#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 30 01.07.2021

Mike Novogratz: Exodus of miners from China will benefit the industry

The Galaxy Digital founder Mike Novogratz called the exodus of miners from China a 'major plus' for the cryptocurrency industry. In an interview with Bloomberg, he stated that the PRC's repressive policies will not hinder Bitcoin's development.

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ForkLog 14 01.07.2021

Hut 8 buys MicroBT miners for more than $44 million

Nasdaq-listed mining company Hut 8 Mining announced the purchase of 11,090 MicroBT miners from Hong Kong-based SuperAcme Technology.

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ForkLog 10 30.06.2021

Australia sees threat from Bitcoin ETFs to consumers and markets

Exchange-traded funds (ETFs) tracking the first cryptocurrency could inflict "real harm" on consumers and markets. That conclusion is contained in the Australian Securities and Investments Commission's (ASIC) consultative report.

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ForkLog 11 30.06.2021

US firm raises $25 million to expand bitcoin-mining business

Blockware Mining raised $25 million in its second financing round, oversubscribed.

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ForkLog 14 30.06.2021

Argo Blockchain secures Galaxy Digital loan to build Texas mining pool

The publicly listed mining company Argo Blockchain has secured £14 million (~$19.4 million) in a six-month loan from Galaxy Digital, the crypto bank led by Mike Novogratz. It used bitcoin as collateral.

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ForkLog 7 30.06.2021

Spiritus electric car begins cryptocurrency mining in a live stream

The Canadian automotive company Daymak announced that the first prototype of its electric vehicle, the Daymak Spiritus, has begun test mining of Bitcoin, Ethereum, Dogecoin and other cryptocurrencies. The process is being streamed on YouTube.

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ForkLog 12 29.06.2021

Kazakhstan president signs law introducing an additional mining fee

Kazakhstan's President Kassym-Jomart Tokayev signed a law providing for the introduction of an additional mining levy. Earlier, it was approved by the Parliament's Senate.

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ForkLog 11 29.06.2021

Former Ukrainian MP Oleh Lyashko Turns to Ethereum Mining

Former member of Ukraine's Verkhovna Rada and leader of the Radical Party Oleh Lyashko has shown an interest in Ethereum mining.

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ForkLog 10 29.06.2021

Small hydroelectric plants go on sale in China amid crackdown on miners

Owners of small hydroelectric plants in China are forced to sell equipment amid restrictive measures against Bitcoin miners. The South China Morning Post (SCMP) reports.

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ForkLog 10 29.06.2021

In Moscow, two suspects detained over theft of mining equipment worth 3 million rubles

Moscow law-enforcement officers detained two suspects in the theft of cryptocurrency mining equipment, the Ministry of Internal Affairs said.

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ForkLog 10 29.06.2021

Matthew Graham: Tales of Green Bitcoin Mining Sound Like Lobbying Propaganda

In an exclusive interview with ForkLog editor-in-chief Nikita Shteringard, the investor explained the Chinese authorities' policy toward cryptocurrencies and named the motives behind the latest hard decisions. The interview also discussed green mining, the technological arms race between Washington and Beijing, and signs of a cult within the Bitcoin maximalist community.

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ForkLog 10 28.06.2021

Hut 8 forecasts fivefold growth in its own hashrate

The hashrate of Hut 8 Mining, listed on Nasdaq, is forecast to rise by year-end from the current 1.2 EH/s to 2.5-3 EH/s, and by mid-2022 to 6 EH/s. Such estimates are laid out in the mining company's updated production plan.

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