News Snapshot:
Chinese Authorities Order Sichuan-based Crypto Miners to Shut Down Operations 2021-06-20 On Friday, June 18, Chinese authorities intensified their crackdown on crypto mining activities in the Southwestern Sichuan province. The authorities issued the notice to local miners to shut down their operations on an immediate basis. As reported by Reuters, the joint notice came from The Sichuan Provincial Development and Reform Commission, and the Sichuan Energy Bureau. The authorities have asked nearly 26 suspected Sichuan-based crypto mining projects to shut down their operations by Sunday, June 20. Sichuan is the second-biggest Bitcoin mining province in the world. Miners usually move...