#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.

Все материалы Сначала популярные

ForkLog 6 27.11.2020

In Abkhazia, another large batch of miners detained

The Department for Combating Customs Offences and Rapid Response in Abkhazia, in cooperation with law enforcement, detected illegally imported mining rigs.

AI translated

ForkLog 10 25.11.2020

Mining-farm fire in Saint Petersburg residential building.

A fire occurred in one of the residential buildings in Saint Petersburg, caused by a mining farm. Local publication reports this, citing a message from EMERCOM.

AI translated

ForkLog 7 24.11.2020

Another illegal mining farm uncovered in Dagestan; damage exceeds 4 million rubles.

In Dagestan, in one of the residential buildings, an illegal mining farm was discovered, and the damage from its activities exceeded 4 million rubles. This was reported by the local police.

AI translated

ForkLog 11 20.11.2020

Mining equipment demand in Russia up 45%

In Russia, since October 21, demand for cryptocurrency mining equipment has been rising, according to Vesti.Ru, citing analysts from the Avito service.

AI translated

ForkLog 8 19.11.2020

Analysts link Bitcoin rally to miners’ troubles in China

Much of the more-than-two-month rally in Bitcoin’s price is linked to a drop in cryptocurrency sales by Chinese miners, according to analysts at QCP Capital.

AI translated

ForkLog 7 19.11.2020

Opinion: Bitcoin at $300,000 would raise mining difficulty and slow the industry’s development

Recently, Citibank analysts forecast the price of the leading cryptocurrency to reach $318,315 by the end of 2021. The forecast looks more hype than realistic, but if it comes true, it will have a significant impact on the crypto industry. This was stated by BitRiver's Chief Commercial Officer Dmitry Ushakov.

AI translated

ForkLog 21 19.11.2020

Bitcoin miners’ revenue hits year-to-date high

On November 18, miners' daily revenue stood at $21.19 million. This was a record for 2020, according to Blockchain.com.

AI translated

ForkLog 29 18.11.2020

Buyers snap up wholesale pre-orders for the latest ASIC miners ahead of spring 2021

Wholesale pre-orders for the latest Bitcoin mining equipment from leading manufacturers have sold out and will not be available again until spring next year, The Block reports.

AI translated

ForkLog 6 18.11.2020

Abkhazia’s president comments on the mining situation

In some regions of Abkhazia, the load on the power grid allows mining, said Abkhazia's president Aslan Bzhaniya.

AI translated

ForkLog 17 17.11.2020

Poolin launches portal to prepare for Taproot upgrade on the Bitcoin network

Holding 13% of Bitcoin's hashrate, the mining pool Poolin unveiled a portal dedicated to the Taproot upgrade. It will serve as a forum among pools to devise a unified approach to activating the technology.

AI translated

ForkLog 8 17.11.2020

Moscow court orders 98.8 million rubles in damages for illegal mining

The Moscow region-based Electroset proved in court that Innovative Digital Technologies (IDT) stole electricity to power its mining operation, Interfax reports.

AI translated

ForkLog 12 16.11.2020

Abkhazia calls for tough action against miners amid power outages

In Abkhazia, widespread power outages have begun due to electricity shortages. Local parties and organisations criticised miners and urged authorities to 'take tough measures to curb illegal cryptocurrency mining'.

AI translated