#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 15 12.08.2022

Core Scientific posts $861.7 million loss after bitcoin revaluation

American blockchain-hosting provider Core Scientific, reporting April–June 2022 results, posted a net loss of $861.7 million on revenue of $164 million.

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ForkLog 8 11.08.2022

Hut 8 reports $69m loss for Q2

For the second-quarter results, the Canadian mining company Hut 8 posted a loss of $69.2 million versus $55.7 million in net profit in January–March.

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ForkLog 15 10.08.2022

In July, public miners continued to liquidate bitcoin reserves

In July, public mining companies sold 5,767.9 BTC with a total mined of 3,478 BTC, according to Hashrate Index experts.

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ForkLog 17 10.08.2022

CleanSpark agrees to buy operating Bitcoin mining facility for $16.2 million

American mining company CleanSpark has signed a definitive agreement with WAHA Technologies to acquire an operating Bitcoin mining facility for $16.2 million.

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ForkLog 11 10.08.2022

Cipher Mining launches a 40 MW green mining center

Cipher Mining has completed the deployment of Bitcoin miners at a new 40 MW data center in Texas, powered by a wind farm.

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ForkLog 17 09.08.2022

Marathon’s Q2 loss exceeds $190 million

American mining company Marathon Digital Holdings posted a net loss of $191.6 million in the second quarter, versus $13 million in January–March.

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ForkLog 11 08.08.2022

Bit Digital boosts Bitcoin production by 111% in July

In July, the Nasdaq-listed mining company Bit Digital mined 142.5 BTC, up 111% from the previous month.

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ForkLog 12 08.08.2022

Kazakhstan opens pre-trial investigation into a ‘mining’ financial-pyramid scheme.

The Department of the Financial Monitoring Agency of Kazakhstan has begun a pre-trial investigation into a financial pyramid scheme.

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ForkLog 18 07.08.2022

Hut 8’s mining reserves top 7,736 BTC

For July 2022, Hut 8 Mining accumulated 7,736 BTC (about $178 million at the rate at the time of writing).

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ForkLog 23 06.08.2022

Bitcoin miners’ revenue fell 9% in July.

In July, total revenue for Bitcoin miners amounted to $609.7 million. The figure fell by 9% from June, according to ForkLog's analytical report.

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ForkLog 6 05.08.2022

Argo Blockchain increases Bitcoin mining by 22% in July

For July, the mining company Argo Blockchain mined 219 BTC, 22% higher than the previous month's figure.

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ForkLog 12 04.08.2022

Bitcoin mining difficulty rose by 1.74% — for the first time in two months

Following the latest recalculation, Bitcoin mining difficulty rose by 1.74%, to 28.17 T. The indicator has shown positive momentum for the first time since the start of June 2022.

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