Cryptocurrency Mining | ForkLog

ForkLog 15 20.06.2025

ForkLog to Host Live Stream on 2025 Mining Trends

ForkLog will host a live stream discussing current trends in the mining industry. The broadcast is scheduled for June 23 at 16:00 (Kyiv/MSK) on the magazine’s YouTube channel. The discussion will feature Mikael Abgaryan, Head of Corporate Sales at EMCD, and Kirill Sitnikov, Director of Data Centers at R7miner. The speakers will particularly focus on […]

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ForkLog 120 18.06.2025

AgriFORCE Launches Bitcoin Mining Using Flare Gas

Canadian agribusiness firm AgriFORCE has initiated its first cryptocurrency mining operation in Alberta, powered by flare gas. The facility is located in Berwyn. In its initial phase, the site has a capacity of 425 kW, equipped with 120 Bitmain S21 ASIC miners, achieving a total hash rate exceeding 32 PH/s. In the second phase, the […]

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ForkLog 132 17.06.2025

Bitcoin Miners’ Fee Revenue Share Drops Below 1%

Since the beginning of June, miners of the leading cryptocurrency have earned approximately $7 million from fees, accounting for just 0.97% of the total revenue of $722.8 million. Data: The Block. This figure could potentially reach its lowest point since January 2022, noted TheMinerMag. By mid-month, the share of network fees in revenue had fallen […]

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ForkLog 175 14.06.2025

Bitcoin Mining Difficulty Stalls in Growth

Following the latest recalibration, the difficulty of mining the leading cryptocurrency adjusted by 0.45% to 126.41 T. Source: CloverPool. The metric slightly retreated from the all-time high of 129.98 T, reached two weeks ago. According to Glassnode, the hash rate (7 DMA) stands at 936.4 EH/s, nearly matching the record level recorded on May 31. […]

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ForkLog 177 05.06.2025

Solo Miner Earns $330,386 for Bitcoin Block Discovery

On June 5, a solo miner successfully mined block #899,826 on the Bitcoin network, earning a reward of 3.151 BTC ($330,386). Data: mempool.space. The participant used the CKpool platform. According to mempool.space, the block contained 3,680 transactions. The average transaction fee was approximately $0.29, with a median rate of about 2 sat/vB. CKPool administrator Con […]

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ForkLog 204 04.06.2025

MARA Mines Record 950 BTC in a Month Post-Halving

The mining firm MARA extracted 950 BTC in May, marking the highest volume since January 2024 and a 35% increase from April’s figures. MARA’s May 2025 Bitcoin Production Highlights are here. — Record High 282 Blocks Earned in May, 38% Increase M/M— 950 Bitcoin Produced, 35% Increase M/M— Increased BTC Holdings* to 49,179 BTC Details […]

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ForkLog 62 04.06.2025

ViaBTC Integrates Dogecoin into Crypto Loan Service

The crypto loan service of mining pool ViaBTC has incorporated Dogecoin (DOGE) as a collateral asset and reduced interest rates to 0.025% per day. This was announced in a blog post by the platform. The updated service is particularly relevant for miners who frequently need to cover operational expenses such as electricity, rent, and equipment […]

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ForkLog 60 02.06.2025

Alternative Mining Solutions Amid Regional Restrictions in Russia

In 2024-2025, several Russian regions implemented restrictions on electricity use for mining. In April, the Russian government signed a decree banning cryptocurrency mining in the southern Irkutsk region until 2031. The Russian Ministry of Energy also plans to extend similar measures to Zabaykalsky Krai and Buryatia. Alongside regional restrictions, cryptocurrency mining activities in Russia were […]

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ForkLog 50 02.06.2025

ViaBTC Celebrates Ninth Anniversary with $69,999 Prize Contest

The mining pool ViaBTC has launched a contest titled “Assemble the Puzzle” to mark its ninth anniversary, featuring a total prize pool of $69,999. The event will run until June 18, 2025, according to a press release. Assemble the Puzzle Participants are tasked with assembling nine pieces of a digital puzzle. To achieve this, they […]

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ForkLog 60 31.05.2025

IMF Questions Pakistan’s Bitcoin Initiatives

The International Monetary Fund (IMF) has expressed concerns regarding Pakistan’s initiatives in the realms of cryptocurrency and artificial intelligence, according to local media. The country’s authorities announced the allocation of 2 GW of surplus electricity for Bitcoin mining and powering data centers to support the AI sector. Speaking at the Bitcoin 2025 conference in Las […]

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ForkLog 99 31.05.2025

Bitcoin Mining Difficulty Reaches New High of 126.98 T

Following the latest recalibration, the difficulty of mining the leading cryptocurrency increased by 4.38%, reaching a record high of 126.98 T. Source: CloverPool. Earlier this month, the metric retreated from its previous peak of 123.23 T, dropping by 3.34%. A recovery followed two weeks later, with a 2.12% increase to 121.66 T. According to Glassnode, […]

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ForkLog 63 30.05.2025

Beyond the blockchain: “useful” mining and the Proof‑of‑Useful‑Work concept

As entire countries set an example of efficient mining, ForkLog’s editors wondered whether it is possible to go beyond the paradigm — to channel vast computing power for good, rather than confining the technology to hash calculation. Having studied information compiled by Web3 enthusiast Danil Ivanov on the “useful” consensus mechanism Proof-of-Useful-Work (PoUW), we concluded […]

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