#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 9 09.01.2021

Bitcoin mining difficulty hits a new record as miner revenues rise and equipment shortages bite

Bitcoin mining difficulty rose by 10.79% after the latest adjustment, reaching a new record at 20.61 T.

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ForkLog 12 09.01.2021

Canaan unveils immersion-cooled Bitcoin miner

One of the oldest ASIC hardware manufacturers, Canaan Creative, has unveiled an immersion-cooled miner—the Avalon A1066I.

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ForkLog 13 07.01.2021

Iran shuts down 1,620 illegal mining farms

Iranian authorities closed 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of capacity, according to Financial Tribune.

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ForkLog 17 06.01.2021

The9 to enter mining industry as shares jump 140%

Nasdaq-listed The9 Ltd said it would enter the cryptocurrency mining industry. Within two days of the announcement, the Chinese internet company's shares jumped 140%.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 8 03.01.2021

Ecologists Comment on Gazprom Neft’s Associated Petroleum Gas Mining Project

Scientists, entrepreneurs and miners provided ForkLog with exclusive comments on Gazprom Neft's pilot project for mining on associated petroleum gas (APG).

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ForkLog 12 30.12.2020

MicroBT opens service centre for ASIC miners in Kazakhstan

Chinese miner manufacturer MicroBT has opened a service centre for CIS residents at Enegix's largest data centre in Ekibastuz, Kazakhstan.

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ForkLog 16 30.12.2020

American builds mining farm with 78 GPUs, yielding $128,000 a year

An Ethereum mining farm in the United States, consisting of 78 GeForce RTX 3080 cards from PNY, has been found. According to TechARP, it yields $128,088 per year to the owner.

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ForkLog 17 30.12.2020

Halving, corporate war and the reshaping of influence: how mining changed in 2020

This year, the third Bitcoin halving and the corporate war between Bitmain co-founders Micree Zhan and Jihan Wu had a major impact on mining. Against this backdrop, China began losing share of the hashrate to other regions. Here's what defined the year for the crypto-mining industry.

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ForkLog 9 29.12.2020

Bitcoin miners’ revenue reaches $1 million per hour

Bitcoin miners' revenue after the May halving rose 185% to the current $1 million per hour, according to Glassnode. The last time revenues were this high was in the summer of 2019, when the block reward was 12.5 BTC.

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ForkLog 5 29.12.2020

Court orders miners to pay 22.8 million rubles to Rosseti Center Lipetskenergo branch

Lipetsk's Pravoberezhny District Court upheld the claim of the Rosseti Center Lipetskenergo branch for compensation of damage amounting to 22.8 million rubles caused by the mining farm.

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ForkLog 16 29.12.2020

Abkhazia restricts Internet access amid cryptocurrency mining

On 28 December, the Abkhazian State Committee for Communications, Mass Media and Digital Development issued an order for the temporary blocking of sites used by cryptocurrency miners.

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ForkLog 9 28.12.2020

Bloomberg: Electricity prices for Bitcoin miners in Scandinavia fall to multi-year lows

Sweden and Norway faced hydroelectric overproduction, driving tariffs down. The countries have again become a profitable base for Bitcoin mining, Bloomberg reports.

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