In 1826, Ugolnaya Bay, upon which Beringovsky stands, was first entered by the Russian sloopSenyavin commanded by Fyodor Litkeon a mission to map and explore the coast of the Bering Sea. In 1886, an expedition led by Captain A. A. Ostolopov on the clipper Strelok discovered thick layers of coal here. This coal was later used to power the visiting vessels and is the reason why the bay is so named. Geological studies for industrial development of this field began in 1933–1934 by the All-Union Arctic Institute, followed by and exploratory expedition by the Chief Directorate of the Northern Sea Route. Following the discovery of coal, the first settlement was established here to serve the new Bukhtugol mine. In April 1957, Beringovsky District was created within Chukotka National Okrug with the administrative center in the settlement of Ugolny. Due to the establishment of Beringovsky District, Ugolny was renamed Beringovsky in 1966. In 1975, the settlement was moved to a place called Nagorny, which was then renamed Beringovsky to provide continuity for the administrative center. In the late 1990s, Beringovsky had a population of around 3,000 when all heating, water and electricity failed, creating an extremely serious situation in such a remote location. This problem was then further exacerbated by then-Governor Nazarov banning all outside reporters and researchers, both from Moscow and abroad from visiting the area as well as censoring outgoing mail and telegrams from the community. Following this incident, sources report that by 2002, under a program of resettlement designed by Roman Abramovich and run by Regionstroy—a private company established by the Okrug administration—nearly the whole of the population of Beringovsky had been resettled by late 2002. However, this does not seem to tally with the official census results for 2002. Thompson estimates the population of Beringovsky in the late 1990s as being around 3,000; however, 2002 Census results give a population of just under 2,000. Further confusion is added as Thompson specifically refers to Beringovsky as being "in the process of official liquidation". However, to date Beringovsky has neither been liquidated nor is it in the process of liquidation and is included in all the relevant legal documentation as an extant settlement on both municipal and administrative levels.
The economy of the settlement has traditionally been dominated by coal mining and the majority of the current residents are involved either in the mining itself or the administrative side of the mining business. As a result of this, the indigenous proportion of the population is comparatively low compared to other settlements in the autonomous okrug, numbering around 350 as of 2006.
Transportation
Beringovsky has got the. There is a sea port at Beringovsky, mainly used for the coal mined. Beringovsky is not connected to any other inhabited locality by permanent roads.
Demographics
Culture
Like Uelen to the northeast, Beringovsky is well known as being a center for indigenous art, particularly whale bone carving. The Bering dialect of the Aleut language is not directly connected with this settlement, though both the dialect's and the settlement's name are derived from Vitus Bering.