Cryptocurrency Mining | ForkLog

ForkLog 24 02.06.2025

Alternative Mining Solutions Amid Regional Restrictions in Russia

In 2024-2025, several Russian regions implemented restrictions on electricity use for mining. In April, the Russian government signed a decree banning cryptocurrency mining in the southern Irkutsk region until 2031. The Russian Ministry of Energy also plans to extend similar measures to Zabaykalsky Krai and Buryatia. Alongside regional restrictions, cryptocurrency mining activities in Russia were […]

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ForkLog 24 02.06.2025

ViaBTC Celebrates Ninth Anniversary with $69,999 Prize Contest

The mining pool ViaBTC has launched a contest titled “Assemble the Puzzle” to mark its ninth anniversary, featuring a total prize pool of $69,999. The event will run until June 18, 2025, according to a press release. Assemble the Puzzle Participants are tasked with assembling nine pieces of a digital puzzle. To achieve this, they […]

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ForkLog 33 31.05.2025

IMF Questions Pakistan’s Bitcoin Initiatives

The International Monetary Fund (IMF) has expressed concerns regarding Pakistan’s initiatives in the realms of cryptocurrency and artificial intelligence, according to local media. The country’s authorities announced the allocation of 2 GW of surplus electricity for Bitcoin mining and powering data centers to support the AI sector. Speaking at the Bitcoin 2025 conference in Las […]

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ForkLog 70 31.05.2025

Bitcoin Mining Difficulty Reaches New High of 126.98 T

Following the latest recalibration, the difficulty of mining the leading cryptocurrency increased by 4.38%, reaching a record high of 126.98 T. Source: CloverPool. Earlier this month, the metric retreated from its previous peak of 123.23 T, dropping by 3.34%. A recovery followed two weeks later, with a 2.12% increase to 121.66 T. According to Glassnode, […]

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ForkLog 39 30.05.2025

Beyond the blockchain: “useful” mining and the Proof‑of‑Useful‑Work concept

As entire countries set an example of efficient mining, ForkLog’s editors wondered whether it is possible to go beyond the paradigm — to channel vast computing power for good, rather than confining the technology to hash calculation. Having studied information compiled by Web3 enthusiast Danil Ivanov on the “useful” consensus mechanism Proof-of-Useful-Work (PoUW), we concluded […]

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ForkLog 54 29.05.2025

Marathon chief urges U.S. to mine bitcoin to build a strategic reserve

To build a strategic bitcoin reserve, the U.S. could levy a royalty on mining. An alternative is to mine bitcoin using surplus hydropower. The administration of U.S. President Donald Trump could fulfil its pledge to create a Strategic Bitcoin Reserve (SBR) by starting to mine the cryptocurrency, said MARA CEO Fred Thiel, according to CoinDesk. […]

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ForkLog 104 28.05.2025

Bitmain Unveils Bitcoin Miner with 9.5 J/TH Energy Efficiency

Bitmain has introduced the flagship of its latest series of bitcoin miners, the Antminer S23 Hydro, boasting an energy efficiency of 9.5 J/TH. ?ANTMINER S23 Hyd. Newly Launched at WDMS 2025!?580T 9.5J/TSales Start from May 28th, 9:00AM (EST)Shipping from Q1, 2026 pic.twitter.com/Kg3VJTt7Rg — BITMAIN (@BITMAINtech) May 27, 2025 The hydro-cooled device delivers a hash rate […]

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ForkLog 84 27.05.2025

Crypto Bhutan: How one of the world’s most closed countries pioneered ‘green’ mining

For years the kingdom of Bhutan stood apart from global trends. Today the Himalayas hum not only with prayer wheels but also with mining farms. ForkLog looks at how a small mountain state is building a digital future—and what bitcoin has to do with it. From centuries of isolation to mining Until recently Bhutan pursued […]

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ForkLog 40 25.05.2025

Pakistan Allocates 2 GW of Power for Bitcoin Mining and AI Centers

The government of Pakistan will allocate 2 GW of surplus electricity for Bitcoin mining and to power data centers for artificial intelligence, according to local media reports. This initiative is part of the country’s digital transformation strategy, proposed by the Cryptocurrency Council and supported by the Ministry of Finance. The ministry announced tax incentives for […]

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ForkLog 8 17.05.2025

Bitcoin Mining Difficulty Rises by 2.13%

The latest recalculation has seen the difficulty of mining the leading cryptocurrency increase by 2.13% to 121.66 T. Source: CloverPool. The metric has not returned to its all-time high of 123.23 T, from which it fell by 3.34% during the previous adjustment about two weeks ago. According to Glassnode, on May 8, the hash rate […]

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ForkLog 62 13.05.2025

Expert Comments on En+’s 1.2 Billion Ruble Lawsuits Against BitRiver

En+ entities are engaged in legal battles with Russian data center operator BitRiver, seeking over 1.21 billion rubles in two separate cases, according to Kommersant. In late April, the Arbitration Court of the Irkutsk Region granted a claim by “Infrastructure of Siberia” (part of En+) to recover 954.4 million rubles from GC “Fox,” which owns […]

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ForkLog 14 12.05.2025

American Bitcoin, Linked to Trumps, to List on Nasdaq

Hut 8’s subsidiary, American Bitcoin, is set to go public through a merger with Nasdaq-listed mining firm Gryphon Digital Mining. A new chapter begins. Read the full release for important information: https://t.co/wAjHvV7kUD pic.twitter.com/hHrgGbCRsh — American Bitcoin (@AmericanBTC) May 12, 2025 The share exchange deal is expected to close in the third quarter of 2025, pending […]

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