#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 10 21.09.2023

Tether bets $420m on Nvidia GPUs

The USDT issuer, Tether Limited, spent $420m on acquiring 10,000 Nvidia H100 chips. The GPUs will be the payment for 20% stake in the mining company Northern Data.

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ForkLog 7 20.09.2023

Media outlets report plans to significantly raise electricity transmission tariffs for crypto-mining farms in Russia

The Ministry of Energy proposes to raise electricity transmission tariffs for industrial crypto mining farms by two to five times.

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ForkLog 8 19.09.2023

Bitcoin mining difficulty hits a new all-time high

As a result of another recalculation {{AOPEN_1}}mining difficulty{{ACLOSE_1}} for the first cryptocurrency, it rose by 5.48%. The indicator reached a maximum of 57.12 T.

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ForkLog 9 18.09.2023

Hut 8 secures final court approval to merge with US Bitcoin

The Supreme Court of British Columbia granted Hut 8 Mining the final order necessary for the merger with the mining company US Bitcoin (USBTC).

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ForkLog 8 13.09.2023

Russian Ministry of Energy estimates miners’ electricity consumption

Electricity consumption by cryptocurrency miners in Russia in 2023 reached 1.5 GW.

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ForkLog 19 12.09.2023

Riot Platforms trims August mining, as Bitfarms mines 383 BTC

In early September, mining companies reported results for the past month.

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ForkLog 13 12.09.2023

Canaan unveils next-generation Bitcoin miner

Canaan Technology released the new immersion-cooled mining rig A1466I, according to reporter Colin Wu.

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ForkLog 15 10.09.2023

U.S. Senator Ted Cruz touts Bitcoin mining benefits for Texas

Republican U.S. Senator for Texas, Ted Cruz, said that Bitcoin mining can help stabilise the power grid during extreme weather events.

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ForkLog 12 09.09.2023

Uzbek regulator to begin issuing mining licences

On 6 September, President Shavkat Mirziyoyev signed amendments to the legislation, including those licensing mining.

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ForkLog 12 08.09.2023

JPMorgan estimates the average cost of mining Bitcoin

JPMorgan analysts trimmed the estimated cost of mining one BTC from $21,000 to $18,000 after Cambridge Centre for Alternative Finance revised its electricity consumption index methodology in mining, The Block reports.

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ForkLog 12 07.09.2023

Riot Platforms earned $31m from Bitcoin-miner outages

In August, the mining company Riot Platforms received $31.6 million in credits for responding to electricity demand and supply from the Texas operator ERCOT.

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ForkLog 12 06.09.2023

Bitcoin mining difficulty falls by nearly 3%.

As a result of another recalculation, the mining difficulty of the first cryptocurrency declined by 2.65%. The metric reached 54.15 T.

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