Other Chinese provinces have banned bitcoin mining


Source: archyworldys.com archyworldys.com

Key Topics in this News Article:

News Snapshot:

In addition to high electricity consumption, China is worried about speculation. June 12, 2021 at 6:19 PM TASR SHANGHAI. China continues to take action against cryptocurrencies. Other provinces have banned the extraction of cryptocurrencies. The article continues under the video ad Local media reported on Saturday that the campaign against the misuse of electricity by bitcoin miners had already reached the southwestern province of Yunnan. Already on Friday, there were reports that the northwestern province of Qinghai and the neighboring Uyghur Autonomous Region of Xinjiang had ordered the closure of cryptocurrency mining projects this week. Local governments are gradually implementing...