#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 9 22.02.2022

Malaysian authorities confiscated mining equipment worth $12.9 million in 2021

Illegal mining in Malaysia surged in 2021, with the value of confiscated cryptocurrency-mining equipment totaling $12.9 million. This was announced by the head of the Criminal Investigation Department (CID), Dato' Seri Abdul Jalil Hassan, according to Malay Mail.

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ForkLog 23 22.02.2022

Miners pull about 30% of equipment out of Kazakhstan

Legal operators in Kazakhstan’s mining market have relocated about 30% of the equipment located there. ForkLog quoted Alan Dordzhiev, head of the National Association of Blockchain and Data-Center Industry of Kazakhstan.

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ForkLog 19 21.02.2022

BitRiver becomes Russia’s first crypto mining company with net-zero greenhouse gas emissions

BitRiver, the Russian operator of mining data centers, has successfully verified the report for the second half of 2021 on net-zero greenhouse gas emissions.

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ForkLog 36 21.02.2022

Intel unveils Bitcoin-ASIC miner built on its own Bonanza Mine chip

Intel has demonstrated a Bitcoin mining ASIC and a device based on it at the ISSCC conference. WikiChip Fuse reports.

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ForkLog 11 21.02.2022

Chinese customs seize 49 smuggled Bitcoin miners

Huangpu Customs in Guangdong province, PRC, said it had seized 49 Bitcoin miners no longer in operation. They were being transported across the border with false information in export documents, local media report.

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ForkLog 26 21.02.2022

In Kazakhstan, authorities shut down 13 illegal mining farms during raids

During inspections, Kazakh authorities identified and shut down 13 illegal mining farms.

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ForkLog 13 18.02.2022

Russian Finance Ministry will temporarily abandon a special taxation regime for miners

The Russian Ministry of Finance will not focus on a special tax regime for miners in the first version of the bill regulating their activities.

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ForkLog 27 18.02.2022

BIT Mining Limited abandons plans to build a data centre in Kazakhstan

BIT Mining Limited has abandoned plans to build a data centre for cryptocurrency mining in Kazakhstan due to power-supply problems in the country, according to the company\'s documents.

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ForkLog 10 18.02.2022

Illinois lawmakers propose tax incentives for miners

In Illinois, the state Senate introduced a bill proposing to expand the tax-incentive program for data centers involved in mining bitcoin and other cryptocurrencies.

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ForkLog 27 18.02.2022

Bitcoin mining difficulty hits a new high after a near-5% rise

As a result of another difficulty adjustment, Bitcoin mining difficulty rose by 4.78% and reached a new all-time high of 26.97 trillion hashes (T).

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ForkLog 24 17.02.2022

ConocoPhillips to cut greenhouse gas emissions through Bitcoin mining

The American oil company ConocoPhillips is selling associated gas at the Bakken field in North Dakota to Bitcoin miners, CNBC reports.

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ForkLog 21 17.02.2022

Nvidia CMP chip sales fall 77% in Q4

In the fourth quarter of fiscal 2022, Nvidia's revenue from selling cryptocurrency mining processors (CMP) fell to $24 million. This is 77% below the $105 million in the prior period, according to the SEC filing.

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