#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 11 13.06.2022

Bitcoin hash rate hits an all-time high

On June 11, the hash rate of the Bitcoin network (smoothed 7-day moving average) reached a new all-time high of 231 EH/s.

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ForkLog 11 11.06.2022

Sweden’s central bank urges ban on Bitcoin for environmental reasons

Riksbank published a report 'Cryptocurrencies and Their Impact on Financial Stability', in which it shared the results of its own study of mining under the {{AOPEN_1}}Proof-of-Work{{ACLOSE_1}} consensus algorithm.

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ForkLog 9 10.06.2022

Industry participants call New York mining moratorium ineffective

The mining ban in New York state will push crypto-mining out of the state and will accomplish little toward the moratorium’s stated goals, industry participants told Cointelegraph.

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ForkLog 10 10.06.2022

Texas Bitcoin Miners Curtail Energy Use

In June, high temperatures in Texas led to record electricity demand and affected the operations of local Bitcoin miners. The Block reports.

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ForkLog 18 08.06.2022

Bitcoin mining difficulty rose after May decline

On June 8, after another recalculation, Bitcoin mining difficulty rose by 1.29% to 30.28 T. The indicator remains below the all-time high reached in May 2022.

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ForkLog 8 08.06.2022

Argo Blockchain cuts Bitcoin production by 25%

In May, the British mining company Argo Blockchain mined 124 BTC, 25.3% lower than the previous month.

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ForkLog 10 07.06.2022

HIVE Blockchain sells 10,000 ETH to fund Intel-based Bitcoin miners

HIVE Blockchain Technologies directed the proceeds from the sale of about 10,000 ETH toward "funding strategic relationships with Intel and the creation of new Bitcoin miners".

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ForkLog 6 06.06.2022

Northern Data mined 295 BTC in May and expanded its mining fleet

In May, the German mining company Northern Data generated 295 BTC. This is about 9% lower than the previous month's figure, according to the press release.

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ForkLog 7 06.06.2022

Environmentalists call for revocation of Greenidge Generation’s operating permit

Environmental advocates and New York Assembly member Anna Kelles have urged Governor Kathy Hochul to revoke Greenidge Generation's mining permit, according to CoinDesk.

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ForkLog 14 05.06.2022

Vitalik Buterin criticises New York’s Bitcoin mining moratorium

Vitalik Buterin, founder of Ethereum, joined the criticism of New York state's moratorium on mining using electricity generated from carbon-based sources. He said authorities should not pick which specific applications may consume energy.

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ForkLog 13 04.06.2022

Bitcoin miners’ revenue falls 22% in May

In May, total revenue of Bitcoin miners stood at $906 million. The figure fell 22% from April, according to ForkLog's analytical report.

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ForkLog 7 03.06.2022

Riot Blockchain mined 466 BTC in May

Riot Blockchain, a Nasdaq-listed mining company, mined 466 BTC in May — up 104% from May 2021.

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