Cryptocurrency Mining | ForkLog

ForkLog 146 29.04.2025

CCAF finds Bitcoin miners increasingly using cleaner energy

The share of sustainable energy in Bitcoin mining has reached 52.4%, up from 37.6% in 2022, according to a report by the Cambridge Centre for Alternative Finance (CCAF). Of that, 42.6% comes from renewables and 9.8% from nuclear. The share of natural gas rose from 25% to 38.2%, while coal fell from 36.6% to 8.9%. […]

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ForkLog 122 25.04.2025

Arkansas Residents Succeed in Blocking Bitcoin Mining Facility

The Vilonia City Planning Commission in Arkansas, USA, unanimously rejected a proposal to establish a cryptocurrency mining facility within its jurisdiction. The decision followed several weeks of protests by residents of the town, which has a population of just over 2,000 people. Residents expressed concerns about potential issues with internet and power supply, but the […]

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ForkLog 52 23.04.2025

Matrixport Extends $200 Million Credit to Bitdeer

In April, the crypto-financial firm Matrix Finance (trading as Matrixport) opened a $200 million credit line for bitcoin miner Bitdeer. Both companies were founded by former Bitmain CEO Jihan Wu. According to the annual report, the loan carries a floating rate of 9% plus market reference interest. Payments are made monthly, with a loan term […]

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ForkLog 55 21.04.2025

UN Expresses Concern Over Money Laundering via Cryptocurrency Mining

Transnational criminal groups from East and Southeast Asia are rapidly expanding their operations, using illegal cryptocurrency mining as a “powerful tool” to launder billions in illicit profits, according to a report by the UNODC. Cyberfraud in the Mekong reaches inflection point, @UNODC reveals: https://t.co/I5pS6mDTlR pic.twitter.com/xkAvG9PyA4 — UNODC Southeast Asia-Pacific (@UNODC_SEAP) April 21, 2025 The document, […]

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ForkLog 57 21.04.2025

Betting on efficiency: how bitcoin miners are adapting to new realities

Since the announcement of ‘liberation’ tariffs, bitcoin fell sharply — as did the глобальные фондовые индексы. At one point, volatility in the S&P 500, the “barometer of the American economy,” even превзошла swings in the leading cryptocurrency. One might have expected miner capitulation amid uncertainty and declining profitability. Instead, hashrate is hitting records and network […]

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ForkLog 112 17.04.2025

Public Bitcoin Miners Ramp Up Sales

In March, public mining companies increased their Bitcoin sales, reaching the highest volume since October 2024, reports TheMinerMag. Data: TheMinerMag. Fifteen publicly traded miners sold more than 40% of their production last month. HIVE, Bitfarms, and Ionic Digital exceeded 100%. Following the U.S. presidential elections, industry participants adopted a more aggressive HODL strategy. In the […]

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ForkLog 57 16.04.2025

Kazakh Authorities Seize 1,257 ASIC Miners from Fake Motor Centre

A court in Kazakhstan has sentenced three organisers of a mining farm disguised as an engine processing centre in Astana. This was reported by the Financial Monitoring Agency (FMA). According to the case materials, from 2022 to May 2024, the suspects engaged in cryptocurrency mining without the necessary license. This activity earned them 143.2 million […]

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ForkLog 46 15.04.2025

Tether Joins Bitcoin Core Developer’s OCEAN Mining Pool

Tether, the company behind the USDT stablecoin, will connect its current and future Bitcoin hashrate to the OCEAN mining pool, launched by Bitcoin Core developer Luke Dashjr. Tether to Deploy Hashrate on OCEAN, Advancing Decentralized Bitcoin Mining InfrastructureLearn more: https://t.co/QVzLawzvwK — Tether (@Tether_to) April 14, 2025 According to the statement, OCEAN allows miners to create […]

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ForkLog 32 14.04.2025

Bitcoin Miners in the US Accused of Air Pollution with Particulates

Approximately 1.9 million Americans have been exposed to increased air pollution from fine particulates caused by Bitcoin mining, according to a study published in Nature Communications. A team of scientists led by Francesca Dominici from the Harvard T.H. Chan School of Public Health found that the most affected states were: New York; Texas (northeast and […]

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ForkLog 21 14.04.2025

US Senate to Deliberate on Bill to Reduce Emissions from Miners

The US Senate has introduced a bill imposing regional emission limits on cryptocurrency mining facilities and AI data centers. The Clean Cloud Act was proposed by Democrats Sheldon Whitehouse and John Fetterman. It amends the Clean Air Act, requiring data centers with over 100 kW capacity to adhere to emission limits based on their region. […]

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ForkLog 85 11.04.2025

Expert Predicts Surge in ASIC Miner Imports to the US

Amid a “tariff pause,” a short-term increase in the import of bitcoin mining equipment to the United States is anticipated due to miners’ concerns about rising duties. This was stated by Hashlabs CEO Jaran Mellerud. Big news for miners ⚡️ Trump just initiated a 90-day pause on reciprocal tariffs, meaning US miners will pay 10% […]

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ForkLog 49 10.04.2025

CryptoQuant Highlights Benefits of Bitcoin’s Price and Hashrate Divergence

The rise in Bitcoin’s hashrate and mining difficulty, despite negative price trends, indicates strong underlying factors in terms of intrinsic value and network security. This view was expressed by CryptoQuant contributor Yonsei_dent. Bitcoin Drops to $80K, but Hashrate Hits ATH “Despite Bitcoin’s price dropping from $109K to around $80K, both the hashrate and mining difficulty […]

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