Cryptocurrency Mining | ForkLog

ForkLog 26 21.03.2025

SEC Clarifies PoW Mining Not Linked to Securities

The U.S. Securities and Exchange Commission (SEC) has clarified that mining using the Proof-of-Work consensus algorithm does not constitute an offer or sale of securities. “Accordingly, in the agency’s view, mining participants do not need to register transactions with the Commission under the Securities Act, nor do they fall under any of the registration exemptions […]

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ForkLog 39 21.03.2025

Bernstein Lowers 2025 Forecasts for Bitcoin Miners’ Stocks

Analysts at Bernstein have reduced their target prices for the stocks of miners IREN, CleanSpark, and Riot Platforms for 2025. This was reported by The Block, citing the company’s report. “This year, bitcoin miners have experienced a painful correction (20–40%), while the cryptocurrency fell by 10%,” stated analysts led by Gautam Chhugani. Overall, the miners’ […]

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ForkLog 27 20.03.2025

Bitcoin Mining Farm Destroyed in Irkutsk Region Fire

A single-story residential house in the village of Baklashi, Irkutsk region, was destroyed by fire. The house contained a cryptocurrency mining farm, according to a report from the local Ministry of Emergency Situations (MChS). The incident occurred on the night of March 20. By the time rescuers arrived, the fire had engulfed the entire structure, […]

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ForkLog 26 17.03.2025

Bitdeer Unveils New Miners with Efficiency Up to 14.9 J/TH

Jihan Wu’s company, Bitdeer, has announced the launch of its new SEALMINER A2 Pro series mining rigs, boasting an energy efficiency ratio of up to 14.9 J/TH. Introducing the @SealMiner A2 Pro! As an upgraded series of A2 models, the A2 Pro is optimized with enhanced chips and an improved power supply, achieving 14.9J/TH power […]

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ForkLog 3 14.03.2025

US Mining Firm Accuses Hosting Provider of Hashrate Theft

The cryptocurrency mining company Consensus Colocation secured a temporary court injunction in Delaware (USA) against its hosting provider, Mawson. The latter blocked access to equipment due to disagreements over payments. The document mentions 21,000 mining installations valued at $30 million, which Consensus rents from Stone Ridge Ventures, operating at a facility in Midland, Pennsylvania. Disputes […]

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ForkLog 10 13.03.2025

Bitdeer Expands Bitcoin Reserves by 43% in a Month

By the end of February, the cryptocurrency reserves of the public mining company Bitdeer reached 1039 BTC, up from 724 BTC the previous month. This represents a growth of approximately 43%, according to a press release. During the reporting period, Bitdeer mined 110 BTC independently with its own hash rate of 9 EH/s. The total […]

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ForkLog 37 13.03.2025

Dogecoin Ranks Among Top Cryptocurrencies for Mining in Russia

Dogecoin (DOGE) has entered the top three most popular cryptocurrencies for mining in Russia, reported Deputy Anton Gorelkin, citing data from the ROCIT. The meme coin accounts for 8.4% of mining, trailing only Bitcoin (49.4%) and Litecoin (11.1%). DOGE is popular due to its support for merged mining with “digital silver”—LTC, which makes the process […]

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ForkLog 16 12.03.2025

CoreWeave Secures $11.9 Billion AI Infrastructure Deal with OpenAI

AI startup CoreWeave, previously engaged in cryptocurrency mining, has signed a partnership agreement with OpenAI worth up to $11.9 billion. The deal involves providing Sam Altman’s firm with infrastructure for training new AI models. OpenAI will become an investor in CoreWeave, which plans a $350 million stock offering. “The collaboration with OpenAI under the new […]

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ForkLog 109 11.03.2025

Solo Miner Strikes Bitcoin Block with $299 Device

On March 10, a solo miner successfully mined block #887,212 on the Bitcoin network using a home setup Bitax with a hash rate of 480 GH/s. The reward amounted to 3.15 BTC, or approximately $250,000. Data: X. According to CKPool administrator Con Kolivas, the odds of calculating a block with such power are one in […]

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ForkLog 75 10.03.2025

Bitdeer Reports 9.7 J/TH Efficiency in New Mining Chip Tests

Jihan Wu’s Bitdeer has announced the successful testing of its new bitcoin mining chip, SEAL03, which demonstrated an energy efficiency of 9.7 J/TH. ?Just In! Bitdeer nails it again with its latest #SEAL03 Bitcoin mining ASIC, logging an exceptional power efficiency ratio of 9.7 J/TH – surpassing market performance benchmarks! This beast will power our […]

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ForkLog 8 10.03.2025

Bitcoin Mining Difficulty Rises by 1.43%

On March 9, following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 1.43% to 112.15 T. Source: CloverPool. The increase did not offset the 3.15% correction that occurred two weeks ago. However, the figure approached the all-time high of 114.17 T reached in January. According to Glassnode, the hash rate (smoothed […]

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ForkLog 17 07.03.2025

Russian Cryptocurrency Reserve Not Yet on the Agenda, Says Deputy Gorelkin

The establishment of a strategic cryptocurrency reserve (SBR) in Russia is “not yet being discussed” at the state level, according to Deputy Anton Gorelkin. He reported this. The statement comes amid the creation of an SBR in the United States, which involves the storage of confiscated digital assets. “There is no talk yet of purchasing […]

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