Cryptocurrency Mining | ForkLog

ForkLog 147 15.08.2025

TeraWulf and Fluidstack Launch Ambitious AI Project with Google’s Backing

Mining firm TeraWulf has signed a 10-year contract with cloud AI platform Fluidstack. Supported by Google, the miner will provide approximately 250 MW, amounting to $3.7 billion. The company will offer its infrastructure at the Lake Mariner data center campus in western New York State to host high-performance computing capabilities. The facility is designed for […]

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ForkLog 144 13.08.2025

Expert: Qubic’s Attack on Monero Was More PR Than Threat

The mining pool Qubic launched an attack on the Monero network, which turned out to be more of a PR campaign than a genuine threat. This was stated to ForkLog by Alex Petrov, co-founder and CIO of Hyperfusion. Qubic significantly increased its visibility and token value, while the Monero network did not suffer any significant […]

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ForkLog 147 12.08.2025

MARA Ventures into AI Infrastructure with $168 Million Deal

Bitcoin miner MARA Holdings is in discussions to acquire a 64% stake in French data centre provider Exaion for $168 million, according to Bloomberg. The investment reflects a shift in the mining company’s priorities amid industry changes. Unlike its competitors, who focus on large data centre infrastructure, MARA is betting on AI inference technologies—data processing […]

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ForkLog 52 09.08.2025

Bitcoin Mining Difficulty Rises by 1.42%

On the night of August 8, following the latest recalibration, the difficulty of mining the first cryptocurrency increased by 1.42% to 129.44 T. Source: CloverPool. The metric has risen for the third consecutive time, setting a new all-time high. The average interval between blocks reached 14 minutes and 31 seconds. According to Glassnode, the hash […]

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ForkLog 20 07.08.2025

Greenidge Sells Mississippi Mining Facility Amid Financial Struggles

Greenidge Generation has sold its Bitcoin mining centre in Mississippi for $3.9 million, merely a year after its launch. This was disclosed in a filing with the SEC. The buyer is U.S. Digital Mining Mississippi, an entity linked to the publicly traded mining firm LM Funding America. The deal excludes the equipment and warehouse located […]

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ForkLog 109 07.08.2025

HashFlare Founders Plead for Leniency in $577 Million Fraud Case

Sergey Potapenko and Ivan Turygin, the founders of the cloud mining service HashFlare, have requested the court to consider their already served 16-month sentence. U.S. prosecutors are pushing for a 10-year prison term for orchestrating a $577 million Ponzi scheme, reports Cointelegraph. On August 6, investigators submitted a memorandum to the federal court in Seattle. […]

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ForkLog 39 07.08.2025

Trump’s New Tariffs Impact Bitcoin Miners in the US

The administration of Donald Trump has increased tariffs on the import of mining equipment from Southeast Asia. This move could slow the industry’s growth in the US, warned Ethan Vera, COO of Luxor Technology, in a comment to The Block. In April, the American government introduced a 90-day pause on tariffs announced under the “Liberation […]

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ForkLog 42 06.08.2025

Ingushetia Farmers Caught Illegally Mining Cryptocurrency, Stealing 8 Million kWh of Electricity

In the Ingush village of Surkhakhi, energy officials uncovered illegal cryptocurrency mining operations at a livestock farm, leading to significant electricity theft. This was reported by Rosseti North Caucasus. The consumer initially used a transformer with a capacity of 100 kVA and a contractual load of up to 80 kW. Later, the owner unlawfully replaced […]

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ForkLog 23 05.08.2025

EMCD’s Approach to Safeguarding Assets and User Data

In the first half of 2025, the crypto industry suffered losses of $3.1 billion due to scams and hackers. This figure surpasses the total for the entire year of 2024, which stood at $2.85 billion. We discussed user data security and protection with representatives from EMCD, one of the world’s top 10 Bitcoin mining pools. […]

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ForkLog 15 02.08.2025

Hive Co-Founder Links Sanctions to Bitcoin Mining

Countries under US sanctions are covertly engaging in bitcoin mining to access financial flows, according to Hive Digital co-founder Frank Holmes during a podcast with TheStreet. He noted that the decline in June of the hash rate and difficulty of the leading cryptocurrency by 15% followed airstrikes on Iran by Israeli and US forces. “Why? […]

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ForkLog 28 02.08.2025

JPMorgan Labels July a ‘Successful’ Month for Bitcoin Miners

In July, the profitability of mining the leading cryptocurrency by public companies in the United States reached its highest level since the last halving, according to CoinDesk, citing a report from JPMorgan. Experts estimate that miners experienced “another successful month,” with average revenue of $57,400 per 1 EH/s of hash rate, marking a 4% increase […]

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ForkLog 185 29.07.2025

Bitmain to Establish Bitcoin Miner Production in the US by Year-End

Bitmain, the world’s largest manufacturer of bitcoin mining equipment, is set to open its first factory in the United States. Irene Gao, the head of the company’s global business, told Bloomberg that this will occur in the coming months. By the end of the third quarter, Bitmain is expected to establish production facilities in either […]

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