Bitfury vs Scaleway
Side-by-side comparison of AI visibility scores, market position, and capabilities
Former Bitcoin mining leader pivoted to $1B AI and blockchain technology investment fund in late 2025. Founded LiquidStack (data center cooling) and Axelera AI (AI chips).
About
Bitfury is a technology company that built its reputation as one of Bitcoin's earliest and largest industrial mining operations, operating mining infrastructure for over 14 years before announcing a strategic exit from mining in late 2025. The company is now deploying up to $1 billion into AI, quantum computing, blockchain, and ethical technology investments, targeting approximately $200 million in the first year. Bitfury's decision to exit mining was driven by rising energy costs and compressing mining margins following the 2024 Bitcoin halving.
Scaleway is a French cloud provider under Iliad Group with ~€150M estimated revenue. Focused on European data sovereignty and GPU cloud for AI. HQ: Paris. Founded 1999.
About
Scaleway is a French cloud computing provider and subsidiary of Iliad Group, the telecommunications and technology conglomerate founded by billionaire Xavier Niel. Originally launched as Online.net in 1999 and rebranded as Scaleway in 2015, the company has grown into one of Europe's leading independent cloud providers, positioning itself as the European alternative to US hyperscalers for GDPR-sensitive workloads.
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