#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 13 20.01.2021

Russian man duped in attempt to buy a mining rig to heat his garage

A resident of Irkutsk Oblast fell victim to scammers while trying to purchase cryptocurrency mining equipment. According to МВД.

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ForkLog 8 20.01.2021

Russian demand for GPUs used for mining rose 70% in December

Yandex.Market specialists recorded a rise in demand for GPUs used for mining cryptocurrencies in Russia. According to their data, at the start of December the number of clicks on listings for their sale rose by almost 70%, Prime writes.

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ForkLog 21 19.01.2021

HIVE acquires 6,400 ASIC miners from Canaan

The Toronto Stock Exchange-listed company HIVE Blockchain Technologies has acquired 6,400 AvalonMiner 1246 miners from the Chinese manufacturer Canaan Creative with delivery through the end of 2021.

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ForkLog 13 19.01.2021

Nvidia weighs mining GPUs as demand rises

Nvidia, the maker of graphics cards and chips, did not rule out resuming the production of GPUs for cryptocurrency mining. This was stated by Executive Vice President and Chief Financial Officer Colette Kress in the company’s blog.

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ForkLog 17 18.01.2021

Media: Rise in cryptocurrencies has led to GPU shortages that are set to persist until mid-2021

Since the end of 2020, the price of graphics cards has risen on average by $100. Available models are snapped up instantly, and high-performance devices have completely disappeared from open sale. The cryptocurrency miners have played a major role in this hype, according to Vedomosti.

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ForkLog 17 18.01.2021

Iran confiscates 45,000 ASIC miners used for Bitcoin mining

Iranian authorities confiscated 45,000 ASIC miners that were illegally connected to the state electricity company Tavanir. CoinDesk reports, citing local media.

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ForkLog 111 15.01.2021

Barry Silbert: Foundry Set to Become the Largest Mining Pool in the United States

Barry Silbert, founder of Digital Currency Group, announced the launch of Foundry's mining pool by its subsidiary in February 2021.

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ForkLog 25 15.01.2021

Coinbase backs Titan, a mining-infrastructure software developer, and launches Asset Hub

The largest American bitcoin exchange Coinbase funded Titan, a mining-infrastructure software developer. The amount of the investment was not disclosed in the press release.

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ForkLog 19 15.01.2021

Galaxy Digital launches new unit focused on Bitcoin mining

Led by Mike Novogratz, Galaxy Digital has opened a new unit focused predominantly on Bitcoin mining, the statement said.

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ForkLog 12 14.01.2021

Pakistan’s Khyber Pakhtunkhwa province to mine Bitcoin with state funds

The authorities of Pakistan's Khyber Pakhtunkhwa province have decided to establish two Bitcoin mining ventures, local media report.

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ForkLog 16 14.01.2021

Media: Bitmain’s main rival to go public

The Chinese miner maker under the Whatsminer brand, MicroBT, plans an initial public offering on the U.S. Nasdaq. According to 8btc, citing its own sources.

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ForkLog 26 13.01.2021

Marathon to raise $250 million for expansion

The Nasdaq-listed mining company Marathon Patent Group will raise $250 million through the sale of 12.5 million shares to buy new cryptocurrency mining equipment, according to a press release.

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