#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 15 06.07.2023

Experts explain the specifics of mining in the UAE

The UAE generates about 3.7% of the global Bitcoin hashrate and is the fastest-growing mining centre in the Middle East. Luxor's experts arrived at this conclusion.

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ForkLog 11 06.07.2023

Marathon cuts June Bitcoin production to 979 BTC

Mining company Marathon Digital Holdings mined 979 BTC in June. The figure fell by 21% versus May's record, but year-over-year rose by 599%.

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ForkLog 7 06.07.2023

Bitcoin miners’ fee revenue rose by 270%

In the second quarter, Bitcoin miners earned $184 million from fees. The figure is 270% higher than in the prior period and exceeds the full-year 2022 figure, according to Coin Metrics.

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ForkLog 10 03.07.2023

Hut 8 Mining reports growth in the high-performance computing sector

Hut 8 Mining announced new contracts for high-performance computing services, including the artificial intelligence (AI) industry.

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ForkLog 7 29.06.2023

Bitcoin mining difficulty fell by 3.26%

Bitcoin mining difficulty fell by 3.26%. For the first time since May, the metric posted negative momentum

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ForkLog 46 29.06.2023

In Russia, 15,000 ASIC miners were hijacked under the guise of an offer from RusHydro

Fraudsters posing as RusHydro employees are sending miners commercial offers to install equipment at several hydroelectric plants.

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ForkLog 14 28.06.2023

Miners sent over $1 billion in Bitcoin to exchanges.

Since June 15, miners have sent 33,860 BTC to cryptocurrency exchanges for a total value exceeding $1 billion.

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ForkLog 7 27.06.2023

Bitcoin miners send record $128 million to crypto exchanges

Bitcoin miners sent $128 million in cryptocurrency to exchanges. The figure is equivalent to about 315% of their daily mining and marks an all-time high, according to Glassnode analysts.

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ForkLog 18 27.06.2023

Riot Platforms to buy Bitcoin miners from MicroBT for $162.9 million

Riot Platforms, a mining company, has signed an agreement with MicroBT to purchase 33,280 Bitcoin mining rigs with a total hashrate of 7.6 EH/s.

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ForkLog 10 26.06.2023

Coinbase extends $50m credit line to Hut 8

The mining company Hut 8 Mining agreed with Coinbase to open a $50 million line of credit secured by bitcoins.

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ForkLog 7 23.06.2023

Brooklyn bathhouse reveals use of heat from Bitcoin mining

The Bathhouse in Brooklyn (New York) admitted using heat from mining rigs to heat pool water. Customers reacted to the decision with mixed reactions.

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ForkLog 9 21.06.2023

CleanSpark to buy two bitcoin mining campuses for $9.3 million

American mining company CleanSpark has entered into a definitive agreement to acquire two bitcoin mining facilities in Dalton, Georgia, for $9.3 million.

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