#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 25 18.11.2022

In Russia, lawmakers propose banning cryptocurrency circulation and requiring tax reporting by miners

The State Duma of the Russian Federation registered a bill regulating mining and the subsequent sale of mined cryptocurrencies.

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ForkLog 24 17.11.2022

Compute North to Sell Crusoe’s Mining Equipment for $1.55 Million

A Texas bankruptcy court approved the sale by blockchain-hosting provider Compute North to Crusoe Energy Systems of eleven mining containers for about $1.55 million.

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ForkLog 15 15.11.2022

Analysts highlight hodlers’ resilience and miner stress amid FTX collapse

The decline in hodler balances does not signal a widespread loss of confidence in the prospects for digital gold. However, miners, amid the turbulence caused by the FTX collapse, shed 9.5% of Bitcoin reserves, according to Glassnode.

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ForkLog 9 14.11.2022

Bitfarms narrows quarterly loss to $85 million

The mining company Bitfarms reported a net loss of $85 million in the third quarter, compared with $142 million in the prior period.

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ForkLog 16 14.11.2022

Canaan’s Q3 profit plunges 90%

For the third quarter, bitcoin miner Canaan posted net profit of 61.1 million yuan ($8.6 million). The figure fell by 90% from the prior period.

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ForkLog 9 09.11.2022

Marathon Digital narrows quarterly loss to $75.4 million

In the third quarter, Marathon Digital Holdings posted a net loss of $75.4 million versus $191.6 million in April–June.

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ForkLog 8 08.11.2022

Riot Blockchain slashes quarterly loss tenfold

In the third quarter, the mining company Riot Blockchain posted a net loss of $36.6 million versus $366.3 million in the prior period.

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ForkLog 12 08.11.2022

Iris Energy faces $103 million default notice

The mining company Iris Energy notified the SEC that two of its subsidiaries received a notice of default on a total debt of $103 million.

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ForkLog 8 07.11.2022

Bitcoin mining difficulty remains near record high

As a result of another recalculation, mining difficulty of the first cryptocurrency declined by 0.2%, to 36.76 T. The indicator slightly retreated from the previously reached maximum.

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ForkLog 16 07.11.2022

WSJ reports bitcoin miners on sale with discounts exceeding 70%

Mining companies are forced to heavily liquidate their cryptocurrency mining equipment to cover losses from the market decline.

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ForkLog 6 07.11.2022

HIVE Blockchain mined 307 BTC in October

In October, the Canadian mining company HIVE Blockchain Technologies produced 307 BTC. By November 5, the firm’s reserves stood at 3,311 BTC.

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ForkLog 8 05.11.2022

Bitcoin miners’ revenue up 7% in October

In October, the aggregate income of Bitcoin miners amounted to $589.7 million. The figure rose by 7% from the previous month, according to ForkLog's report.

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