#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 20.10.2021

Kazakhstan’s energy ministry estimates electricity consumption by mining centres

In the first nine months of 2021, electricity consumption in Kazakhstan reached 82.99 billion kWh. The local Ministry of Energy attributed this to the operation of mining data centres within the country.

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ForkLog 9 20.10.2021

Atlas Mining to expand Bitcoin mining capacity in the United States by 100 MW

Atlas Mining announced a multi-year agreement with hosting provider Compute North to deploy cryptocurrency mining equipment with a capacity of 100 MW.

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ForkLog 8 20.10.2021

Russian oil producers propose using their equipment for mining

Deputy Minister of Industry and Trade Vasily Shpak asked the Ministry of Digital Development and the Central Bank to assess the feasibility of using equipment of Russian oil-producing companies for mining.

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ForkLog 8 19.10.2021

Kuzbass police arrest suspect in mining equipment theft

Police in Prokopievsk detained a local resident suspected of stealing cryptocurrency mining devices.

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ForkLog 14 19.10.2021

Aksakov proposes codifying miners’ tax treatment in law

The taxation framework for individuals and legal entities engaged in cryptocurrency mining should be explicitly laid out in legislation, Anatoly Aksakov, head of the State Duma Committee on the Financial Market.

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ForkLog 9 19.10.2021

Irkutsk resident detains suspect during attempted theft of cryptocurrency mining equipment

An Irkutsk resident detained a suspect attempting to steal his cryptocurrency mining equipment worth more than 1 million rubles.

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ForkLog 18 16.10.2021

Jack Dorsey: Square weighs developing an open-source Bitcoin miner

Jack Dorsey said that the payments giant Square is considering the possibility of creating an open-source Bitcoin mining device.

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ForkLog 11 15.10.2021

North Vancouver heating to be supplied by Bitcoin mining

The North Vancouver city authorities in British Columbia plan to heat 100 residential and industrial buildings using Bitcoin mining starting in 2022.

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ForkLog 14 14.10.2021

Stronghold Digital Mining to raise up to $106 million in Nasdaq IPO

American mining company Stronghold Digital Mining, focused on green energy, is set to raise $94-106 million from an IPO on Nasdaq. The data are in the SEC filing. Investors will be offered 5.9 million shares at a price range of $16-18. The underwriters will have an option to acquire an additional 882,000 shares. The bookrunner is Tudor, Pickering, Holt & Co.

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ForkLog 10 14.10.2021

Belarus’s Ministry of Energy places miners in a separate electricity tariff group

Cryptocurrency miners and data-centre operators in Belarus have been placed in a new tariff group for electricity consumers.

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ForkLog 13 14.10.2021

Russia’s Energy Ministry: miners will not be charged residential electricity tariffs

The Energy Ministry plans to exclude miners' electricity consumption from reduced residential tariffs. This was stated by the head of the ministry, Nikolai Shulginov.

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ForkLog 11 13.10.2021

US Takes the Lead in Bitcoin Hashrate Share

The United States has displaced China from the lead in Bitcoin network hashrate. Since May 2021, the US share of total hashrate rose from 17.8% to 35.4% in August, according to data from Cambridge University's Centre for Alternative Finance (CCAF).

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