Bitcoin mining facilities, such as this one in Inner Mongolia, consume large amounts of computing power and electricity. Photo: Bloomberg
Bitcoin mining facilities, such as this one in Inner Mongolia, consume large amounts of computing power and electricity. Photo: Bloomberg
Bitcoin

China’s bitcoin mining crackdown reaches northern province surrounding Beijing

  • The cyberspace watchdog of Hebei province announces a clampdown on cryptocurrency mining and trading
  • Chinese authorities have intensified their scrutiny into cryptocurrency mining this year, after the country vowed to reach carbon neutrality by 2060

Topic |   Bitcoin
Bitcoin mining facilities, such as this one in Inner Mongolia, consume large amounts of computing power and electricity. Photo: Bloomberg
Bitcoin mining facilities, such as this one in Inner Mongolia, consume large amounts of computing power and electricity. Photo: Bloomberg
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