News Snapshot:
China’s Inner Mongolia Might Push Bitcoin Miners Towards Greener Energy By Share Source: Adobe/Андрей Трубицын The Chinese Inner Mongolia Autonomous Region (IMAR) – a hub of crypto mining activity, particularly Bitcoin (BTC) mining – could be set to enact a shutdown of the industry, ordering all operators to close up shop as early as next month, and possibly pushing them to greener sources of energy. Per an official announcement, a new set of energy requirements is now in a consultation period, which will run until March 3. The measures are a response to clean energy commitments and internationally agreed carbon...
