jewelry wholesale order form Inner Mongolia intends to shut down the virtual currency mining project, why Inner Mongolia will become a gathering place for Bitcoin mining

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1 thought on “jewelry wholesale order form Inner Mongolia intends to shut down the virtual currency mining project, why Inner Mongolia will become a gathering place for Bitcoin mining”

  1. wholesale knitters jewelry It is mainly due to the rich local mineral resources, cheap electricity, and the lowest cost of bitcoin mining, so many people are poured into many people, where mining is mined. According to media reports, the Inner Mongolia government issued an announcement recently that during the 14th, the relevant Bitcoin mining projects will be removed in the area, and the new application for related mining projects has been suspended recently. The person in charge of the local mining project revealed to the media that due to the changes in policy, the mining machines may be moved away in the past few days. The person in charge also revealed that many mining machines in Inner Mongolia have begun to be transported to Yunnan, Sichuan and other places with sufficient hydropower, and cheap power. Analysts in the energy industry also pointed out that local power in Inner Mongolia mainly comes from thermal power, and mining is huge, which is not conducive to the protection of the local natural ecology. Therefore, the government began to retreat from related projects.
    The professional pointed out that the production process of Bitcoin must be achieved through computing power. Through the "mining machine" work day and night, it is rewarded by Bitcoin. Electricity resources. Generally, mining organizations will choose some places where it is far and cheap for electricity for mining, such as Yunnan, Guizhou, and Inner Mongolia with a lot of hydropower. These mining organizations value Essence
    Mi -institutions have previously calculated that during the process of mining in Bitcoin, the total amount of power consumption in one year exceeded the total power consumption in many countries such as Norway. If these power sources are not clean energy, in fact The power generation pollution caused by each year is huge. However, due to the recent rise in the Bitcoin market, huge profits have attracted a large number of organizations to start mining activities.
    The reference materials:
    In Inner Mongolia announced that it is planned to shut down the virtual coin mining project before the end of April, which has caused heated discussions in the industry. Inner Mongolia is rich in electricity resources and has been favored by miners in recent years, but the high energy consumption of mining process has also increased the pressure of energy consumption control in Inner Mongolia.
    The shuttle from Inner Mongolia will further accelerate the integration of the virtual currency mining industry to a certain extent. Once the mine is closed, the mine will continue (mining) in another place. In the wind where domestic supervision has become stricter, many domestic mines have migrated overseas.
    On November 11, 2019, the Industry and Information Department of the Inner Mongolia Autonomous Region again issued the "Notice on the Cleanment and Rectification of" Mining "Enterprises of Virtual Currency" Clean up and Rectification "(hereinafter referred to as the" Inspection Notice "), requiring the autonomous region The joint inspection team went to some cities to conduct joint inspections on the cleanup and rectification of virtual currency mining enterprises.
    not only that, the virtual currency mining industry has also been included in the list of elimination industry. On April 8, 2019, the National Development and Reform Commission issued the "Industrial Structure Adjustment Guidance Catalog (2019, Draft for Soliciting Opinions)", which positions virtual currency mining as entries for unparalleled elimination or elimination plans, and are national industrial policies. It has clearly eliminated or eliminated immediately. In November, the National Development and Reform Commission issued the "Adjustment Guidance Catalog of Industrial Structure (2019)", which were originally included in the "virtual currency mining activities" that were included in the elimination industry.

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