Sichuan To Probe Bitcoin Mining Energy Use

Chinese energy regulators in Sichuan have revealed their plan to obtain information regarding energy use for bitcoin mining from local power companies in the area per a Reuters report. According to the report, the collection of this information may possibly result in “a clampdown in the second-biggest bitcoin production hub.”

This is in line with an earlier decision made by the central government of the Asian country to deal decisively with bitcoin mining and related activities. Different parts of the country have begun uprooting bitcoin mining operations within their localities. The report noted that “Inner Mongolia has expressed readiness to root out the business.”



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