#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 7 10.02.2022

Kazakhstan authorities plan to license cryptocurrency miners

To address electricity shortages and bring shadow miners into the legal sector, Prime Minister Alihan Smailov instructed the development of rules introducing licensing for cryptocurrency mining. The announcement is on the prime minister's website.

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ForkLog 6 09.02.2022

RAKIB Proposes Tax Scheme for Cryptocurrencies and Mining

The Russian Association of Cryptoeconomics, Artificial Intelligence and Blockchain (RAKIB) proposed a scheme for taxing cryptocurrencies and miners.

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ForkLog 14 09.02.2022

Compute North raises $385 million to expand mining infrastructure in the United States

The mining infrastructure solutions provider Compute North attracted $385 million for the development of new data centres in the United States.

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ForkLog 8 09.02.2022

Core Scientific mined more than 1,000 BTC for the second consecutive month

In January 2022, the American blockchain-hosting provider Core Scientific mined 1,077 BTC, up from 1,044 BTC in December. Year-on-year, the increase exceeded 315%.

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ForkLog 7 09.02.2022

Police detain owners of mining farm at a farming cooperative near Penza

In the Penza region, on the grounds of a farming cooperative, a crypto-mining farm was found, whose owners are suspected of large-scale electricity theft.

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ForkLog 7 09.02.2022

Media: State Duma proposes identifying illegal miners by IP and cutting their electricity

The State Duma has sent proposals for regulating cryptocurrency mining to the government. Reports cite the protocol of the Energy Committee meeting.

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ForkLog 7 09.02.2022

Saint Petersburg Customs seize undeclared Bitcoin miner

Inspectors at Saint Petersburg customs seized an ASIC miner en route from China to a resident of Veliky Novgorod without import clearance.

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ForkLog 6 08.02.2022

Illegal electricity consumption for mining worth 3 million rubles detected in Kostroma Oblast

In the Nerekhtsky District of Kostroma Oblast, connections to power grids were identified that bypass metering devices — mining farms operated on the site of abandoned buildings.

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ForkLog 9 08.02.2022

SEC approves Valkyrie’s mining-focused ETF

Asset-management firm Valkyrie Investments has received approval from the SEC to launch an ETF based on the stocks of companies that derive at least 50% of their profits from mining Bitcoin.

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ForkLog 7 08.02.2022

Kazakhstan’s president orders higher taxes on cryptocurrency mining

President of Kazakhstan Kassym-Jomart Tokayev, at a government meeting, ordered higher taxes on cryptocurrency mining and the identification of all mining farms.

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ForkLog 8 07.02.2022

Russian miners divided over State Duma-proposed tax rates

Market participants' views on the proposed tax rates in the State Duma for their activities were divided. Some called them adequate; others believed the rates should be unified.

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ForkLog 6 07.02.2022

Merkle Standard acquires 4,449 Bitcoin miners from Bitmain

The mining company Merkle Standard has reached an agreement with Bitmain to purchase new ASIC miners with liquid cooling. This was reported by CoinDesk.

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