#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 9 04.09.2020

Dagestani miner suspected of stealing electricity worth 1.3 million rubles

Staff from Rosseti North Caucasus identified electricity theft by a mining farm in Dagestan, the company’s press service said.

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ForkLog 18 03.09.2020

Russia’s finance ministry proposes banning miners from receiving bitcoins

The Finance Ministry's amendments to the Law On Digital Financial Assets (DFA) ban miners from receiving cryptocurrency.

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ForkLog 14 02.09.2020

Layer1 mining company earns 700% profit from reselling electricity

The American mining company Layer1 resold electricity at a markup eight times the purchase price. Bloomberg reports on the interaction of a major user with the power grid.

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ForkLog 23 02.09.2020

Ethereum miners post record daily transaction fees

On Tuesday, September 1, Ethereum miners' revenues from transaction fees reached a record $17 million in a day. Volumes are rising amid the growing popularity of the decentralized finance market, The Block reports.

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ForkLog 20 02.09.2020

Kazakhstan discussed $700 million in cryptocurrency mining investments

The government of Kazakhstan has reached preliminary agreements to attract investments totaling 300 billion tenge (over $700 million) in the cryptocurrency mining sector. Reuters reports citing a statement by Digital Development Minister Bagdat Musin.

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ForkLog 10 02.09.2020

Bank of Russia rejects launch of the RAKIB mining pool.

The Bank of Russia has deemed the launch of the National Mining Pool, developed by the Association of Developers and Users of Blockchain Technology (RAKIB), impractical. RBC reports, citing association representatives.

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ForkLog 145 01.09.2020

Researcher uncovers how Satoshi Nakamoto mined his first million bitcoins.

Sergio Lerner, head of the innovation department at IOV Labs and developer of the RSK platform, explained how Bitcoin's creator, Satoshi Nakamoto, mined his first million bitcoins. The study found that the miner could have used a multithreaded hashing method not included in the earliest version of the client.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 25 01.09.2020

Malaysian authorities detain miners on suspicion of electricity theft worth $600,000

Authorities in Malaysia's Johor state detained miners suspected of a major electricity theft. The Star, a local news portal, reports this.

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ForkLog 23 01.09.2020

Canaan Creative narrows Q2 losses to $2.4 million

Canaan Creative's net loss narrowed to $2.38 million, according to the company's Q2 2020 earnings report.

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ForkLog 11 31.08.2020

Opinion: Data-centre accountability to Roskomnadzor is an excessive and dangerous demand

The Ministry of Digital Development, Communications and Mass Media published a new draft bill obliging data-centre operators to transmit information about their equipment to Roskomnadzor.

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ForkLog 37 29.08.2020

Equinor Energy to channel associated gas from the Bakken oil field to Bitcoin mining

Norwegian energy company Equinor Energy will channel the associated gas produced at the Bakken field in the United States to generate electricity and power Bitcoin mining. The arrangement is provided by Crusoe Energy Solutions, according to Arcane Research.

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ForkLog 10 28.08.2020

Bitcoin holdings on miners’ wallets reach two-year high

The amount of bitcoins held in miners' wallets has reached 1.82 million BTC. According to Glassnode, this is the highest level in the past two years.

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