Bitcoin mining and crypto tech business Bitfury Group has announced that Chandra S. Katta has been appointed Chief Technology Officer (CTO).
In this role, Katta will oversee Bitfury’s technological innovation and integration across all domains of the Web 3 ecosystem, leading a team that develops proprietary chip technology, Bitcoin mining equipment, and other hardware and software infrastructure.
The executive has been serving as a consultant to Bitfury since October 2021 and was previously a Senior Director at Intel Corporation, where he focused on energy-efficient computing, CPU and GPU design.
While at Intel, Katta led a team in the emerging technologies innovation group that developed energy-efficient chips and other specialty products.
For this work, in 2021 he earned Intel’s Gordy Award in the “Excellence in Risk-Taking” category, an internal recognition.
Brian Brooks, Chief Executive Officer of Bitfury, said: “We are excited to officially welcome Chandra to Bitfury as we look to grow our position as the only fully integrated Web 3 infrastructure company enabling the success of the crypto-economy.
“Chandra has had an impressive, decades-long career taking cutting-edge technologies from ideas to revenue-generating products, and his deep semiconductor and broader technical expertise will be instrumental as we seek to extend Bitfury’s market leadership in Bitcoin mining and beyond. We are delighted to have Chandra and his dexterity and leadership on our team.”
Commenting on his appointment, Katta said: “Just as the cloud-enabled Web 2, Bitfury is bringing together all areas of emerging technologies – from blockchain, artificial intelligence, machine learning and high-performance computing to renewable energy and immersion cooling – to build Web 3.
“As a first-mover in the Bitcoin ecosystem, the company has a firmly rooted culture of innovation where technologists can turn daring ideas into solutions for the future. I look forward to furthering this culture and leveraging my experience to help create the most efficient, effective technology for digital asset mining and other important applications.”
Katta received his Master’s in Computer Engineering from the University of Louisiana.