Anhui, in eastern China, has become the latest province to announce a sweeping ban on cryptocurrency mining, saying the move will help ease an acute power shortage over the next three years.


Source: channelnewsasia.com channelnewsasia.com

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Anhui, in eastern China, has become the latest province to announce a sweeping ban on cryptocurrency mining, saying the move will help ease an acute power shortage over the next three years. SHANGHAI: Anhui, in eastern China, has become the latest province to announce a sweeping ban on cryptocurrency mining, saying the move will help ease an acute power shortage over the next three years. Anhui will shut down all cryptomining projects in a cleanup aimed at reducing power consumption, as the province faces a "grave" supply shortage of electricity, according a news portal operated by state-owned Hefei Media Group....