Sichuan is gauging bitcoin mining ban’s impact on hydro-electricity usage


Source: otcpm24.com otcpm24.com

Key Topics in this News Article:

News Snapshot:

0 Government officials of Sichuan’s energy regulators are hosting a seminar next week to gauge the impact that shutting down local bitcoin mining activities would have had on the hydro-electricity excess this year. The Sichuan energy regulatory office under China’s National Energy Administration sent a meeting summon on May 25 to representatives in various state-owned energy entities such as the State Grid’s Sichuan office, the Sichuan Energy Industry Investment Group and the Energy Trading Center. Based on the seminar summon seen and verified by The Block, the meeting is set to happen on June 2 in Chengdu, the capital city...