#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 21 19.05.2021

Inner Mongolia authorities launch crackdown on illegal cryptocurrency mining

The Inner Mongolia Reform and Development Commission (DRC) has created a platform on which residents can report activity related to cryptocurrency mining in the autonomous region.

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ForkLog 7 19.05.2021

Rosseti North Caucasus reports nearly 5 million rubles in losses due to illegal miners.

Since the start of 2021, Rosseti North Caucasus has identified nine cases of electricity theft for cryptocurrency mining in Dagestan.

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ForkLog 10 19.05.2021

Bybit to Launch Ethereum Cloud-Mining Service

Bybit will launch a platform for Ethereum cloud mining.

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ForkLog 17 19.05.2021

Prices of some HDD models in the United States rise by $200 amid Chia demand

Due to elevated demand for hard drives from Chia miners, prices for high-capacity models at U.S. retailers rose by several hundred dollars.

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ForkLog 20 19.05.2021

BlockFi becomes partner in Blockstream’s mining business

BlockFi will host mining equipment in Blockstream's Georgia data centre.

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ForkLog 13 19.05.2021

Nvidia to throttle hash rate on three more GPU models

In Nvidia GeForce RTX 3080, 3070 and 3060 Ti GPUs, the hash rate will be reduced to render devices unprofitable for Ethereum mining.

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ForkLog 10 18.05.2021

Experts say Bitcoin is more environmentally friendly than the petrodollar

The petrodollar, backed by the U.S. armed forces, threatens the environment more than mining the first cryptocurrency. This was stated by Alex Gladstein, the Human Rights Foundation's Director of Strategy, and James McGinnis, co-founder of David Energy, on the Unchained podcast.

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ForkLog 11 18.05.2021

Power outages in China knock Bitcoin’s hashrate by 20%

On May 17, the total hash rate of the Bitcoin network fell by 20%. The disruption was caused by power-supply outages in Sichuan province, China, due to low rainfall and a shortage of coal.

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ForkLog 8 17.05.2021

Ten largest mining pools back Taproot upgrade on Bitcoin network

Binance Pool announced support for the Taproot upgrade in the Bitcoin network. According to Taproot Watch, this was the only top-10 pool that did not express a position.

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ForkLog 8 17.05.2021

Media reports: Iran to penalise miners for using household electricity.

The Iranian Ministry of Energy plans to fine miners who illegally consume electricity intended for domestic use. Tehran Times reports, citing the ministry's spokesperson Mostafa Rajabi Mashhadi [Mostafa Rajabi Mashhadi].

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ForkLog 11 17.05.2021

Study finds Bitcoin network uses less energy than the banking sector

Annual electricity costs of Bitcoin miners total 113.89 TWh, while gold production reaches 240.61 TWh, and in the banking sector about 263.72 TWh. This is according to a Galaxy Digital report.

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ForkLog 9 17.05.2021

Chia creators warn of potential vulnerability in the Hpool pool

Chia developer Bram Cohen urged miners to abandon unofficial pools and announced the creation of his own protocol by the end of May.

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