#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 02.03.2021

Bitcoin and Ethereum miners earned $1.36 billion in February

Bitcoin and Ethereum miners' revenues in February reached parity, hitting a record high of $1.36 billion.

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ForkLog 11 02.03.2021

Grayscale buys 80% of Litecoin mined in February

Grayscale Investments in the last 30 days purchased more than 174,900 Litecoin (LTC) out of the 201,600 coins mined during that period. The company's total assets under management reached 1.44 million LTC (~$248.3 million).

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ForkLog 16 02.03.2021

Abkhazia considers bills on fines and criminal liability for mining

The Parliament's Committee on State and Legal Policy of Abkhazia considered revised draft laws establishing penalties for mining activity in the country.

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ForkLog 13 01.03.2021

Mining farm found at Abkhazia’s asphalt plant; director to be dismissed

The Abkhazian economy minister and deputy prime minister Kristina Ozgan demanded that the asphalt plant director be dismissed within an hour, after a mining farm was discovered there the day before. She said this at a meeting in the Ministry of Economy, Sputnik reports.

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ForkLog 14 27.02.2021

Ethereum miners split into two camps over EIP-1559

Ethereum miners have split into two opposing camps over the EIP-1559 proposal. It envisages burning a portion of transaction fees and aims to reduce gas-price volatility.

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ForkLog 9 26.02.2021

Belarusian Ministry of Energy says it is studying the prospects of cryptocurrency mining

Belarusian Minister of Energy Viktor Karankevich described mining as an interesting direction and said authorities are studying the prospects for developing this activity. This was reported by the ministry's Telegram channel.

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ForkLog 38 26.02.2021

Ebang to begin mining Litecoin and Dogecoin.

The board of directors of Ebang International Holdings has decided to launch a Litecoin and Dogecoin mining business, the company said in a press release.

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ForkLog 18 26.02.2021

Oligarch Ihor Kolomoyskyi invested $50 million in a Georgia-based mining farm in 2017

Ukrainian oligarch Ihor Kolomoyskyi invested in a Georgian mining farm in 2017. His lawyers provided this information to a London court as part of PrivatBank's lawsuit.

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ForkLog 6 26.02.2021

Aide to Abkhazian deputy fired for transporting mining equipment

At the Abkhaz border, law enforcement detained an official vehicle and found cryptocurrency mining equipment inside. The local parliament's press service said.

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ForkLog 10 24.02.2021

Resident of Mari El Republic jailed for four years for theft of mining rig worth 600,000 rubles

The court found a resident of Mari El guilty of fraud in the theft of mining equipment.

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ForkLog 13 23.02.2021

Operator of Texas’s largest mining farm plans a $500m IPO

The Frankfurt-based mining company Northern Data plans to raise $500 million through an initial public offering (IPO). Bloomberg reports, citing its own sources.

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ForkLog 14 23.02.2021

Fee share in Ethereum miners’ revenue tops 50%

Ethereum miner revenues in February rose to a new record, topping $1 billion to date. More than half of that total came from transaction fees.

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