#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 12 15.07.2022

CleanSpark buys more than 1,000 Bitcoin miners amid market downturn

The mining company CleanSpark acquired 1061 Whatsminer M30S units. The equipment, with a total hash rate of about 93 PH/s, is already mining cryptocurrency at the Coinmint hosting facility.

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ForkLog 16 12.07.2022

Glassnode: Bitcoin market has not yet formed a firm bottom

The Bitcoin bear market has entered its final stage, with signs of deep capitulation, but signals of a bottom approaching have not yet formed. Glassnode analysts reached this conclusion.

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ForkLog 17 12.07.2022

Greenidge Generation increases Bitcoin mining by 18%

In June, the American mining company Greenidge Generation Holdings mined about 230 BTC. This is roughly 18% higher than in the previous month.

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ForkLog 17 12.07.2022

Bitcoin miners pause operations in Texas

Bitcoin miners paused operations in Texas amid heatwave-driven peak electricity demand, Bloomberg reports.

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ForkLog 26 11.07.2022

Kazakhstan’s president signs law setting mining tax rates

The president of Kazakhstan, Kassym-Jomart Tokayev, signed a law providing for differentiated tax rates on mining.

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ForkLog 20 08.07.2022

Marathon cuts Bitcoin mining by 44%

In the second quarter of 2022, Marathon Digital Holdings mined 707 BTC — down 43.8% from the {{AOPEN_1}}first three months{{ACLOSE_1}} of the year.

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ForkLog 18 08.07.2022

Bitcoin mining difficulty falls 1.41%

As a result of the latest difficulty adjustment, Bitcoin mining difficulty fell by 1.41% to 29.15 T. The negative momentum continued for a second week in a row.

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ForkLog 22 08.07.2022

Compass Mining to cut 15% of workforce and reduce executive pay

Bitcoin mining equipment and services provider Compass Mining announced it would lay off 15% of staff and cut costs.

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ForkLog 10 07.07.2022

Argo Blockchain boosts bitcoin production by 44% in June

In June, the British mining company Argo Blockchain mined 179 BTC, up from 124 BTC a month earlier (growth of more than 44%). The press release states.

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ForkLog 12 06.07.2022

Hut 8 Mining’s reserves exceed 7,406 BTC

For June 2022, the Canadian mining company Hut 8 Mining amassed 7,406 BTC ($148.1 million at the current rate). The press release states.

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ForkLog 18 06.07.2022

Bitcoin miners’ revenue falls 26% in June

In June, Bitcoin miners earned a total of $668 million in revenue. The figure fell by 26% from the previous month, according to ForkLog report.

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ForkLog 21 05.07.2022

Bitmain announces start of sales for Ethereum miner Antminer E9

Bitmain announced the start of sales for the Ethereum miner Antminer E9, designed to mine the second-largest cryptocurrency by market capitalization.

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