#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 8 26.09.2022

GPU prices in China fall sharply after The Merge

In China, GPU prices—often used for Ethereum mining—fell sharply after the second-largest cryptocurrency switched to the Proof-of-Stake consensus algorithm, according to the South China Morning Post.

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ForkLog 20 23.09.2022

Compute North files for bankruptcy

The mining company and provider of infrastructure solutions for cloud mining Compute North filed for bankruptcy. Its liabilities to 200 counterparties are estimated at $500 million, and assets range from $100 million to $500 million.

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ForkLog 12 15.09.2022

Norwegian town takes aim at Bitcoin miners

Authorities and residents of the Norwegian town of Sortland have begun a fight against a local mining company over the noise it produces. Cointelegraph reports.

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ForkLog 27 15.09.2022

Ethereum Classic hash rate jumps 70% amid The Merge

After Ethereum migrated to the Proof-of-Stake consensus algorithm, the hash rate of the 'original Ethereum' Ethereum Classic rose to 110 TH/s. The daily rise was around 70%.

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ForkLog 8 14.09.2022

Bitcoin mining difficulty hits a new high

As a result of another adjustment to Bitcoin's mining difficulty, it rose by 3.45% to a record 32.05 T.

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ForkLog 17 13.09.2022

Poolin Bitcoin mining pool unveils plan to resume withdrawals

The liquidity-strapped mining pool Poolin will issue tokens as IOUs to address the withdrawal problem.

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ForkLog 10 12.09.2022

Greenidge Generation mined about 301 BTC in August

In August, the mining company Greenidge Generation mined about 301 BTC. The total since the start of 2022 stands at 1,771 BTC, according to a press release.

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ForkLog 23 09.09.2022

White House threatens to ban Bitcoin mining over its environmental impact

American lawmakers and regulators are weighing stringent measures against Bitcoin mining because of its large carbon footprint.

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ForkLog 9 08.09.2022

Bitcoin miners’ revenue rose 12% in August

In August, total revenue of Bitcoin miners amounted to $684.3 million. The figure rose by 12% from the previous month, according to the ForkLog report.

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ForkLog 8 07.09.2022

Hut 8 Mining’s reserves exceed 8,100 BTC

As of August 2022, the Canadian mining company Hut 8 Mining accumulated 8,111 BTC ($152.7m at the current rate).

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ForkLog 14 07.09.2022

Arcane Research notes resilient finances among public miners.

Public mining companies are going through difficult times due to a drop in Bitcoin price, higher electricity tariffs, and mining difficulties. But none of them have gone bankrupt, according to Arcane Research.

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ForkLog 68 06.09.2022

How bitcoin mining works

How does bitcoin mining work? Why does the reward shrink over time? How harmful is mining to the environment? We explain in cards.

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