#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 6 06.10.2022

Bitcoin-miner revenues fall 19% in September

For August, aggregate revenue of Bitcoin miners totalled $551 million. The figure fell by 19% compared with the previous month, according to ForkLog's report.

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ForkLog 5 04.10.2022

Hut 8 Mining trims Bitcoin production in September

In September, Hut 8 Mining mined 277 BTC against 375 BTC in August. By the end of the month the Canadian mining company had accumulated 8,388 BTC ($168.5 million at current rate).

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ForkLog 7 04.10.2022

Analysts peg miners’ ‘pain threshold’ at $18,300

78,400 BTC could be at risk of liquidation if Bitcoin's price falls below $18,300, according to Glassnode's regression model of mining difficulty.

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ForkLog 14 04.10.2022

Duma committee recommends rejecting cryptocurrency mining bill

The State Duma Committee on the Financial Market recommended the lower house of parliament reject in the first reading the cryptocurrency mining bill.

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ForkLog 11 03.10.2022

Russia to sell electricity to Kazakhstan for mining

The Russian government is discussing supplying electricity to Kazakhstan for mining companies.

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ForkLog 7 30.09.2022

Scientists call Bitcoin ‘digital oil’ because of its climate impact

In terms of climate damage, Bitcoin acts more like 'digital oil' than 'digital gold', according to researchers at the University of New Mexico.

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ForkLog 8 29.09.2022

Kazakhstan proposes bill to regulate Bitcoin mining

Parliamentarians of Kazakhstan's Mazhilis have drafted a bill regulating cryptocurrency mining in the country. Mining will be allowed only for two categories of legal entities.

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ForkLog 10 29.09.2022

Binance launches mining pool for Ethereum PoW fork

The cryptocurrency exchange Binance launched a mining pool focused on mining tokens from the Ethereum PoW fork (ETHW).

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ForkLog 13 28.09.2022

Bitcoin mining difficulty falls for the first time since July

As a result of another adjustment, the mining difficulty of the leading cryptocurrency fell by 2.14% to 31.36 T. The metric showed negative momentum for the first time since July 21, 2022.

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ForkLog 10 28.09.2022

Bitdeer’s Jihan Wu to launch a $250 million miners’ relief fund

The Bitdeer mining-services provider, led by former Bitmain CEO Jihan Wu, will launch a $250 million fund to buy assets from distressed companies in the industry. Bloomberg reports.

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ForkLog 13 28.09.2022

Study finds publicly listed mining companies posted losses amid crypto winter

The vast majority of publicly listed mining companies reported unallocated losses on their balance sheets, despite a buoyant 2021. Arcane Research analysts found this.

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ForkLog 8 27.09.2022

Study finds Bitcoin mining accounts for 0.1% of global CO2 emissions.

Since the inception of the Bitcoin network and up to 21 September 2022, Bitcoin miners produced 199.65 million tonnes of CO2e.

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