#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 12.08.2020

Dagestan miners siphon nearly 2 million rubles’ worth of electricity from Rosseti

«Rosseti North Caucasus» identified several illegally connected mining farms, according to the company’s website.

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ForkLog 20 11.08.2020

Riot Blockchain mined 508 BTC in the first half of the year

Riot Blockchain, the US mining company, said that in the first half of the year it mined 508 BTC (about $5.8 million at the time of writing).

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ForkLog 13 10.08.2020

Opinion: China Will Lose Its Dominance in Bitcoin Mining

Casa's chief technology officer Jameson Lopp laid out arguments for a possible loss of China's leadership in cryptocurrency mining, including cheaper electricity and the organisation of chip production outside Asia.

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ForkLog 9 07.08.2020

In Bishkek, authorities uncover a large illegal mining farm.

In one of the hangars within the Bishkek Special Economic Zone (SEZ), employees of the State Service for Combating Economic Crimes of Kyrgyzstan (GSBEP) uncovered an illegal mining farm.

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ForkLog 11 07.08.2020

Study finds about one-third of electricity used to mine cryptocurrencies goes to altcoins

Bitcoin mining accounts for 66% of the total energy consumption used to mine the 20 largest cryptocurrencies. The data come from a Munich Technical University study published in Joule.

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ForkLog 12 06.08.2020

Bitmain Delays Miner Shipments Amid Internal Company Dispute

Bitmain delayed deliveries on orders placed in June–July to autumn.

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ForkLog 9 05.08.2020

How to Invest in Mining and the Associated Risks

The Bitcoin mining industry is drawing the attention of traditional and venture investors. With the advent of synthetic assets and hash-rate-based financial instruments, there are more investment options in mining.

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ForkLog 8 03.08.2020

Over five years, Ethereum transactions total $1 trillion

Since Ethereum's inception in July 2015, the cumulative value transferred through its network has reached $986 billion. The Block reports this, citing data from analytics firm CoinMetrics.

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ForkLog 11 30.07.2020

Iran Allows Power Plants to Work with Cryptocurrency Miners

Power plants in Iran have been allowed to work with Bitcoin mining centers and other cryptocurrencies, provided they hold a licence and 'comply with established tariffs', said Mostafa Rajabi Mashhadi, deputy managing director of the national energy holding company Tavanir.

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ForkLog 11 29.07.2020

GPU shortage hinders Chinese miners from joining Ethereum mining

Against the backdrop of Ethereum's price rising to $330, Chinese miners showed interest in mining the second-largest cryptocurrency. However, their plans were threatened by GPU shortages and rising prices, writes 8btc.

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ForkLog 10 28.07.2020

Report: Miners Slow to Sell Bitcoin During Rally

According to Glassnode analysts, miners are holding a large portion of mined Bitcoin after the price cleared the psychological barrier of $10,000. This behaviour is observed amid rising inflows of coins to centralized exchanges—the highest in three months.

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ForkLog 7 28.07.2020

Experts identify a new mining-related scam

Qrator Labs specialists uncovered a new scheme on fraudulent websites — attackers promise earnings from mining cryptocurrencies through users' devices. This was reported by Kommersant.

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