#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 15 20.01.2023

Compass Mining asked to return $1.75 million for equipment located in Russia

On January 17, the clients of Texas-based mining company Compass Mining filed a lawsuit seeking more than $1.75 million for equipment located in Russia.

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ForkLog 8 18.01.2023

BIT Mining launches BeeMiner LD3 miner for Litecoin and Dogecoin

BIT Mining has announced the start of sales of BeeMiner LD3 devices for mining Litecoin (LTC) and Dogecoin (DOGE).

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ForkLog 11 16.01.2023

Bitcoin mining difficulty hits a new high

As a result of the latest adjustment, mining difficulty of the first cryptocurrency reached a record high of 37.59 T, rising by 10.26%.

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ForkLog 15 14.01.2023

Bitcoin miners’ revenue fell 43% in 2022

For the entire year 2022, Bitcoin miners mined $9.45 billion — 43% less than the year before ($16.7 billion).

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ForkLog 10 13.01.2023

Celsius Mining to Sell Equipment for $1.3 Million

The mining company Celsius Mining, a subsidiary of the Celsius Network crypto-lending platform, notified the bankruptcy court for the Southern District of New York about the sale of equipment.

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ForkLog 9 13.01.2023

Bitfarms Warns of Possible Default on BlockFi Loan

Bitfarms said it is seeking more favourable repayment terms for the $20 million remaining loan from the crypto-lending platform BlockFi. Among other actions, the firm allowed a halt in repayments.

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ForkLog 6 12.01.2023

Bitcoin hashrate hits record high after December slump

The smoothed 14-day moving average hashrate of the Bitcoin network reached a new high of 270.25 EH/s.

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ForkLog 12 11.01.2023

Argo Blockchain cuts December Bitcoin production by almost 26%

In December, the UK-based mining company Argo Blockchain mined 147 BTC after 198 BTC in November. The production declined by 25.75%.

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ForkLog 7 10.01.2023

Core Scientific mined 2,791 BTC in two months

The mining company Core Scientific mined 1,356 BTC in November and 1,435 BTC in December, respectively. The rise was 5.8%, despite outages due to bad weather.

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ForkLog 12 09.01.2023

HIVE Blockchain mined 3,146 BTC in 2022

In 2022, the mining company HIVE Blockchain mined 3,146 BTC. The firm's total production of digital assets, expressed in bitcoin, amounted to 4,752 BTC.

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ForkLog 15 04.01.2023

Survival Game: What Happened to the Mining Industry in 2022

Paradoxical rise in Bitcoin hash rate amid price collapse and stagnation, Ethereum’s transition to Proof-of-Stake, and the first major bankruptcy of a mining company. Looking back at what else defined 2022 for the industry.

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ForkLog 25 03.01.2023

Mining company Riot drops ‘blockchain’ from its name

Riot Blockchain changed its name to Riot Platforms to emphasise its growing diversification of business operations.

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