Technology

China’s crypto mining crackdown expands to three more states

China’s restrictions on cryptocurrency mining continue to grow.Today’s coin desk report Authorities in Anhui, Gansu, and Henan have ordered the closure of local mining operations under central government policy.

There are two official motives behind this crackdown. The first is China’s hope of becoming carbon-neutral within five years, and shutting down cryptocurrency mining operations is a quick way to reduce energy usage, at least in the short term. (However, Clean power supply It can help you achieve the same result. )

https://www.tomshardware.com/uk/news/china-crypto-crackdown-expands-three-more-provinces China’s crypto mining crackdown expands to three more states

Back to top button