#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 17 01.10.2021

Media: Iran lifts restrictions on cryptocurrency mining

Authorities in Iran have lifted the ban on cryptocurrency mining and allowed licensed miners to resume operations, according to Iran International.

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ForkLog 13 30.09.2021

Kazakhstan authorities propose restricting miners to address electricity shortages

Electricity consumption in Kazakhstan rose by 7% year on year due to data centres engaged in cryptocurrency mining, according to Energy Minister Magzum Mirzagaliyev.

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ForkLog 15 29.09.2021

El Salvador shows Bitcoin mining preparations powered by volcanic energy

President of El Salvador Nayib Bukele posted a video showing preparations for Bitcoin mining at one of the geothermal energy facilities.

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ForkLog 14 29.09.2021

Bitmain to halt sales of mining equipment in China

One of the world’s largest manufacturers of cryptocurrency mining equipment, Bitmain, plans to suspend sales to Chinese miners. CoinDesk reports this, citing its own sources.

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ForkLog 22 28.09.2021

BeePool mining pool to shut down amid industry pressure in China

On 15 October 2021, one of the largest Ethereum mining pools, BeePool, will cease operations “in light of the latest regulatory requirements.” This is stated on the site.

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ForkLog 13 28.09.2021

U.S. senators propose Treasury monitor mining’s impact on semiconductor supply chains

The U.S. Department of the Treasury should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy. The requirement is contained in a bill by Senators Maggie Hassan and Joni Ernst.

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ForkLog 9 28.09.2021

Northern Data to acquire Bitfield, adding around 33,000 ASIC miners

German company Northern Data has entered into an agreement with mining firm Bitfield, envisaging the purchase of at least an 86% stake and indirect acquisition of around 33,000 ASIC miners.

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ForkLog 11 27.09.2021

CleanSpark becomes a client of the Foundry USA Pool

The Nasdaq-listed mining company CleanSpark said it moved all of its Bitcoin mining hash rate to the Foundry USA Pool, with plans to triple it within a year.

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ForkLog 10 27.09.2021

Police uncover an illegally connected cryptocurrency mining farm in Kryvyi Rih resident’s apartment

A Kryvyi Rih resident illegally connected to the power grid to mine cryptocurrency, police in the Dnipropetrovsk region said.

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ForkLog 11 24.09.2021

BIT Mining to invest $10.84 million in building a mining centre in Ohio

BIT Mining Limited, a mining company listed on the New York Stock Exchange, agreed with Viking Data Centers to jointly invest in the construction of an 85 MW cryptocurrency mining centre in the US state of Ohio.

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ForkLog 9 24.09.2021

HIVE posts $42.5 million net profit for 2021

The mining company HIVE Blockchain, listed on the Toronto, Frankfurt and Nasdaq stock exchanges, posted net income of $42.5 million for the fiscal year ended March 31, 2021.

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ForkLog 13 24.09.2021

Abkhaz authorities report 6,000 confiscated crypto-mining devices stored in a warehouse

President Aslan Bzhaniya spoke about six thousand confiscated cryptocurrency mining devices that are currently stored in a special warehouse.

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