#Cryptocurrency Mining

All about cryptocurrency mining, including Bitcoin and other digital currencies. News on mining in China, Russia, Ukraine, and globally. Learn what cryptocurrency mining is and how it works.

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ForkLog 11 17.12.2021

The ERC-20 ‘Bitcoin’ Standard: An Overview of the 0xBitcoin Project

The gradual transition of Ethereum from proof-of-work to proof-of-stake is forcing miners to seek other ways to earn. One alternative is the 0xBitcoin project.

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ForkLog 10 17.12.2021

Russian demand for mining equipment grows fourteenfold

Russian demand for cryptocurrency mining equipment rose significantly in 2021.

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ForkLog 8 16.12.2021

Sixteen residents of Irkutsk Oblast gave scammers 2.5 million rubles in bid to start mining

Several residents of Irkutsk Oblast fell victim to scammers who duped them when buying equipment for cryptocurrency mining or renting premises for farms. The local МВД reported this.

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ForkLog 15 15.12.2021

Aksakov: mining has no social significance, and the sector does not need state support

Miners do not need sector support, as their activity does not have social significance, said Anatoly Aksakov, head of the State Duma committee on the financial market.

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ForkLog 16 15.12.2021

Duma threatens Bitcoin miners with prison over electricity theft

State Duma deputy Andrei Lugovoy threatened to jail cryptocurrency miners for illegal connections to power grids.

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ForkLog 8 14.12.2021

In Ivanovo Oblast, unknown assailants stole a mining rig valued at 2.5 million rubles

A mining rig belonging to a resident of Kokhma in Ivanovo Oblast was stolen for a regional-record sum.

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ForkLog 18 14.12.2021

Bitcoin miner in Kyiv region suspected of stealing electricity worth 1.1 million hryvnias

Employees of DTEK Kyiv Regional Electric Grids discovered an illegally connected cryptocurrency mining farm in a forest south of Kyiv.

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ForkLog 11 10.12.2021

Media: Oligarch Kolomoyskyi Sets Up Large Mining Farm at Zaporizhstal Ferroalloys Plant

In 2021, the Zaporizhstal Ferroalloys Plant, which is associated with Ukrainian oligarch Ihor Kolomoyskyi, received a large batch of equipment for cryptocurrency mining from Georgia and China. This is reported in the Schemes project investigation.

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ForkLog 12 09.12.2021

Experts forecast a surge in Russia’s energy consumption driven by mining

Due to mining, household electricity consumption in several regions of Russia could rise by 2.5 times this year.

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ForkLog 8 09.12.2021

Rosseti: Bitcoin miners in Dagestan stole electricity worth 70 million rubles since the start of the year

Dagestan ranks first among North Caucasus regions in the number of detected cases of electricity theft for cryptocurrency mining.

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ForkLog 15 08.12.2021

Foundry mining pool to launch marketplace for selling Bitcoin mining equipment

The mining pool Foundry, owned by Digital Currency Group, announced the launch of FoundryX, a marketplace for buying and selling bitcoin mining equipment.

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ForkLog 16 08.12.2021

Iceland curbs energy supply to Bitcoin miners

Amid a power shortage in Iceland, state-owned Landsvirkjun has cut supplies to some large customers, including aluminium smelters and data centres. The company is also turning away all new applications from Bitcoin miners, Bloomberg reports.

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