China’s Inner Mongolia To Close Down All Local Crypto Mining Facilities To Reduce Energy Consumption


Source: cryptonewspoint.com cryptonewspoint.com

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China’s Inner Mongolia To Close Down All Local Crypto Mining Facilities To Reduce Energy Consumption March 2, 2021 China’s Inner Mongolia To Close Down All Local Crypto Mining Facilities To Reduce Energy Consumption March 2, 2021 China’s Inner Mongolia has decided to close down all local cryptocurrency mining facilities to reduce energy consumption in the region. It has been reported that the Inner Mongolia National Development and Reform Commission (NDRC) released an official proposal to shut down local crypto mining operations in line with its energy-saving rules. However, the draft proposal suggests “comprehensively clean up and shut down virtual currency...