#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 11 13.03.2023

Bitcoin mining difficulty hits record high

Following the latest adjustment, mining difficulty for the first cryptocurrency rose by 1.16%. The metric posted a new all-time high at 43.55 T.

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ForkLog 9 13.03.2023

Solo miner strikes again with a Bitcoin block

On March 10, a solo miner mined block #780112 in the Bitcoin blockchain. This was reported by CKPool administrator Kon Kolivas.

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ForkLog 13 10.03.2023

Canadian regulator approves Hut 8 and US Bitcoin merger

The Canadian Competition Bureau does not intend to challenge the merger of Hut 8 Mining and US Bitcoin (USBTC). This is stated in a press release.

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ForkLog 6 10.03.2023

US proposes a 30% levy on electricity consumed by miners

The U.S. Treasury has advocated introducing an excise tax on mining companies amounting to 30% of the electricity their equipment consumes.

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ForkLog 18 09.03.2023

Hut 8 reports annual revenue of $109 million and growth in Bitcoin mining

In 2022, Hut 8 Mining generated revenue of CAD 150.7 million ($109 million). Compared with the previous period, the figure declined by CAD 23.1 million amid higher Bitcoin mining.

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ForkLog 17 09.03.2023

Baza: Russia imposes prison terms on miners for failing to declare income

The Russian Ministry of Finance has introduced into the bill regulating cryptocurrency mining a provision on criminal liability for failing to declare digital assets.

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ForkLog 10 09.03.2023

Binance adds subscription to cloud Bitcoin mining products

The cryptocurrency exchange Binance launched new cloud Bitcoin mining products.

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ForkLog 12 08.03.2023

Jack Dorsey announces ‘Mining Development Kit’ for Bitcoin mining developers

Jack Dorsey’s Block is developing a 'Mining Development Kit' (MDK).

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ForkLog 13 07.03.2023

SEC charges Green United, a seller of mining hardware, with $18 million fraud

The U.S. Securities and Exchange Commission has charged Green United, a manufacturer of cryptocurrency mining equipment, with violations of federal law and fraud totaling $18 million.

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ForkLog 10 07.03.2023

Canaan’s fourth-quarter 2022 revenue falls 60%

Canaan's revenue in Q4 2022 was $56.8 million, down 59.9% from the prior quarter.

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ForkLog 7 07.03.2023

Argo Blockchain mined 162 BTC in February

In February, Argo Blockchain's revenue amounted to $3.76 million. The company mined 162 BTC, up 7% from January.

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ForkLog 12 07.03.2023

TeraWulf Launches Bitcoin Mining Powered by Nuclear Energy

American mining company TeraWulf tapped 50 MW of capacity from the Susquehanna Nuclear Power Plant in Pennsylvania to mine Bitcoin.

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