Inside a Bitcoin mining factory Photo: AFP - Global Times

Inside a Bitcoin mining factory Photo: AFP. Officials in Southwest China's Sichuan Province, a major base for cryptocurrency mining, are apparently mulling more actions against mining operations ...

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Sichuan Orders Bitcoin Miners to Shut Down - CoinDesk

Sichuan, which is arguably the largest hydro-based crypto mining hub in China, is joining the ranks of Chinese provinces cracking down on bitcoin mining. A …

China's cryptocurrency-mining crackdown spreads to Sichuan ...

China's crackdown on cryptocurrency "mining" has extended to the southwest province of Sichuan, where authorities ordered cryptocurrency mining projects closed in the major mining centre.

Over 90% of China's Bitcoin mining to be closed after ...

Inside a Bitcoin mining factory Photo: AFP. Many Bitcoin mines in Southwest China's Sichuan Province – one of China's largest cryptocurrency mining bases – were closed as of Sunday, according to after local authorities ordered a halt to mining in the region on Friday amid an intensified nationwide crackdown against cryptocurrency mining.

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Sichuan Mining Farms Begin to Shut Down — Seven-Day Stats ...

Sichuan is the fifth Chinese province that is shutting down cryptocurrency mining-related projects. Before Sichuan, two provinces also announced the closing of all cryptocurrency mining projects ...

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A third report on the same topic came from Chinese blogger Colin Wu, who confirmed that bitcoin mining farms in the Sichuan region have shut down for inspection.. The order that the Sichuan government has reportedly issued has likely been triggered by China's State Council statement on bitcoin mining last month. The council said that the government would "crack down on bitcoin mining …

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A Visit to a Bitcoin Mining Farm in Sichuan, China Reveals ...

Electric transmission lines are installed from the station to the blue-roofed mining factory. There are three mining data centers and each has 2,500 mining machines. The operations manager Chuan told us that the electricity price has increased from 0.3 yuan per kwh to 0.4 per kWh as Sichuan is in its dry season.

China to shut down over 90% of its Bitcoin mining capacity ...

Inside a Bitcoin mining factory Photo: AFP. Many Bitcoin mines in Southwest China's Sichuan Province - one of China's largest cryptocurrency mining bases - …

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Bitcoin Miners in Sichuan Ordered to Shut Down: Report ...

Sichuan is the fifth province in China to announce a firm crackdown on mining farms. In May, China's State Council, a high-ranking government cabinet, included Bitcoin mining among a laundry list of financial risks that required monitoring. This announcement marked the first time the State Council explicitly referred to Bitcoin mining.

Sichuan Shutdown Order Cripples Chinese Bitcoin Mining ...

The shutdown order that was circulated to the energy companies identified 26 mining pools in the Sichuan province. "Molly", head of marketing at Chinese blockchain company Hashkey Hub, tweeted that the hash rate "already dropped significantly" after the Sichuanese government announced it would cut off power to Bitcoin mining farms.