hundred XTZ to be awarded to the largest F@H donor at the end of this month.

Timeline of Golem-network-tokens, Tezos