#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 21 03.12.2021

Miners begin leaving Kazakhstan amid power-supply problems

BitFuFu, a mining company, shut down devices located in Kazakhstan due to power-supply problems in the country and began relocating equipment to the United States. Other industry players have decided on this step as well.

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ForkLog 10 03.12.2021

Ethereum hash rate hits record high in November

On November 12, the Ethereum network hash rate (seven-day smoothed moving average) reached a record high of 818.39 TH/s. This occurred shortly after ETH crossed{{AOPEN_1}} the $4700 level{{ACLOSE_1}}, according to ForkLog{{AOPEN_2}} analytical{{ACLOSE_2}} report.

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ForkLog 26 03.12.2021

TeraWulf raises $200 million through debt and equity financing

TeraWulf, which focuses on renewable energy, raised $200 million through debt and equity financing. By the summer of 2022 the mining company intends to boost its Bitcoin hash rate to 6 EH/s.

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ForkLog 15 02.12.2021

VanEck files for mining-company shares ETF launch

The asset-management firm VanEck has filed with the SEC for the launch of an ETF focused on mining company shares.

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ForkLog 25 02.12.2021

Marathon to host more than 100,000 Bitcoin miners at Compute North facilities

The Nasdaq-listed Marathon Digital Holdings has expanded its agreement with infrastructure provider Compute North to house more than 100,000 Bitcoin mining devices.

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ForkLog 9 02.12.2021

Dagestan Shuts Down Another Bitcoin Mining Farm

In Dagestan's Botlikhsky District, police uncovered an illegally connected to the power grid cryptocurrency mining farm.

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ForkLog 9 01.12.2021

Saratov traffic police officer admits to mining at work

Investigators in Saratov have completed the investigation into a criminal case against a former police officer accused of abuse of power, according to the Investigative Committee's Saratov region department.

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ForkLog 15 01.12.2021

Hashrate of Innosilicon’s first Ethereum miner batch trimmed by 25%

The Chinese manufacturer Innosilicon began deliveries of the A11 Pro ASIC miner for Ethereum mining, but reduced its announced hashrate by 25%.

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ForkLog 6 01.12.2021

Illegally connected Moscow mining farm consumed electricity worth 500,000 rubles a day

Moscow law enforcement, together with customs officers, uncovered electricity theft at the Rosseti company for cryptocurrency mining. The disclosure was made by Ekaterina Korotkova, a representative of the Moscow Interregional Transport Prosecutor's Office.

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ForkLog 26 01.12.2021

Mining company GRIID to go public via SPAC merger

The American mining company GRIID will go public on the New York Stock Exchange via a merger with SPAC Adit EdTech Acquisition Corp. The value of the combined firm was estimated at $3.3 billion, according to the press release.

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ForkLog 16 30.11.2021

Ministry of Energy rules out applying a preferential tariff to Bitcoin miners

Mining is not a domestic need, so electricity consumed for it should not be charged at the subsidised tariff for households, the Energy Ministry said.

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ForkLog 6 30.11.2021

Opinion: Decline in mining-company shares opens buying opportunities

Investors view public mining companies as a proxy for exposure to the leading cryptocurrencies. The recent sell-off in their shares has created buying opportunities, CoinDesk reports, citing DA Davidson analyst Christopher Brendler.

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