#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 7 02.06.2023

Bitfarms mined 459 BTC in May

In May, Bitfarms mined 459 BTC, increasing digital gold production by 21.1% from April.

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ForkLog 14 01.06.2023

Total Bitcoin miners’ revenue in May topped $916 million

Total Bitcoin miners' revenue in May reached $916 million.

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ForkLog 16 01.06.2023

CleanSpark buys 12,500 Bitcoin miners from Bitmain for $40.5 million

The American company CleanSpark announced the purchase of 12,500 new ASIC Bitcoin miners, Antminer S19 XP from Bitmain, for $40.5 million.

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ForkLog 10 29.05.2023

Debt-limit deal excludes 30% tax on cryptocurrency mining

The debt-limit package agreed by President Joe Biden and House Speaker Kevin McCarthy contains no mention of the DAME excise tax.

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ForkLog 8 26.05.2023

Canaan’s quarterly loss narrows to $84.4 million

For the first quarter, the mining equipment maker Canaan reported a net loss of $84.4 million after a loss of $91.6 million in the previous period.

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ForkLog 9 26.05.2023

Coinmint seeks $23m from chipmaker for ‘carefully thought-out deception’

The mining company Coinmint seeks $23 million in compensation from chipmaker Katena Computing for a 'carefully thought-out deception'.

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ForkLog 8 24.05.2023

Core Scientific asks court to extend restructuring to September

The mining company Core Scientific has submitted to the bankruptcy court an updated restructuring plan, projected through September 2023.

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ForkLog 13 23.05.2023

Solo miner pockets $177,115 for mining a Bitcoin block

On May 23, the solo miner mined block #790,958 in the Bitcoin blockchain with a total hashrate of 750 TH.

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ForkLog 6 19.05.2023

Marathon CEO forecasts exodus of miners amid rising US taxes

The proposed Biden administration crypto-mining tax would push the industry offshore, says Marathon Digital CEO Fred Thiel.

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ForkLog 24 19.05.2023

Canaan unveils immersion-cooled Avalon Made A1366I Bitcoin miner

The company Canaan unveiled the Avalon Made A1366I miner model for mining the first cryptocurrency with immersion cooling.

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ForkLog 26 19.05.2023

MicroBT unveils the most powerful Bitcoin miner

MicroBT, a maker of miners, unveiled at the Bitcoin2023 conference in Miami the market's most powerful Bitcoin mining device.

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ForkLog 18 18.05.2023

Bit Digital to set up mining capacity in Iceland

Bit Digital, the Nasdaq-listed bitcoin miner, has acquired 2,500 mining rigs for $5 million to set up a new data centre in Iceland.

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