#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 10 13.01.2021

Office building in St. Petersburg catches fire due to cryptocurrency mining equipment

On January 12, at 5 p.m., EMERCOM of Saint Petersburg received a report of a fire in an office building on Akademika Pavlova Street. According to witnesses, the blaze could have been caused by cryptocurrency mining equipment.

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ForkLog 9 12.01.2021

Bit Digital, which pivoted to mining, accused of deceiving investors

Nasdaq-listed mining company Bit Digital is suspected of violating securities laws and may have misled investors about its activities. This was reported by American law firm Hagens Berman.

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ForkLog 10 12.01.2021

Kentucky lawmakers propose tax exemptions for bitcoin miners

Representatives of the Kentucky House of Representatives introduced a bill offering tax breaks for bitcoin miners. It is designed to boost the state's appeal for commercial cryptocurrency mining.

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ForkLog 16 11.01.2021

Chinese online lottery provider 500.com to buy Bitcoin miners for $14.4 million

The NYSE-listed online lottery services provider in China, 500.com Limited, has signed an agreement to purchase Bitcoin mining equipment. The deal is worth $14.4 million, according to a release.

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ForkLog 12 11.01.2021

Former top executives of Kalmykia enterprises charged with illegal cryptocurrency mining

The Kalmykia Prosecutor's Office has approved charges against the former CEO of 'Zavod ZhBI — Konstruktsii' and the former director of the company 'DSK' for illegal cryptocurrency mining in production facilities. According to the agency's press service.

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ForkLog 13 09.01.2021

Bitcoin mining difficulty hits a new record as miner revenues rise and equipment shortages bite

Bitcoin mining difficulty rose by 10.79% after the latest adjustment, reaching a new record at 20.61 T.

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ForkLog 19 09.01.2021

Canaan unveils immersion-cooled Bitcoin miner

One of the oldest ASIC hardware manufacturers, Canaan Creative, has unveiled an immersion-cooled miner—the Avalon A1066I.

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ForkLog 20 07.01.2021

Iran shuts down 1,620 illegal mining farms

Iranian authorities closed 1,620 illegal cryptocurrency mining centers, which together consumed 250 MW of capacity, according to Financial Tribune.

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ForkLog 21 06.01.2021

The9 to enter mining industry as shares jump 140%

Nasdaq-listed The9 Ltd said it would enter the cryptocurrency mining industry. Within two days of the announcement, the Chinese internet company's shares jumped 140%.

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ForkLog 21 03.01.2021

Ecologists Comment on Gazprom Neft’s Associated Petroleum Gas Mining Project

Scientists, entrepreneurs and miners provided ForkLog with exclusive comments on Gazprom Neft's pilot project for mining on associated petroleum gas (APG).

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ForkLog 20 30.12.2020

MicroBT opens service centre for ASIC miners in Kazakhstan

Chinese miner manufacturer MicroBT has opened a service centre for CIS residents at Enegix's largest data centre in Ekibastuz, Kazakhstan.

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ForkLog 26 30.12.2020

American builds mining farm with 78 GPUs, yielding $128,000 a year

An Ethereum mining farm in the United States, consisting of 78 GeForce RTX 3080 cards from PNY, has been found. According to TechARP, it yields $128,088 per year to the owner.

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