Hut 8 | ForkLog

ForkLog 13 12.05.2024

Bitcoin Mining Output Declines in April, Say Miners

In early May, mining companies reported their performance for the previous month. ForkLog compiled the key metrics in one article. Marathon Digital Holdings In April, Marathon Digital Holdings produced 850 BTC — a 21% increase from the same period last year. However, compared to March, the figure decreased by 5%. Data: Marathon Digital Holdings. According […]

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ForkLog 10 07.04.2024

Bitcoin Miners Ramp Up Production Ahead of Halving

In early April, mining companies reported their performance results for the previous month. ForkLog has compiled the key figures in one report. Marathon Digital Holdings In March, Marathon Digital Holdings produced 894 BTC—an increase of 7% compared to the previous month. Data: Marathon Digital Holdings. According to the press release, the hash rate fell by […]

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ForkLog 8 03.04.2024

Hut 8 CEO Dismisses Prospect of New Bankruptcy Wave Among Bitcoin Miners

Hut 8 CEO Asher Genut does not foresee a repeat of 2022’s wave of bankruptcies among mining companies in the near future. He made this statement in an interview with Bloomberg. According to him, the primary financial issues for miners at that time were linked to excessive debt and unpreparedness for rising electricity prices. In […]

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ForkLog 25 06.03.2024

Bitcoin Mining Output Declines in February

In early March, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In February, Marathon Digital Holdings produced 833 BTC — a 23% decrease from the previous month. Data: Marathon Digital Holdings. According to the press release, the hash rate increased by 9% to […]

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ForkLog 10 27.02.2024

Hut 8 to Establish 63 MW Bitcoin Mining Facility in Texas

Mining company Hut 8 has announced the commencement of construction on a bitcoin mining facility in Culberson, Texas, with an anticipated hash rate of 3.6 EH/s. It’s a great day to build, esp. when it’s at a 40% savings over buying turnkey sites! Construction is underway at our newest site in Culberson County, TX: expected […]

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ForkLog 8 09.02.2024

Marathon Digital’s Bitcoin Production Plummets by 42% in January

At the beginning of February, mining companies reported their performance results for the past month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In January, Marathon Digital Holdings produced 1084 BTC — a 42% decrease compared to the previous month. Source: Marathon Digital Holdings. According to the press release, the hash rate […]

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ForkLog 8 08.01.2024

Marathon Mines Record 1853 BTC in December

At the beginning of January, mining companies reported their performance for the previous month. ForkLog compiled the key figures in one article. Marathon Digital Holdings In December 2023, Marathon Digital Holdings mined a record number of coins — 1853 BTC. For the entire year, the figure amounted to 12,852 BTC. Source: Marathon Digital Holdings. According […]

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ForkLog 8 11.12.2023

Marathon trims mining output in November, and Riot Platforms mined 552 BTC

In early December, mining companies reported results for the past month.

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ForkLog 6 01.12.2023

Hut 8 completes merger with USBTC

Hut 8 Mining announced the completion of the merger with mining company US Bitcoin (USBTC).

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ForkLog 24 15.11.2023

Riot Platforms Sold 440 BTC in October, while Bit Digital Trimmed Production by 14%

ForkLog has compiled the main mining-company metrics for the month in one piece.

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ForkLog 7 10.11.2023

SEC approves Hut 8’s merger with US Bitcoin

Hut 8 Mining disclosed updated information about the merger with the mining company US Bitcoin.

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ForkLog 5 18.09.2023

Hut 8 secures final court approval to merge with US Bitcoin

The Supreme Court of British Columbia granted Hut 8 Mining the final order necessary for the merger with the mining company US Bitcoin (USBTC).

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