#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 246 08.11.2025

Bitcoin Miner Phoenix Expands Capacity in Ethiopia by 30 MW

Abu Dhabi-based mining company Phoenix Group announced the establishment of a 30 MW cryptocurrency mining facility in Addis Ababa, the capital of Ethiopia.

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ForkLog 240 03.11.2025

Cipher Mining Secures $5.5 Billion AI Hosting Deal with AWS

Mining firm Cipher Mining has announced a $5.5 billion lease agreement with Amazon Web Services (AWS) to support AI computing.

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ForkLog 128 03.11.2025

Nearly 400,000 Illegal ASIC Miners Discovered in Iran

Over 95% of the 427,000 mining devices in Iran operate without a license due to low subsidized electricity prices.

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ForkLog 211 03.11.2025

Bitcoin Miner IREN Secures $9.7 Billion Contract with Microsoft

IREN has signed a contract with Microsoft to provide GPU-based cloud services. The five-year agreement is valued at approximately $9.7 billion.

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ForkLog 336 01.11.2025

Riot Describes Bitcoin Mining as a Means to an End

Riot Platforms reported a net profit of $104.5 million in the third quarter, with record revenue of $180.2 million.

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ForkLog 140 29.10.2025

TeraWulf to Raise $500 Million for Texas Data Center Construction

TeraWulf will conduct a private placement of $500 million in convertible notes. Funds will go towards a Texas data center.

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ForkLog 634 24.10.2025

Crusoe Secures $1.375 Billion for AI Infrastructure Development with OpenAI

Formerly engaged in Bitcoin mining, Crusoe has raised $1.375 billion in a Series E funding round led by Mubadala Capital and Valor Equity Partners.

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ForkLog 225 24.10.2025

Solo Miner Strikes Bitcoin Block, Earns $347,455

A solo miner mined block #920,440 on the Bitcoin network, earning 3.141 BTC ($347,455).

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ForkLog 232 23.10.2025

Bitcoin Miners’ Debt Surges 500% Amid Hashrate Competition

Over the past year, the total debt of bitcoin miners has increased sixfold, from $2.1 billion to $12.7 billion, noted VanEck analysts.

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ForkLog 448 20.10.2025

Bitcoin Mining Profitability Declines by 7%

In September, the profitability of mining the leading cryptocurrency fell by over 7%, with daily revenue per 1 EH/s of hashrate dropping from $56,000 to $52,000. This was reported by CoinDesk, citing a report from Jefferies.

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ForkLog 483 14.10.2025

Canaan Unveils Eco-Friendly Mining Solution, Shares Surge by 40%

Shares of Canaan rose by 40% as the company announced a project to convert APG into electricity for mining and AI workloads.

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ForkLog 256 03.10.2025

Bitcoin Mining Difficulty Reaches Record 150.8T

On October 1st, following the latest adjustment, the mining difficulty of the leading cryptocurrency reached 150.8T. This figure increased by 5.9%, setting a new all-time high.

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