China’s Inner Mongolia hires contractor to search for illegal crypto mining


Source: otcpm24.com otcpm24.com

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The Development and Reformation Commission of China’s Inner Mongolia, previously one of the crypto mining hubs in China, said on Wednesday that it has hired a contractor to help the state monitor for illegal mining operations. The commission selected Inner Mongolia Mengze Engineering Management Limited, just one week after it opened the bid to the public for applications. The goal for Mengze — with a $46,000 government budget — is to help the state build up an intelligence and response unit to continuously analyze and spot possible operations that are secretly mining cryptocurrencies in the region. It’s a sign that...