#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 23 29.03.2022

Iris Energy secures $71 million in debt financing to buy new Bitcoin miners

Iris Energy secured $71 million in debt financing to purchase new mining equipment.

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ForkLog 13 28.03.2022

Greenidge Generation raises $108 million to triple its hash rate

The mining company Greenidge Generation announced that it raised $108 million. The funds will be used to triple computing capacity to 4.7 EH/s.

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ForkLog 12 28.03.2022

Energy Ministry Proposes Regional Quotas for Mining

The Ministry of Energy believes it is more sensible to allocate mining sites regionally rather than at the federal level.

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ForkLog 17 25.03.2022

Bloomberg: ExxonMobil involved in Bitcoin mining using flare gas

ExxonMobil is running a pilot project to use flare gas from wells in North Dakota to power Bitcoin mining, Bloomberg reports citing its own sources.

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ForkLog 14 22.03.2022

US congressman: mining could bolster the country’s energy independence

The Texas-based US Representative Pete Sessions says bitcoin mining can play a "key role" in ensuring the country's energy independence.

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ForkLog 7 21.03.2022

Mining farm uncovered at Kazakh railway station

Law-enforcement authorities in Kazakhstan discovered a facility at the Kundyzdy railway siding where cryptocurrency-mining equipment was located. Local media, citing police representatives, report this.

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ForkLog 10 18.03.2022

In 2021, the Canadian publicly listed Hut 8 Mining mined 2,786 BTC and boosted revenue by 327%

In 2021, the revenue of the Canadian publicly listed Hut 8 Mining reached a record CAD 173.8 million (~$137.7 million). This was up 327% from the previous year.

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ForkLog 10 18.03.2022

Bitcoin mining difficulty falls as electricity costs rise

As a result of the latest adjustment to the Bitcoin mining difficulty, the difficulty fell by 0.35% to 27.45 million (T). The positive trend observed since November 2021 came to an end in early March.

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ForkLog 13 17.03.2022

Opinion: American miners will gain market share and bitcoins on their balance sheets

Public mining companies from Canada and the United States are set to grow their combined share of hashrate and the amount of Bitcoin they hold in 2022. Analysts at Arcane Research forecast this.

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ForkLog 3 17.03.2022

Canaan to spend up to $100m on share buyback

The Chinese company Canaan announced a buyback of its shares on the open market. The mining equipment maker will spend up to $100 million on this purpose.

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ForkLog 13 16.03.2022

Bit Digital brings back 39.2% of its mining rigs online after moving from China

The Nasdaq-listed Bit Digital deployed 39.2% of its mining installations in North America a few months after exiting China.

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ForkLog 20 16.03.2022

Mining farm of 150 ASIC miners found in a Bishkek hotel

Authorities in Kyrgyzstan halted the operation of a mining farm found in the basement of a Bishkek hotel.

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