#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 12 28.12.2020

Marathon to Buy Bitcoin Miners From Bitmain for $170 Million

The Nasdaq-listed mining company Marathon Patent Group has agreed with Bitmain to purchase 70,000 Antminer S19s. The deal is worth $170 million, according to the statement.

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ForkLog 14 27.12.2020

Taproot upgrade support reaches 91% of Bitcoin’s total hashrate

Following Binance's pledge to support Taproot, 91.5% of the Bitcoin network's total hashrate signals support for the upgrade.

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ForkLog 27 25.12.2020

Illegal mining farm uncovered on hotel premises in Georgia

Energo-Pro Georgia identified an illegal mining farm on the Banguriani hotel grounds in Mestia. Sputnik, citing the company's statement.

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ForkLog 7 24.12.2020

Russian court denies consumer status to owner of mining equipment

A resident of Yekaterinburg could not obtain compensation for the delay in the delivery of mining equipment, as the court held that consumer protection law does not apply to it.

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ForkLog 7 23.12.2020

Entrepreneur secures Abkhazia premier’s approval to import mining equipment despite ban

Abkhazia's Prime Minister Alexander Ankvab privately allowed a local entrepreneur to import cryptocurrency-mining equipment into the republic, despite the ban in place. Sputnik Abkhazia reports this.

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ForkLog 11 22.12.2020

Greenidge Generation Sued Over Expansion of Bitcoin Mining Capacity

The Torrey town authorities and the Greenidge Generation hybrid power plant, which mines bitcoin, have been named as defendants in a lawsuit filed in the New York State Supreme Court by several environmental organizations.

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ForkLog 15 22.12.2020

Riot Blockchain to buy 15,000 ASIC miners from Bitmain for $35 million

American mining company Riot Blockchain has signed an agreement with Bitmain to purchase 15,000 ASIC miners of the Antminer S19 Pro and S19j Pro models for a total of about $35 million.

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ForkLog 9 22.12.2020

Rosseti reports increased activity of ‘black’ miners amid Bitcoin price rise

Representatives of Rosseti said there was increased activity by 'black' miners amid the rise in the Bitcoin price, Prime reports.

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ForkLog 12 22.12.2020

Abkhazian police disconnect 3,783 ASIC miners

During the week, law enforcement in the Republic of Abkhazia uncovered 12 cryptocurrency mining farms and disconnected 3,783 mining devices from the grid, according to the press service of the local interior ministry.

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ForkLog 12 21.12.2020

190 computers stolen from a NATO base for cryptocurrency mining

For five years, an IT specialist at the Estonian Ministry of Defence, who had access to state secrets, mined cryptocurrency at the Emari military airbase and bought mining equipment with funds from the state budget. According to Eesti Ekspress.

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ForkLog 28 17.12.2020

Core Scientific to acquire more than 58,000 Antminer S19 miners from Bitmain

The American blockchain-hosting provider Core Scientific has signed an agreement with Bitmain Technologies to purchase more than 58,000 Antminer S19 ASIC miners in addition to the previous contract.

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ForkLog 6 15.12.2020

Media: More than 1,000 mining rigs seized in Bulgaria

The European electricity supplier CEZ Group revealed the largest electricity theft in its history. The theft was caused by an illegal mining farm operating in Bulgaria, according to local publication Vesti.

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