#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 12 06.12.2022

Bitcoin miners’ revenue fell 20% in November

Bitcoin miners' total revenue in November stood at $473.2 million, down 20% from October, according to ForkLog's analytical report.

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ForkLog 15 06.12.2022

Bitcoin mining difficulty falls by 7.32%

Bitcoin mining difficulty fell by 7.32%, to 34.24 T.

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ForkLog 11 05.12.2022

Hut 8 Mining Raises Reserves to 8,925 BTC

In November, the Canadian mining company Hut 8 Mining mined 238 BTC. Under its strategy, all generated cryptocurrency was added to reserves, bringing the total to 8,925 BTC.

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ForkLog 10 01.12.2022

Russia sees surge in demand for ASIC miners as prices fall

In the fourth quarter, demand for ASIC miners in Russia surged as prices fell.

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ForkLog 16 23.11.2022

Foundry to buy two mining centres from the bankrupt Compute North

The DCG-owned Foundry Digital has signed an agreement with Compute North to acquire two operating cryptocurrency mining facilities and other assets.

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ForkLog 7 23.11.2022

New York imposes a two-year moratorium on mining

On November 22, New York Governor Kathy Hochul signed a bill imposing a moratorium on cryptocurrency mining powered by energy generated from carbon-based sources.

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ForkLog 12 23.11.2022

Core Scientific posts $434.8 million loss in Q3

The mining company Core Scientific posted a loss of $434.8 million for the third quarter. The firm said it doubts its ability to continue operations without additional liquidity.

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ForkLog 16 22.11.2022

Binance launches cloud mining service for Bitcoin

Binance Pool has launched the Cloud Mining service, which will allow users to acquire hashrate and mine Bitcoin in the cloud.

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ForkLog 16 22.11.2022

Founders of HashFlare and Polybius Bank Accused of Laundering $575 Million

In Tallinn, the founders of HashFlare cloud-mining service and Polybius Bank were detained. They face fraud and money-laundering charges involving $575 million.

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ForkLog 11 21.11.2022

Iris Energy Shuts Down Most of Its Mining Equipment

Mining company Iris Energy shut down most of its devices after a default notice received by two of its subsidiaries. This is stated in a filing with the U.S. Securities and Exchange Commission.

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ForkLog 12 21.11.2022

Mining difficulty hits a new high

As a result of another recalculation, the mining difficulty of the first cryptocurrency rose by 0.51%. The metric offset the previous minor pullback, and reaching a new high of 36.95 T.

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ForkLog 8 18.11.2022

Exchanges outlawed: experts assess new mining bill in Russia

If the Russian mining bill is adopted in its current form, it will lead to the creation of a black market for exchanges and exchangers in the country and the outflow of mined assets abroad, according to experts polled by ForkLog.

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