Noted blockchain firm Bitfury launches bitcoin mining fund after teaming up with Swiss investor Final Frontier. The mining fund aims at providing convenient access for professional investors and various institutes to invest in digital coin mining. The report comes from BitFury’s official blog. BitFury’s VC George Kikvadze says that after BitFury’s mining fund will make the portfolio of the upcoming investors much better. Also, it will aim to bring up bitcoin closer to mainstream implementation. Also, the new mining fund will take care of the logistical, financial challenges associated with bitcoin mining. This fund has been authorized by a European financial regulator.

Reportedly, the mining fund will invest in other mining sites that have the lowest electricity and operating costs on a global scale. Bitfury apparently operates some of these sites. According to the co-founder of Final Frontier, this is the right time for investing in bitcoins. The bitcoin price is significantly down and organizations are keen on investing in bitcoin mining.