News Snapshot:
Business SHANGHAI (Reuters) – Power regulators in China’s Sichuan province will meet with local power firms to gather information on cryptocurrency mining, an official reported, which could lead to further action on the second Bitcoin production hub. largest in the country. China’s central government last week vowed to crack down on mining and the bitcoin trade, while this week Inner Mongolia, also a major mining center, proposed measures to root out the business. Those measures are accelerating the move of mining activities to North America and Central Asia. An official with the Energy Regulatory Office of the Sichuan National Energy...
