#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 22 22.11.2021

Celsius Network to earmark an additional $300 million for Bitcoin mining

Celsius Network will allocate an additional $300 million, in addition to the previously announced $200 million, to Bitcoin mining in the United States. This was stated by the platform's chief executive, Alex Mashinsky, in an interview with The Block.

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ForkLog 26 19.11.2021

Bloomberg: Bitcoin miner PrimeBlock to go public on Nasdaq via SPAC deal

Prime Blockchain (PrimeBlock), a bitcoin mining and infrastructure company, is in talks to merge with SPAC company 10X Capital Venture Acquisition Corp. II. Bloomberg reports, citing sources familiar with the matter.

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ForkLog 10 19.11.2021

Mining equipment theft in the Irkutsk region totalled 76 million rubles in 2021

From the start of 2021, around 250 cases of theft of cryptocurrency mining equipment were registered in the Irkutsk region. The total damage exceeded 76 million rubles.

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ForkLog 31 18.11.2021

Foundry mining pool leads hash rate

On November 18, the Foundry mining pool, run by the American company Foundry, led the hash rate. At one point its share of the Bitcoin network’s total computing power exceeded 21%.

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ForkLog 48 17.11.2021

Laos unveils rules for regulating cryptocurrencies

The Lao government published rules regulating cryptocurrency mining and the operation of digital assets trading platforms. The Laotian Times reports.

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ForkLog 19 16.11.2021

Canaan posts record quarterly revenue from miner sales

In the third quarter of 2021, Canaan's revenue from miner sales reached a record $204.5 million. This was up 708.2% from the same period last year and 21.8% above the second-quarter result.

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ForkLog 44 15.11.2021

Experts discuss the impact of chip shortages on Bitcoin miners

ForkLog spoke to experts about how critical the chip shortage is for the mining sector.

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ForkLog 31 15.11.2021

Marathon to raise $500 million to buy Bitcoin and ASIC hardware

The Nasdaq-listed mining company Marathon Digital Holdings will issue convertible bonds with a face value of $500 million. The proceeds will be used to purchase Bitcoin and mining equipment.

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ForkLog 19 15.11.2021

LDPR deputy says Russian miners are keen to pay taxes

In 2021, Russia will mine bitcoins worth $2 billion, but without a dedicated tax framework the budget will not receive a kopeck. This was stated by LDPR deputy Andrey Lugovoy.

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ForkLog 9 15.11.2021

Chinese official dismissed for collaborating with cryptocurrency miners

A senior official in Jiangxi province has been removed from his post and expelled from the Communist Party for collaborating with cryptocurrency miners.

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ForkLog 13 15.11.2021

Mining farm with 2,500 servers found in Kyrgyzstan

The State Committee for National Security of Kyrgyzstan uncovered a large mining farm camouflaged as a greenhouse.

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ForkLog 17 15.11.2021

Bitcoin mining difficulty rose by 4.69%

Following another adjustment, the mining difficulty of the first cryptocurrency rose by 4.69% to 22.67 trillion hashes (T).

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