#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 19 10.01.2024

Phoenix Group Secures $187 Million Deal with Bitmain

The mining firm Phoenix Group announced a $187 million contract with the bitcoin mining equipment manufacturer Bitmain. Details have not been disclosed. In December, the company reached a similar agreement with rival equipment supplier MicroBT for $380 million. Phoenix Group explained that these initiatives reflect the firm’s ambitions to reshape the global mining landscape and […]

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ForkLog 21 09.01.2024

CleanSpark Secures Deal for 160,000 Antminer S21 Units from Bitmain

American Bitcoin miner CleanSpark has entered into an agreement to acquire 160,000 Antminer S21 units from Bitmain, equivalent to 32 EH/s. This initiative will enable the firm to increase its hash rate to 50 EH/s.

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ForkLog 18 08.01.2024

Marathon Mines Record 1853 BTC in December

At the beginning of January, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In December 2023, Marathon Digital Holdings mined a record number of coins — 1853 BTC. For the entire year, the figure amounted to 12,852 BTC. Source: Marathon Digital Holdings. According […]

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ForkLog 18 06.01.2024

Bitcoin Mining Difficulty Reaches New Peak

Following the latest recalibration, the difficulty of mining the leading cryptocurrency has risen by 1.6%, setting a new high at 73.2 T. Data: BTC.com. The average hash rate since the previous adjustment was 524.18 EH/s, with the interval between blocks being less than 10 minutes. According to Glassnode, on January 5, the smoothed 7-day moving […]

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ForkLog 52 05.01.2024

The Mining Industry in 2023: Preparing for the Halving and Its Implications

The United States and public companies have increased their share in Bitcoin’s hashrate, leading manufacturers have released new generations of miners, and cryptocurrency miners are increasingly focused on the upcoming halving. Reflecting on what else marked the year 2023 in the industry. The United States strengthened its leadership in hashrate share. Miners improved their balance […]

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ForkLog 16 29.12.2023

BIT Mining Finds Buyer for BTC.com Mining Pool for $5 Million

BIT Mining Limited, listed on the New York Stock Exchange, announced the sale of the BTC.com mining pool.

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ForkLog 16 27.12.2023

Bit Digital plans to double its Bitcoin hash rate

Nasdaq-listed mining company Bit Digital announced its plan to raise the Bitcoin network's hash rate to around 6 EH/s in 2024.

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ForkLog 18 27.12.2023

Bitcoin hash rate hits an all-time high

On December 25, Bitcoin's network hash rate registered a record high of 544.6 EH/s, according to Blockchain.com.

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ForkLog 36 25.12.2023

Bitcoin miners’ revenue from fees for the year up 400%

Average daily revenue from transaction fees earned by bitcoin miners exceeded $2 million; the annual figure rose 400%.

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ForkLog 6 25.12.2023

Akron Energy raises $110 million to expand Bitcoin mining infrastructure

The infrastructure-focused mining company Akron Energy has raised $110 million to expand the capacity of its data centres, mainly for Bitcoin mining. TechCrunch reports.

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ForkLog 13 23.12.2023

Bitcoin mining difficulty hits a new high

As a result of another adjustment, the mining difficulty of the first cryptocurrency rose by 7%. The metric reached a new high at 72.01 T.

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ForkLog 21 22.12.2023

Core Scientific outlines timeline for exiting bankruptcy

The mining company Core Scientific intends to exit the bankruptcy proceedings in mid-to-late January 2024.

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