#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 6 25.08.2020

Iranian authorities shut down 1,100 illegal bitcoin farms

Iran's national energy holding company Tavanir suspended operations at 1,100 mining farms whose owners did not apply for a cryptocurrency mining licence. Sources within the agency received 100 million rials ($2,400) as a reward. The Financial Tribune, citing local media, reports this.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 21 25.08.2020

Texas-based Layer1 accused of misleading investors

The Texas-based mining company Layer1 misled investors about the amount raised and the composition of its founding team, according to Twitter industry insider BTCK555.

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ForkLog 15 24.08.2020

Kazakhstan to open one of the world’s largest mining data centres

In September, Enegix plans to open in Kazakhstan one of the world's largest data centres, with a capacity of 180 megawatts. ForkLog has learned from Enegix representatives.

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ForkLog 24 24.08.2020

Bitcoin mining difficulty hits a new all-time high

As a result of yet another recalculation of Bitcoin mining difficulty, the metric rose by 3.6% to 17.55 trillion hashes.

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ForkLog 6 21.08.2020

Ethereum miners oppose 75% block-reward cut

Ethereum developers proposed a 75% cut in block rewards. The move drew criticism from miners.

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ForkLog 17 21.08.2020

Canaan Founder Denies Ties to Layer1, the Mining Company

The Layer1 startup, which mines Bitcoin in Texas, identified Canaan Creative founder Liu Xiangfu as part of the company's leadership. Xiangfu himself denied any connection with the organization. This was reported by a Twitter industry insider under the handle BTCKING555.

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ForkLog 24 19.08.2020

Riot Blockchain to buy Bitmain miners for $17.7 million

American mining company Riot Blockchain has signed a contract with Bitmain to purchase 8,000 Antminer S19 Pro miners for $17.7 million.

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ForkLog 30 18.08.2020

BitMEX: Antminer S19 Pro holds a slight edge over Whatsminer M30S+

The flagship bitcoin miner Antminer S19 Pro from Bitmain slightly outperforms its competitor Whatsminer M30S+ from MicroBT, according to BitMEX Research researchers.

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ForkLog 13 18.08.2020

Floods in China knock the hash rate of the largest Bitcoin mining pools

Heavy rains in Sichuan province led to a decline in the hash rate of leading Bitcoin mining pools. Companies are forced to shut down equipment and evacuate staff, according to CoinDesk.

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ForkLog 26 17.08.2020

Bitcoin hash rate hits a record high

Bitcoin network hash rate has reached a record high, surpassing 129 EH/s. Over the past month, this metric rose by 14%, according to Blockchain.com.

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ForkLog 28 16.08.2020

Layer1, a mining company, accused of patent infringement

Lancium, a company specialising in energy-demand management, accused Layer1 of patent infringement over its adopted demand-response model for electricity, according to CoinDesk.

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ForkLog 17 14.08.2020

Bitmain to supply US-listed Marathon Patent Group with ASIC miners for $23 million

American mining company Marathon Patent Group, listed on Nasdaq, signed a long-term contract with Bitmain to purchase 10,500 Antminer S-19 Pro ASIC miners for $23 million.

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