#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 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 17 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 11 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 26 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 14 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 17 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 16 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 14 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 21 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 14 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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ForkLog 57 30.08.2023

BlackRock Invests More Than $400 Million in Mining Companies

The investment giant BlackRock holds shares in four cryptocurrency mining companies worth $411 million.

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ForkLog 22 30.08.2023

Stronghold seeks permit to mine with tire-derived energy

The American miner Stronghold Digital Mining has filed an application with the Pennsylvania Department of Environmental Protection for approval to mine cryptocurrency using energy derived from burning tires.

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