#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 26 02.06.2021

Ethereum miners’ May revenue hits a record $2.39 billion

Total Ethereum miner revenue in May surged 45% to $2.39 billion, the first time surpassing Bitcoin's ecosystem metric.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 02.06.2021

Turkish central bank criticises Bitcoin for its environmental impact

The Central Bank of the Republic of Turkey presented to Parliament a report detailing its views on cryptocurrencies.

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ForkLog 29 02.06.2021

Opinion: A mining ban in China would improve Bitcoin mining’s environmental footprint

Hydropower, geothermal, solar and wind energy already provide a significant share of Bitcoin's hash rate, and a possible mining ban in China would reduce its coal-based component. This view was voiced by Daniel Frumkin of Braiins.

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ForkLog 18 02.06.2021

Daymak to release a lightweight electric car with mining option while parked

The Canadian maker of personal lightweight electric vehicles Daymak announced the release of the Spiritus model from 2023. The car will incorporate Daymak Nebula technology, cryptocurrency mining infrastructure, node software, and a wallet.

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ForkLog 14 01.06.2021

Overseas customers accounted for 78% of Canaan’s revenue

During January–March 2021, the revenue of the Chinese mining equipment maker Canaan Creative rose 5.9x year-over-year to 402.8 million yuan ($61.5 million). The share of overseas device sales rose from 4.9% to 78.4%, according to the financial report.

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ForkLog 16 01.06.2021

Taproot upgrade backed by 98% of miners

Activation of the Taproot upgrade in the network of the first cryptocurrency was backed by 98% of Bitcoin mining pools.

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ForkLog 10 01.06.2021

Abkhazia shuts down 23 mining farms.

During raids to identify illegal electricity consumption, the Abkhazian Ministry of Internal Affairs identified and halted the activities of 23 mining farms, the press service said.

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ForkLog 26 01.06.2021

How Kazakhstan’s proposed extra charge on mining could deter Chinese miners’ migration

After a sharp tightening of rhetoric toward the crypto industry in China, local miners began seeking other jurisdictions. Kazakhstan emerged as a destination. However, interest from Chinese miners may wane due to a proposed additional electricity charge for miners.

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ForkLog 5 31.05.2021

Marathon backs Taproot upgrade on Bitcoin network

US-based Marathon Digital Holdings announced MaraPool's support for the Taproot upgrade on the Bitcoin network.

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ForkLog 13 31.05.2021

Argentina’s Bitcoin mining surges on cheap electricity

Argentines have taken advantage of ultra-low electricity prices to mine Bitcoin.

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ForkLog 17 31.05.2021

Opinion: Bitcoin to overcome concerns about the environmental impact of mining

Bitcoin will withstand scrutiny over the environmental impact of its mining, Iris Energy Pty, a renewables-focused mining company, Bloomberg reports.

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ForkLog 11 31.05.2021

Sabrent to release SSD with up to 54-petabyte write endurance for Chia mining

Sabrent announced the release of a specialized series of SSDs for mining the Chia cryptocurrency.

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