#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 25.05.2021

Study: Iran Bypasses Sanctions Through Bitcoin Mining

Iran accounts for 4.5% of all Bitcoin mining. The cryptocurrency helps the country circumvent sanctions and buy imported goods, according to Elliptic analysts.

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ForkLog 20 25.05.2021

Industry expert says Elon Musk’s initiative is detrimental to the industry

Tech entrepreneur Ragnar Liftrasir called the creation of the Bitcoin Mining Council a “regulatory capture” of the mining industry.

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ForkLog 9 25.05.2021

Elon Musk discusses prospects for ‘green’ Bitcoin mining with miners

North American mining companies will form the Bitcoin Mining Council [Bitcoin Mining Council], with the aim of reducing greenhouse gas emissions across the industry. The decision was taken at a meeting with Elon Musk.

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ForkLog 13 25.05.2021

Marathon to build a ‘green’ data center for Bitcoin mining

American mining company Marathon Digital Holdings announced plans to build a data center in Texas with a capacity of 300 MW. The new facility is planned to be 70% carbon-neutral.

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ForkLog 8 24.05.2021

One River applies for a carbon-neutral Bitcoin ETF

One River Asset Management's Bitcoin hedge fund filed an application to launch an ETF based on the first cryptocurrency. Its hallmark will be purchases of carbon credits to offset CO2 emissions associated with mining the underlying assets.

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ForkLog 9 24.05.2021

BIT Mining Limited to Invest Over $9 Million in Mining Centre in Kazakhstan

BIT Mining Limited, the New York Stock Exchange-listed mining company, together with Kazakh partners, is investing in a cryptocurrency mining data centre in Kazakhstan.

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ForkLog 12 24.05.2021

China criticises Bitcoin and mining; market falls

The Xinhua News Agency of the PRC published a piece criticising Bitcoin and cryptocurrency mining. The publication complements the authorities' earlier stance, urging action against mining and trading of digital assets.

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ForkLog 8 22.05.2021

Greenpeace pauses Bitcoin donations over high energy consumption

A representative of the international environmental organisation Greenpeace told the Financial Times in a comment about the suspension of accepting Bitcoin donations due to the high energy consumption of cryptocurrency mining.

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ForkLog 8 21.05.2021

Media: Iran enlists intelligence services in crackdown on illegal Bitcoin mining

Iranian authorities have enlisted the Ministry of Intelligence and National Security in the fight against illegal cryptocurrency mining.

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ForkLog 11 20.05.2021

BIT Mining Limited to invest $25.74 million in building a mining center in Texas

BIT Mining Limited will allocate $25.74 million to fund the construction of a 57.2 MW cryptocurrency mining center in Texas.

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ForkLog 9 19.05.2021

Syktyvkar miner stole electricity worth 5.5 million rubles

Officials in the Komi Republic accused a local resident of stealing electricity to mine cryptocurrency.

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ForkLog 10 19.05.2021

GitLab makes card binding mandatory to combat mining

The IT-project hosting service GitLab has made it mandatory for new users to provide bank card details for free access to its tools. The move comes amid numerous abuses by cryptocurrency miners.

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