#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 16 03.07.2023

Hut 8 Mining reports growth in the high-performance computing sector

Hut 8 Mining announced new contracts for high-performance computing services, including the artificial intelligence (AI) industry.

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ForkLog 9 29.06.2023

Bitcoin mining difficulty fell by 3.26%

Bitcoin mining difficulty fell by 3.26%. For the first time since May, the metric posted negative momentum

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ForkLog 50 29.06.2023

In Russia, 15,000 ASIC miners were hijacked under the guise of an offer from RusHydro

Fraudsters posing as RusHydro employees are sending miners commercial offers to install equipment at several hydroelectric plants.

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ForkLog 21 28.06.2023

Miners sent over $1 billion in Bitcoin to exchanges.

Since June 15, miners have sent 33,860 BTC to cryptocurrency exchanges for a total value exceeding $1 billion.

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ForkLog 12 27.06.2023

Bitcoin miners send record $128 million to crypto exchanges

Bitcoin miners sent $128 million in cryptocurrency to exchanges. The figure is equivalent to about 315% of their daily mining and marks an all-time high, according to Glassnode analysts.

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ForkLog 24 27.06.2023

Riot Platforms to buy Bitcoin miners from MicroBT for $162.9 million

Riot Platforms, a mining company, has signed an agreement with MicroBT to purchase 33,280 Bitcoin mining rigs with a total hashrate of 7.6 EH/s.

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ForkLog 18 26.06.2023

Coinbase extends $50m credit line to Hut 8

The mining company Hut 8 Mining agreed with Coinbase to open a $50 million line of credit secured by bitcoins.

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ForkLog 8 23.06.2023

Brooklyn bathhouse reveals use of heat from Bitcoin mining

The Bathhouse in Brooklyn (New York) admitted using heat from mining rigs to heat pool water. Customers reacted to the decision with mixed reactions.

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ForkLog 16 21.06.2023

CleanSpark to buy two bitcoin mining campuses for $9.3 million

American mining company CleanSpark has entered into a definitive agreement to acquire two bitcoin mining facilities in Dalton, Georgia, for $9.3 million.

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ForkLog 16 21.06.2023

Bitcoin miner Iris Energy to boost hash rate to 9.1 EH/s

Bitcoin miner Iris Energy announced plans to raise its own Bitcoin hash rate to 9.1 EH/s by early 2024.

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ForkLog 6 19.06.2023

Illegal crypto-mining farm dismantled in Ukraine

The leadership of the Lviv branch of the state-owned enterprise 'Forests of Ukraine' was suspected of running an underground mining farm.

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ForkLog 31 16.06.2023

Bitdeer: Jihan Wu mined 283 BTC in May

In May 2023, the Bitdeer mining services provider mined 283 BTC. The company's hash rate remained at 18 EH/s, according to a press release.

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