Cryptocurrency Mining | ForkLog

ForkLog 99 17.04.2025

Public Bitcoin Miners Ramp Up Sales

In March, public mining companies increased their Bitcoin sales, reaching the highest volume since October 2024, reports TheMinerMag. Data: TheMinerMag. Fifteen publicly traded miners sold more than 40% of their production last month. HIVE, Bitfarms, and Ionic Digital exceeded 100%. Following the U.S. presidential elections, industry participants adopted a more aggressive HODL strategy. In the […]

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ForkLog 47 16.04.2025

Kazakh Authorities Seize 1,257 ASIC Miners from Fake Motor Centre

A court in Kazakhstan has sentenced three organisers of a mining farm disguised as an engine processing centre in Astana. This was reported by the Financial Monitoring Agency (FMA). According to the case materials, from 2022 to May 2024, the suspects engaged in cryptocurrency mining without the necessary license. This activity earned them 143.2 million […]

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ForkLog 16 15.04.2025

Tether Joins Bitcoin Core Developer’s OCEAN Mining Pool

Tether, the company behind the USDT stablecoin, will connect its current and future Bitcoin hashrate to the OCEAN mining pool, launched by Bitcoin Core developer Luke Dashjr. Tether to Deploy Hashrate on OCEAN, Advancing Decentralized Bitcoin Mining InfrastructureLearn more: https://t.co/QVzLawzvwK — Tether (@Tether_to) April 14, 2025 According to the statement, OCEAN allows miners to create […]

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ForkLog 19 14.04.2025

Bitcoin Miners in the US Accused of Air Pollution with Particulates

Approximately 1.9 million Americans have been exposed to increased air pollution from fine particulates caused by Bitcoin mining, according to a study published in Nature Communications. A team of scientists led by Francesca Dominici from the Harvard T.H. Chan School of Public Health found that the most affected states were: New York; Texas (northeast and […]

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ForkLog 12 14.04.2025

US Senate to Deliberate on Bill to Reduce Emissions from Miners

The US Senate has introduced a bill imposing regional emission limits on cryptocurrency mining facilities and AI data centers. The Clean Cloud Act was proposed by Democrats Sheldon Whitehouse and John Fetterman. It amends the Clean Air Act, requiring data centers with over 100 kW capacity to adhere to emission limits based on their region. […]

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ForkLog 43 11.04.2025

Expert Predicts Surge in ASIC Miner Imports to the US

Amid a “tariff pause,” a short-term increase in the import of bitcoin mining equipment to the United States is anticipated due to miners’ concerns about rising duties. This was stated by Hashlabs CEO Jaran Mellerud. Big news for miners ⚡️ Trump just initiated a 90-day pause on reciprocal tariffs, meaning US miners will pay 10% […]

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ForkLog 37 10.04.2025

CryptoQuant Highlights Benefits of Bitcoin’s Price and Hashrate Divergence

The rise in Bitcoin’s hashrate and mining difficulty, despite negative price trends, indicates strong underlying factors in terms of intrinsic value and network security. This view was expressed by CryptoQuant contributor Yonsei_dent. Bitcoin Drops to $80K, but Hashrate Hits ATH “Despite Bitcoin’s price dropping from $109K to around $80K, both the hashrate and mining difficulty […]

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ForkLog 16 10.04.2025

Pakistan to Harness Surplus Power for Bitcoin Mining

Pakistan intends to channel some of its surplus electricity into bitcoin mining and powering data centers for the AI sector. This was stated by the head of the Reuters reported, Bilal bin Saqib, advisor to the Minister of Finance and head of the Crypto Council. The country’s energy sector is grappling with issues of excess […]

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ForkLog 12 09.04.2025

Bitcoin Miners Pay Millions to Beat Trump’s Tariffs

As April 9 approached, major American bitcoin miners chartered flights from Southeast Asia at a cost of $2-3.5 million, a figure 2-4 times higher than usual rates, reports Blockspace. Cryptocurrency miners were eager to import ordered ASIC miners before the “liberating” tariffs of U.S. President Donald Trump took effect. The information was confirmed to the […]

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ForkLog 15 07.04.2025

Bitcoin Hashrate Surpasses One Zettahash for the First Time

On Friday, April 4, the hashrate of the first cryptocurrency’s network crossed the 1 ZH/s mark for the first time in history. Intraday peak values reached approximately 1025 EH/s, according to data from Glassnode. Source: Glassnode. The seven-day moving average smoothed indicator reached a peak of 897.6 EH/s on April 6. On April 5, mining […]

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ForkLog 47 04.04.2025

Media Uncover Connection Between New Bitcoin Miner Cango and Bitmain

Cango has agreed to sell its Chinese auto-financing business for $352 million to a firm affiliated with a Bitmain subsidiary, as reported by TheMinerMag. According to a press release, the buyer is Ursalpha Digital Limited. The deal includes an advance payment of $210.6 million and additional payments contingent on meeting tax obligations and reducing the […]

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ForkLog 8 03.04.2025

Trump’s Tariffs Deal a Blow to Bitcoin Mining

Bitcoin miners in the United States are set to be directly impacted by the tariffs announced on April 2 by President Donald Trump, according to industry experts. A significant portion of cryptocurrency mining equipment is currently imported from Malaysia (new tariff rate — 24%), Thailand (36%), and Indonesia (32%), noted Mason Jappa, founder and CEO […]

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