#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 7 15.02.2021

Seventeen devices illegally mined Bitcoin at Tajikistan kindergarten

Four Tajikistan residents have been detained for illegal connection to power grids to mine Bitcoin and for tax evasion. According to the local desk, the media has been recognised as a foreign agent by the Russian authorities (Radio Liberty). The operations took place last year, but they became known only now.

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ForkLog 7 12.02.2021

Miner profits from an old GPU amid equipment shortages

A miner from Russia resold an old graphics card and earned three times its original cost. He spoke about it in a blog on Overclockers.

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ForkLog 9 11.02.2021

Bitcoin mining outstrips Argentina in electricity use

Annual electricity consumption for Bitcoin mining surpassed the energy use of Argentina as a whole, according to a Cambridge University study.

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ForkLog 11 10.02.2021

Argo Blockchain to Build a Mining Centre in Texas

The London Stock Exchange-listed mining company Argo Blockchain announced plans to buy land in Texas for the construction of a new data centre for Bitcoin mining.

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ForkLog 11 10.02.2021

Largest batch of ASIC miners imported into Russia

In December 2020, BitRiver's data centre operator imported into Russia from Asia a batch of more than 20,000 ASIC miners with a total capacity of around 70 MW. Representatives of the project told ForkLog.

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ForkLog 14 10.02.2021

Rosseti: Dagestan remains the leading region for illegal mining farms

Since the start of 2021, Rosseti North Caucasus identified four cases of unmetered electricity consumption by miners. All theft cases were detected in Dagestan.

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ForkLog 9 09.02.2021

Ukrainian citizen tried to smuggle undeclared mining equipment through customs

Customs officers at the Matveyev Kurgan MAPP border crossing detected undeclared cryptocurrency-mining equipment in a Ukrainian citizen's hand luggage, according to the Southern Customs Administration's site.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 23 09.02.2021

China-based miners assemble a laptop-farm capable of yielding $77,000 in Ethereum per year

Gaming laptops powered by GeForce RTX 30 GPUs have become popular among Chinese Ethereum miners, according to the BTCer blogger.

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ForkLog 11 09.02.2021

In Chelyabinsk, a criminal case has been opened against the head of a Russian Railways division over on-site mining

The head of the Chelyabinsk Directorate of Communications was accused of mining cryptocurrency at the workplace. The Urals Transport Investigation Department of the Investigative Committee of the Russian Federation reports this.

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ForkLog 67 08.02.2021

Media: Chinese Bitcoin miners caused power outages in Iran

Since the beginning of January, electricity outages have hit Iranian cities, with authorities linking them to Bitcoin mining. France 24 journalists found that many mining farms in the country belong to Chinese companies seeking to hide their presence.

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ForkLog 17 06.02.2021

Bitcoin hash rate hits a record 174.9 EH/s

The hash rate of the bitcoin network reached a new all-time high of 174.9 EH/s.

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ForkLog 13 05.02.2021

Poolin acquires NovaBlock pool to expand into North America

The mining pool Poolin, which controls 10.5% of Bitcoin's hash rate, has acquired the North American competitor NovaBlock as part of its strategy to expand into new international markets.

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