#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 12 21.06.2023

Bitcoin miner Iris Energy to boost hash rate to 9.1 EH/s

Bitcoin miner Iris Energy announced plans to raise its own Bitcoin hash rate to 9.1 EH/s by early 2024.

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ForkLog 6 19.06.2023

Illegal crypto-mining farm dismantled in Ukraine

The leadership of the Lviv branch of the state-owned enterprise 'Forests of Ukraine' was suspected of running an underground mining farm.

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ForkLog 17 16.06.2023

Bitdeer: Jihan Wu mined 283 BTC in May

In May 2023, the Bitdeer mining services provider mined 283 BTC. The company's hash rate remained at 18 EH/s, according to a press release.

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ForkLog 13 16.06.2023

Russian miners’ profits estimated at about 100 billion rubles a year

Russian miners mine cryptocurrencies worth about $4 billion a year, with profits around 100 billion rubles, according to the Ministry of Finance.

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ForkLog 10 15.06.2023

Binance offers VIP users a ‘Transaction Accelerator’

Binance's mining pool unveiled a transaction acceleration service for VIP traders with monthly trading volume of at least $1 million.

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ForkLog 9 15.06.2023

Bitcoin mining difficulty hits a new high

On June 14, {{AOPEN_1}}mining difficulty{{ACLOSE_1}} of Bitcoin rose by 2.18%. The metric reached a new high at 52.35 T.

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ForkLog 10 13.06.2023

Bitcoin hash rate hits all-time high

On June 12, the hash rate of the Bitcoin network (smoothed over a seven-day moving average) reached a record high of 393.9 EH/s, according to Glassnode.

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ForkLog 5 06.06.2023

Argo Blockchain lifts quarterly revenue to $11.4m

Mining company Argo Blockchain posted first-quarter revenue of $11.4 million, up 15% on the prior period.

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ForkLog 19 06.06.2023

Tether invests $1bn in Bitcoin mine in El Salvador

The stablecoin issuer Tether participated in the first round of financing for the Volcano Energy project, a $1 billion Bitcoin mining venture in El Salvador.

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ForkLog 12 05.06.2023

El Salvador to build a 241 MW Bitcoin farm

El Salvador's authorities announced the Volcano Energy project with a capacity of 241 MW. It envisages the use of renewable energy sources for bitcoin mining.

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ForkLog 23 05.06.2023

Riot Platforms sold 600 BTC in May from the 676 BTC mined

The mining company Riot Platforms (formerly Riot Blockchain) mined 676 BTC in May, up 6% from April.

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ForkLog 9 02.06.2023

Marathon boosts bitcoin production in May by 77% to a record 1,245 BTC

The mining company Marathon Digital Holdings mined 1,245 BTC in May. This was 77% higher than in April and more than half of the figure for the entire first quarter.

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