#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 10 02.04.2021

Bit Digital, which shifted to mining, mined $21m worth of Bitcoin in a year

Nasdaq-listed Bit Digital mined 1,510.2 BTC in 2020. Mining revenue amounted to $21.07 million, the firm said in its annual financial report.

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ForkLog 5 02.04.2021

Dagestan reports another major electricity theft for mining.

Rosseti North Caucasus thwarted a large-scale electricity theft for cryptocurrency mining in Makhachkala.

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ForkLog 8 01.04.2021

Foundry Digital backs Blockcap with $75 million funding

American mining company Blockcap raised $75 million in two rounds of financing from Foundry Digital and Off The Chain Capital, according to Cointelegraph. The funds will be used to expand its Bitcoin mining fleet from 12,000 to 30,000 devices. Blockcap estimates that by year-end its hash rate will reach 3.5 EH/s. Blockcap was founded in 2020 by former employees of the American blockchain-hosting provider Core Scientific. The company houses all of its mining rigs in Core Scientific's data centers.

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ForkLog 10 01.04.2021

Ethereum miner runs RTX 3060 rig with no hash-rate restrictions

An enthusiast in South Korea assembled a seven-GPU rig based on Nvidia GeForce RTX 3060 GPUs, bypassing the hash-rate restrictions on Ethereum mining.

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ForkLog 7 01.04.2021

Yaroslavl police identify suspect in theft of four mining rigs

Police from the Yaroslavl region have uncovered the theft of four mining rigs. A 33-year-old local resident is suspected of the crime.

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ForkLog 8 31.03.2021

Abkhazia approves fines and criminal liability for illegal mining

Members of the Abkhazian Parliament voted to amend the Code on Administrative Offences, establishing fines for illegal electricity consumption for cryptocurrency mining.

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ForkLog 15 30.03.2021

Blockstream to launch hash-rate-backed Bitcoin token

The infrastructure company Blockstream announced the release of security tokens designed to give investors access to mining the first cryptocurrency.

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ForkLog 12 30.03.2021

The9 to Expand Filecoin Mining Capacity

The Nasdaq-listed The9 Ltd has signed an agreement to purchase and deploy Filecoin (FIL) mining equipment worth $2 million.

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ForkLog 11 29.03.2021

Miami Mayor Seeks to Make City a Bitcoin-Mining Hub

Miami Mayor Francis Suarez, in an episode of the Unchained podcast, spoke of a desire to establish a Bitcoin mining hub in the city. He said that 90% of miners mine Bitcoin using dirty energy outside the United States.

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ForkLog 19 29.03.2021

Game Boy handheld console taught to mine Bitcoin

Enthusiasts have found a way to use the portable Game Boy to mine cryptocurrency.

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ForkLog 8 26.03.2021

Hut 8 buys Nvidia CMP mining GPUs for $30 million

Canadian Hut 8 Mining Corp completed a $30 million purchase of Nvidia CMP mining GPUs to expand its mining business beyond Bitcoin.

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ForkLog 15 26.03.2021

Argo Blockchain to launch a green Bitcoin mining pool

The mining company Argo Blockchain plans to create a Bitcoin mining pool that will use only clean energy.

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