#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 23 15.10.2020

BitCluster opens mining centre on NorNickel site

The Russian industrial mining operator BitCluster opened a large data centre on the site of the closed NorNickel plant in Norilsk.

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ForkLog 18 08.10.2020

Experts criticise miner-focused amendments to Ukraine’s energy legislation

Lawmakers are weighing a reduction in electricity costs for mining centers, but experts say a 100 MW minimum capacity makes the project unattractive.

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ForkLog 21 08.10.2020

Bitcoin hash rate hits record high

The Bitcoin network's hash rate has reached 170 EH/s on the hourly chart of the 24-hour moving average, according to Glassnode analysts.

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ForkLog 23 07.10.2020

Riot Blockchain buys new batch of Antminer units for $6.1m

The American mining company Riot Blockchain announced the purchase from Bitmain of an additional 2,500 Antminer S19 Pro units for $6.1 million. Delivery is scheduled for December this year. The funds for the purchase are drawn from the company's working capital. Along with the new batch, Riot Blockchain expects to deploy 9,450 new devices by year-end and increase the hash rate to 842 PH/s. This ...

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ForkLog 18 07.10.2020

Galaxy Digital to create a single-window financial-services hub for Bitcoin miners

Led by Mike Novogratz, Galaxy Digital plans to enter one of the most important sectors of the entire cryptocurrency industry and begin offering financial services to Bitcoin miners.

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ForkLog 10 06.10.2020

Ethereum hash rate hits all-time high

The total hashing power of the Ethereum network reached a fresh all-time high, topping 250 TH/s. Data from Glassnode.

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ForkLog 19 06.10.2020

Schwab, Fidelity and Vanguard diversify portfolios with mining stocks

The American financial giant Charles Schwab has begun purchasing shares of Riot Blockchain, the Nasdaq-listed mining company. Vanguard's investment funds and Fidelity are diversifying their portfolios in a similar fashion, according to CoinDesk.

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ForkLog 16 05.10.2020

Study finds that 76% of miners use renewable energy sources

According to a survey conducted by the Cambridge Centre for Alternative Finance (CCAF) at the University of Cambridge, 76% of cryptocurrency miners using the PoW consensus algorithm rely on renewable energy resources, but 'green electricity' accounts for only 39% of total consumption.

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ForkLog 6 04.10.2020

Bitcoin mining difficulty remains at its all-time high

As a result of the latest adjustment, Bitcoin mining difficulty fell by a minimal 0.09%, dropping to 19.30 trillion hashes.

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ForkLog 25 03.10.2020

Bitcoin mining revenues fall 11% in September.

Bitcoin miners earned $328m in September, down 11% from August, according to CoinDesk.

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ForkLog 10 01.10.2020

Analyst suspects Ethereum miners of manipulating block contents

Development of decentralised finance could push Ethereum miners toward dishonest play. An analyst and cryptocurrency researcher using the pseudonym Frank Topbottom noticed suspicious arrangement of transactions in blocks.

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ForkLog 9 01.10.2020

September fee revenue for Ethereum miners surpassed block rewards

Last month transaction processing fees brought Ethereum miners a higher income than rewards for mined blocks. This happened for the first time in the history of the cryptocurrency, according to The Block.

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