#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 8 05.05.2023

Montana shields Bitcoin miners from discriminatory tariffs

Montana Governor Greg Gianforte подписал SB 178 into law, prohibiting by statute interference with the activities of mining-related companies.

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ForkLog 11 04.05.2023

Analyst flags problems in Kazakhstan’s Bitcoin mining

From 2021 to 2023, Kazakhstan's share of the global Bitcoin hashrate fell from 18% to 4%.

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ForkLog 8 03.05.2023

Kazakhstan’s miners paid $6.7 million in taxes for 2022

In 2022, Kazakhstan's budget received 3.07 billion tenge ($6.7 million) in taxes from mining companies.

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ForkLog 12 03.05.2023

Bhutan and Bitdeer founder Jihan Wu to earmark $500 million for Bitcoin mining

Druk Holding & Investments (DHI), established by the Bhutanese authorities, and Bitdeer, a mining-services provider, will create a $500 million fund to organise cryptocurrency mining in the kingdom.

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ForkLog 12 03.05.2023

Biden administration proposes 30% tax on electricity used for cryptocurrency mining

CEA under President Joe Biden proposed including in the federal budget a 30% tax on electricity used in cryptocurrency mining. The initiative aims to minimize the climate impact, Yahoo reports.

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ForkLog 11 02.05.2023

BIT Mining Limited unveils LD4 device for Dogecoin and Litecoin mining

The NYSE-listed BIT Mining Limited unveiled a new generation of devices for mining Dogecoin (DOGE) and Litecoin (LTC) — the LD4.

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ForkLog 7 01.05.2023

Block, Jack Dorsey’s company, develops a prototype open-source mining ASIC chip

Block, Jack Dorsey’s company, has completed a prototype of an open-source Bitcoin-mining ASIC chip.

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ForkLog 13 28.04.2023

Bit Digital reports $32.3 million revenue for 2022

Bit Digital, listed on Nasdaq, released a financial report showing that the mining company's revenue for 2022 amounted to $32.3 million.

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ForkLog 6 28.04.2023

Greenidge Generation and Core Scientific Agree to Collaborate

The mining company Greenidge Generation has agreed with competitor Core Scientific to host 6,914 Bitcoin mining devices at Core Scientific's sites for one year.

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ForkLog 13 28.04.2023

Argo Blockchain reports a net loss of £194.2m ($240.2m) in 2022

British mining company Argo Blockchain posted a net loss of £194.2m ($240.2m) in 2022.

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ForkLog 12 24.04.2023

Bitfarms to expand Bitcoin mining capacity in Argentina to 100 MW

Bitfarms has received the necessary permits to increase the power draw of its Rio Cuarto mining facility in Argentina to 100 MW.

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ForkLog 7 20.04.2023

Bitcoin mining difficulty hits a new high

Bitcoin mining difficulty rose by 1.72% after another recalculation, reaching a new high at 48.71 T.

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