Cryptocurrency Mining | ForkLog

ForkLog 49 12.03.2025

CoreWeave Secures $11.9 Billion AI Infrastructure Deal with OpenAI

AI startup CoreWeave, previously engaged in cryptocurrency mining, has signed a partnership agreement with OpenAI worth up to $11.9 billion. The deal involves providing Sam Altman’s firm with infrastructure for training new AI models. OpenAI will become an investor in CoreWeave, which plans a $350 million stock offering. “The collaboration with OpenAI under the new […]

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ForkLog 176 11.03.2025

Solo Miner Strikes Bitcoin Block with $299 Device

On March 10, a solo miner successfully mined block #887,212 on the Bitcoin network using a home setup Bitax with a hash rate of 480 GH/s. The reward amounted to 3.15 BTC, or approximately $250,000. Data: X. According to CKPool administrator Con Kolivas, the odds of calculating a block with such power are one in […]

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ForkLog 101 10.03.2025

Bitdeer Reports 9.7 J/TH Efficiency in New Mining Chip Tests

Jihan Wu’s Bitdeer has announced the successful testing of its new bitcoin mining chip, SEAL03, which demonstrated an energy efficiency of 9.7 J/TH. ?Just In! Bitdeer nails it again with its latest #SEAL03 Bitcoin mining ASIC, logging an exceptional power efficiency ratio of 9.7 J/TH – surpassing market performance benchmarks! This beast will power our […]

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ForkLog 13 10.03.2025

Bitcoin Mining Difficulty Rises by 1.43%

On March 9, following the latest adjustment, the difficulty of mining the leading cryptocurrency increased by 1.43% to 112.15 T. Source: CloverPool. The increase did not offset the 3.15% correction that occurred two weeks ago. However, the figure approached the all-time high of 114.17 T reached in January. According to Glassnode, the hash rate (smoothed […]

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ForkLog 29 07.03.2025

Russian Cryptocurrency Reserve Not Yet on the Agenda, Says Deputy Gorelkin

The establishment of a strategic cryptocurrency reserve (SBR) in Russia is “not yet being discussed” at the state level, according to Deputy Anton Gorelkin. He reported this. The statement comes amid the creation of an SBR in the United States, which involves the storage of confiscated digital assets. “There is no talk yet of purchasing […]

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ForkLog 30 07.03.2025

Luxor Clarifies Bitcoin Miner Import Blockade in the US

The US Customs and Border Protection (CBP) may have mistakenly seized thousands of ASIC miners, believing them to be illegally imported radio frequency devices. This was reported by Cointelegraph, citing Luxor Technology COO Ethan Vera. In the autumn of 2024, it emerged that customs were detaining shipments of Antminer S21 and T21 units from Bitmain. […]

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ForkLog 78 06.03.2025

US Customs Releases Seized Bitmain ASIC Miners

The US Customs and Border Protection (CBP) has released a significant batch of mining equipment previously held at the border. This was reported by Reuters, citing Taras Kulik, head of Synteq Digital. “Evidently, there were people in the CBP who disliked bitcoin mining, so they wanted to create a headache for the entire sector, and […]

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ForkLog 16 05.03.2025

JPMorgan Reports 22% Decline in Market Capitalisation of US Public Miners

The market capitalisation of 14 public miners in the United States fell by 22% in February, according to analysts at JPMorgan. Experts attributed this to the decline in Bitcoin’s price and the increase in mining difficulty, as reported by CoinDesk citing the report. The average daily reward for miners was $54,300 per EH/s, a decrease […]

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ForkLog 73 04.03.2025

Lukashenko Proposes Using Surplus Electricity for Cryptocurrency Mining

Belarusian President Alexander Lukashenko has suggested to the newly appointed Minister of Energy, Alexey Kushnarenko, that the country should focus on developing cryptocurrency mining. This was reported by local media. The head of state noted that he receives numerous inquiries regarding mining, indicating that the topic requires thorough examination. “If it is profitable for us, […]

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ForkLog 17 03.03.2025

250 Bitcoin Miners Shut Down in Irkutsk Region

An illegal mining farm with 250 devices was discovered in Shelekhov, Irkutsk region, according to a report by the city prosecutor’s office. The equipment was located in a non-residential building and belonged to an individual not listed in the registry of citizens engaged in cryptocurrency mining. Moreover, Shelekhov district is among the areas where digital […]

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ForkLog 28 24.02.2025

Bitcoin Mining Difficulty Decreases by 3.15%

On February 23, following the latest recalibration, the difficulty of mining the leading cryptocurrency fell by 3.15% to 110.57 T. Data: CloverPool. This marks the second adjustment of the year, retreating from the historical peak of 114.17 T. According to Glassnode, on February 7, the hash rate smoothed by a seven-day moving average reached a […]

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ForkLog 101 21.02.2025

Russia’s Mining Farms Surpass 11 GW in Capacity

The number of mining farms in Russia grew by 7% in 2024, reaching 136,600. At the beginning of 2025, their combined capacity exceeded 11 GW, reports Kommersant, citing an assessment by MTS EnergyTool. Russians are most actively mining Bitcoin, which accounts for 90% of the capacity, along with Litecoin, Kaspa, EthereumPoW, and Monero. The EnergyTool […]

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