Cryptocurrency Mining | ForkLog

ForkLog 60 17.03.2025

Bitdeer Unveils New Miners with Efficiency Up to 14.9 J/TH

Jihan Wu’s company, Bitdeer, has announced the launch of its new SEALMINER A2 Pro series mining rigs, boasting an energy efficiency ratio of up to 14.9 J/TH. Introducing the @SealMiner A2 Pro! As an upgraded series of A2 models, the A2 Pro is optimized with enhanced chips and an improved power supply, achieving 14.9J/TH power […]

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ForkLog 11 14.03.2025

US Mining Firm Accuses Hosting Provider of Hashrate Theft

The cryptocurrency mining company Consensus Colocation secured a temporary court injunction in Delaware (USA) against its hosting provider, Mawson. The latter blocked access to equipment due to disagreements over payments. The document mentions 21,000 mining installations valued at $30 million, which Consensus rents from Stone Ridge Ventures, operating at a facility in Midland, Pennsylvania. Disputes […]

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ForkLog 23 13.03.2025

Bitdeer Expands Bitcoin Reserves by 43% in a Month

By the end of February, the cryptocurrency reserves of the public mining company Bitdeer reached 1039 BTC, up from 724 BTC the previous month. This represents a growth of approximately 43%, according to a press release. During the reporting period, Bitdeer mined 110 BTC independently with its own hash rate of 9 EH/s. The total […]

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ForkLog 66 13.03.2025

Dogecoin Ranks Among Top Cryptocurrencies for Mining in Russia

Dogecoin (DOGE) has entered the top three most popular cryptocurrencies for mining in Russia, reported Deputy Anton Gorelkin, citing data from the ROCIT. The meme coin accounts for 8.4% of mining, trailing only Bitcoin (49.4%) and Litecoin (11.1%). DOGE is popular due to its support for merged mining with “digital silver”—LTC, which makes the process […]

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ForkLog 39 12.03.2025

CoreWeave Secures $11.9 Billion AI Infrastructure Deal with OpenAI

AI startup CoreWeave, previously engaged in cryptocurrency mining, has signed a partnership agreement with OpenAI worth up to $11.9 billion. The deal involves providing Sam Altman’s firm with infrastructure for training new AI models. OpenAI will become an investor in CoreWeave, which plans a $350 million stock offering. “The collaboration with OpenAI under the new […]

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ForkLog 151 11.03.2025

Solo Miner Strikes Bitcoin Block with $299 Device

On March 10, a solo miner successfully mined block #887,212 on the Bitcoin network using a home setup Bitax with a hash rate of 480 GH/s. The reward amounted to 3.15 BTC, or approximately $250,000. Data: X. According to CKPool administrator Con Kolivas, the odds of calculating a block with such power are one in […]

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ForkLog 93 10.03.2025

Bitdeer Reports 9.7 J/TH Efficiency in New Mining Chip Tests

Jihan Wu’s Bitdeer has announced the successful testing of its new bitcoin mining chip, SEAL03, which demonstrated an energy efficiency of 9.7 J/TH. ?Just In! Bitdeer nails it again with its latest #SEAL03 Bitcoin mining ASIC, logging an exceptional power efficiency ratio of 9.7 J/TH – surpassing market performance benchmarks! This beast will power our […]

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ForkLog 10 10.03.2025

Bitcoin Mining Difficulty Rises by 1.43%

On March 9, following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 1.43% to 112.15 T. Source: CloverPool. The increase did not offset the 3.15% correction that occurred two weeks ago. However, the figure approached the all-time high of 114.17 T reached in January. According to Glassnode, the hash rate (smoothed […]

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ForkLog 27 07.03.2025

Russian Cryptocurrency Reserve Not Yet on the Agenda, Says Deputy Gorelkin

The establishment of a strategic cryptocurrency reserve (SBR) in Russia is “not yet being discussed” at the state level, according to Deputy Anton Gorelkin. He reported this. The statement comes amid the creation of an SBR in the United States, which involves the storage of confiscated digital assets. “There is no talk yet of purchasing […]

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ForkLog 28 07.03.2025

Luxor Clarifies Bitcoin Miner Import Blockade in the US

The US Customs and Border Protection (CBP) may have mistakenly seized thousands of ASIC miners, believing them to be illegally imported radio frequency devices. This was reported by Cointelegraph, citing Luxor Technology COO Ethan Vera. In the autumn of 2024, it emerged that customs were detaining shipments of Antminer S21 and T21 units from Bitmain. […]

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ForkLog 71 06.03.2025

US Customs Releases Seized Bitmain ASIC Miners

The US Customs and Border Protection (CBP) has released a significant batch of mining equipment previously held at the border. This was reported by Reuters, citing Taras Kulik, head of Synteq Digital. “Evidently, there were people in the CBP who disliked bitcoin mining, so they wanted to create a headache for the entire sector, and […]

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ForkLog 15 05.03.2025

JPMorgan Reports 22% Decline in Market Capitalisation of US Public Miners

The market capitalisation of 14 public miners in the United States fell by 22% in February, according to analysts at JPMorgan. Experts attributed this to the decline in Bitcoin’s price and the increase in mining difficulty, as reported by CoinDesk citing the report. The average daily reward for miners was $54,300 per EH/s, a decrease […]

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