Cryptocurrency Mining | ForkLog

ForkLog 18 17.07.2025

French Lawmakers Propose Bitcoin Mining Experiment

A group of French parliamentarians has proposed a five-year pilot project to use surplus electricity for mining the leading cryptocurrency. This is outlined in a bill dated July 11.

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ForkLog 25 12.07.2025

Bitcoin Mining Difficulty Rises Nearly 8%

On July 12, following the latest recalculation, the difficulty of mining the leading cryptocurrency increased by 7.96% to 126.27 T. Source: CloverPool. The figure approached the historical peak recorded in May of 126.98 T. Following the difficulty adjustment, the average network hash rate fell to 797 EH/s, and the block interval exceeded 11 minutes. According […]

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ForkLog 53 11.07.2025

KULR Deploys Over 3,500 Miners in Paraguay

KULR Technology Group has deployed 3,570 S19 XP miners from Bitmain at facilities in Asunción, Paraguay, according to a press release. The firm has increased its equipment capacity to 750 PH/s and aims to reach 1.25 EH/s by the end of summer. Companies like CleanSpark, Marathon Digital Holdings, and Bitfarms have hash rates ranging from […]

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ForkLog 53 10.07.2025

BIT Mining Shifts Focus to Solana Ecosystem

The mining company BIT Mining announced a strategic shift to the Solana ecosystem. The firm plans to raise between $200 million and $300 million and convert all its crypto assets into SOL. The company intends to adhere to a long-term holding strategy. BIT Mining will also launch validator nodes on the Solana network to earn […]

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ForkLog 32 08.07.2025

Cryptocurrency Turnover in Russia Halves

As of June 29, the average daily turnover of cryptocurrencies in the Russian market stands at $66.7 billion, compared to $140.2 billion at the beginning of 2025, marking a significant decrease. This information is reported by Vedomosti, citing trading data. Meanwhile, the industry’s capitalization shows positive dynamics despite price corrections. In 2024, it grew by […]

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ForkLog 87 07.07.2025

CoreWeave to Acquire Bitcoin Miner Core Scientific for $9 Billion

AI hyperscaler CoreWeave has signed a definitive agreement to purchase the American mining company Core Scientific, valuing it at $9 billion. Today is an exciting day for CoreWeave! We just announced an agreement to acquire @Core_Scientific, solidifying our position as the leading AI Cloud Platform—purpose-built to deliver unmatched performance and expertise for the AI era. […]

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ForkLog 75 04.07.2025

Solo Miner Strikes Bitcoin Block Amidst Decline of Major Players

On July 4, a solo miner successfully mined block #903,883 on the Bitcoin network, earning a reward of 3.173 BTC ($348,948). Data: mempool.space. The participant used the CKpool platform, mining coins with equipment boasting a hash rate of 2.3 PH/s. CKPool administrator Con Kolivas congratulated the miner, explaining that the odds of such an event […]

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ForkLog 42 03.07.2025

Tether and Adecoagro to Launch Bitcoin Mining in Brazil

The stablecoin issuer Tether and the South American agribusiness Adecoagro have agreed to collaborate on mining the leading cryptocurrency. The companies have signed a memorandum of understanding. As part of the project, the partners will explore the use of renewable energy sources for bitcoin mining. Adecoagro owns generating capacities of 230 MW in South America. […]

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ForkLog 193 02.07.2025

Ethiopian Authorities to Raise Energy Tariffs Amid Mining Boom

Demand for electricity from data centers for cryptocurrency mining in Ethiopia is expected to reach 30% of the country’s total consumption by 2025, amounting to 8 TWh. This is according to a report by the relevant ministry. Amid growing demand from miners, authorities have planned a tariff reform. Over the next four years, electricity prices […]

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ForkLog 17 30.06.2025

Bitcoin Miners in St. Petersburg Cause 8 Million Rubles in Damages

The police in St. Petersburg discovered 58 illegally connected ASIC miners at a local enterprise’s substation. The mining farm occupied several hundred square meters. Upon inspection, it was found that electricity was being used for the entire facility, including the mining equipment and ventilation system, bypassing metering devices. Energy company representatives have drawn up the […]

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ForkLog 66 29.06.2025

Bitcoin Mining Difficulty Drops by 7.48%

On June 29, following the latest recalibration, the mining difficulty of the leading cryptocurrency adjusted by 7.48% to 116.96 T. Data: CloverPool. This marks the second consecutive decline, with the current drop being the most significant in recent years. According to Glassnode, the hash rate (7 DMA) plummeted to 799 EH/s from near-record levels. Data: […]

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ForkLog 46 26.06.2025

Satoshi-Era Miners Cease Bitcoin Sales

Miners of the first cryptocurrency have increased their reserves by 4000 BTC since April, despite declining revenues. Simultaneously, participants from the “Satoshi era” have shifted to accumulation, according to a report by CryptoQuant. Analysts noted that miners’ daily revenue has fallen to $34 million — the lowest level since April 20, 2025. The reason is […]

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