Beijing starts inquiry into data centre firms’ involvement in power-sapping cryptocurrency mining operations

Source: South China Morning PostBeijing’s city authorities have started an inquiry into the involvement of the capital’s data centre providers in cryptocurrency mining, a power-intensive operation that could undermine the nation’s efforts to reduce emissions.The Beijing Municipal Bureau of Economy and Information Technology released on Tuesday an “emergency notice”, which was seen and confirmed by the South China Morning Post, asking data centre operators to report their participation in cryptocurrency mining, the amount of…Read More

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