#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 11 20.12.2021

Court sentences former Saratov police officer caught mining

A court in Saratov found a former traffic police officer, who was mining at his workplace, guilty of exceeding official powers.

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ForkLog 42 20.12.2021

72 Bitcoin miners worth $60,000 destroyed in a fire in Thailand

In early December, a Bitcoin mining farm in Chiang Mai province, Thailand, consisting of 72 ASIC miners, burned down.

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ForkLog 10 17.12.2021

China bars video platforms from posting videos about cryptocurrencies and mining

The China Netcasting Services Association (CNSA) banned its members from posting content promoting the trading of cryptocurrencies and mining. The restrictions primarily affect short-video services such as Douyin (the Chinese equivalent of TikTok).

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ForkLog 14 17.12.2021

The ERC-20 ‘Bitcoin’ Standard: An Overview of the 0xBitcoin Project

The gradual transition of Ethereum from proof-of-work to proof-of-stake is forcing miners to seek other ways to earn. One alternative is the 0xBitcoin project.

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ForkLog 10 17.12.2021

Russian demand for mining equipment grows fourteenfold

Russian demand for cryptocurrency mining equipment rose significantly in 2021.

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ForkLog 9 16.12.2021

Sixteen residents of Irkutsk Oblast gave scammers 2.5 million rubles in bid to start mining

Several residents of Irkutsk Oblast fell victim to scammers who duped them when buying equipment for cryptocurrency mining or renting premises for farms. The local МВД reported this.

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ForkLog 15 15.12.2021

Aksakov: mining has no social significance, and the sector does not need state support

Miners do not need sector support, as their activity does not have social significance, said Anatoly Aksakov, head of the State Duma committee on the financial market.

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ForkLog 18 15.12.2021

Duma threatens Bitcoin miners with prison over electricity theft

State Duma deputy Andrei Lugovoy threatened to jail cryptocurrency miners for illegal connections to power grids.

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ForkLog 9 14.12.2021

In Ivanovo Oblast, unknown assailants stole a mining rig valued at 2.5 million rubles

A mining rig belonging to a resident of Kokhma in Ivanovo Oblast was stolen for a regional-record sum.

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ForkLog 20 14.12.2021

Bitcoin miner in Kyiv region suspected of stealing electricity worth 1.1 million hryvnias

Employees of DTEK Kyiv Regional Electric Grids discovered an illegally connected cryptocurrency mining farm in a forest south of Kyiv.

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ForkLog 12 10.12.2021

Media: Oligarch Kolomoyskyi Sets Up Large Mining Farm at Zaporizhstal Ferroalloys Plant

In 2021, the Zaporizhstal Ferroalloys Plant, which is associated with Ukrainian oligarch Ihor Kolomoyskyi, received a large batch of equipment for cryptocurrency mining from Georgia and China. This is reported in the Schemes project investigation.

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ForkLog 12 09.12.2021

Experts forecast a surge in Russia’s energy consumption driven by mining

Due to mining, household electricity consumption in several regions of Russia could rise by 2.5 times this year.

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