#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 16 25.09.2020

Cloud-mining salons in Tatarstan did not survive the pandemic

"Crypto exchange" Walcoin, which for almost two years has conducted gambling-like activity in Naberezhnye Chelny under the guise of cloud-mining salons, has closed due to a lack of customers. Local media report this.

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ForkLog 10 24.09.2020

Venezuela to unite miners in a ‘national pool’

Venezuela's authorities have legalized mining, obliging miners to obtain a licence and join the 'national pool'. The official statement was published in Gaceta.

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ForkLog 9 22.09.2020

Abkhazia Sets Tariffs for Miners

The Cabinet of Ministers of Abkhazia approved a series of measures to regulate mining and set electricity tariffs for miners, according to the cabinet's official website.

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ForkLog 16 20.09.2020

Bitcoin mining difficulty hits a new all-time high.

As a result of another recalculation, Bitcoin mining difficulty rose by 11.35%. The metric reached a new all-time high — 19.31 trillion hashes (T).

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ForkLog 12 20.09.2020

Bitmain selects service partner in North America

The US-based mining company Core Scientific has become Bitmain's sole joint repair center in North America.

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ForkLog 164 18.09.2020

Australian man sentenced for mining Ethereum and Monero on government supercomputers

Sydney resident Jonathan Hu avoided a potential ten-year prison sentence for mining cryptocurrencies on government supercomputers, according to the Sydney Morning Herald.

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ForkLog 13 18.09.2020

Abkhazia to regulate mining, not ban it, says president

Abkhazia's authorities do not intend to ban mining, but to regulate it. This was stated by Abkhazia's president Aslan Bzhaniya, according to Sputnik.

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ForkLog 16 17.09.2020

Media: MicroBT to release a new generation of ASIC miners by year-end

The Chinese mining hardware manufacturer MicroBT will release the next generation of Whatsminer devices for Bitcoin mining by the end of the year, according to journalist Colin Wu.

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ForkLog 25 16.09.2020

Media: Crypto mining puts Abkhazia’s power grid on the brink of crisis

Due to energy-intensive mining of Bitcoin and other cryptocurrencies, Abkhazia is on the brink of a crisis—the republic lacks electricity to meet the growing needs of its population and economy. Local media report this.

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ForkLog 10 14.09.2020

Rise in mining-focused graphics-card sales in Russia

Russian retailers and distributors reported a rise in sales of graphics cards that can be used for mining cryptocurrencies.

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ForkLog 9 14.09.2020

Ingush miner stole 22.5 million rubles’ worth of electricity from Rosseti North Caucasus

A resident of Ingushetia organized a mining farm that illegally drew electricity from Rosseti North Caucasus, according to Kommersant.

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ForkLog 15 12.09.2020

Bitcoin miners earned $368 million in August

Bitcoin miners' revenues in August reached $368.3 million, up 23% from July, according to The Block.

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