#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 28.01.2021

Blockstream buys $25 million worth of WhatsMiner Bitcoin miners from MicroBT

Blockstream has purchased $25 million worth of WhatsMiner Bitcoin miners from the Shenzhen-based MicroBT.

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ForkLog 9 27.01.2021

Abkhazia’s authorities propose criminal liability for illegal mining

Abkhazia's President Aslan Bzhaniya has sent to parliament a package of bills tightening penalties for illegal connection of mining farms. The president's press service said.

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ForkLog 14 27.01.2021

Tatneft sees cryptocurrency mining at its facilities as a promising venture

The Russian oil company Tatneft has shown interest in the prospect of earning additional profit from cryptocurrency mining. The corresponding project won at a youth forum organized by the company, the corporate newspaper 'Oil News' reports.

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ForkLog 19 27.01.2021

Bitcoin-mining centre at a Ukrainian NPP to cost 9 million hryvnias

"Kyiv Energy Construction Company" won the tender to build a data centre at the Rivne Nuclear Power Plant for 8.92 million hryvnias. The ProZorro public procurement site reports.

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ForkLog 29 26.01.2021

The9 buys 26,007 ASIC miners. Shares jump 20%.

The Nasdaq-listed The9 Ltd bought 26,007 miners to mine Bitcoin, according to the press release.

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ForkLog 13 26.01.2021

Miner installs mining rig in BMW sports car to ‘annoy gamers’

An American resident, Simon Bern, created a miniature mining rig from six Nvidia RTX 3080 graphics cards and placed it in the trunk of a BMW i8 hybrid sports car. HardwareTimes reports.

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ForkLog 13 25.01.2021

In Abkhazia, mass raids target mining farms.

The Abkhazian Ministry of Internal Affairs reported conducting several raids to curb illegal electricity consumption by miners. Over the 24-hour period, authorities cut power to equipment totalling around 25 MW.

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ForkLog 21 22.01.2021

Hut 8 takes out $11.8 million loan at 16.5% to buy Bitcoin miners

Canadian mining firm Hut 8 said it had completed securing a loan to finance equipment purchases of $11.8 million from Foundry, the Digital Currency Group (DCG) subsidiary led by Barry Silbert.

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ForkLog 7 22.01.2021

Investor files class-action suit against Bit Digital

A class-action lawsuit has been filed in the Southern District of New York against the Nasdaq-listed mining company Bit Digital. Investor Anthony Powell accused the defendant of making misleading statements and causing substantial financial damage.

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ForkLog 9 22.01.2021

Missoula County to set permanent zoning for cryptocurrency mining

Missoula County Planning Council in Montana held the first public hearings on permanent zoning for cryptocurrency mining operations, according to local news agency KPAX.

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ForkLog 10 21.01.2021

Equipment worth 1 million rubles stolen from mining farm in the Urals

In the Chelyabinsk region, investigators are examining the theft of equipment from a mining farm set up by local residents.

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ForkLog 24 20.01.2021

Rosseti North Caucasus reports 230 million rubles in losses from miners

For 2019–2020, Rosseti North Caucasus identified 35 cases of illegal electricity consumption by miners.

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