The Chinese Government, which has banned many crypto activities such as trading and mining, has officially declared that cryptocurrency mining is among the industries that need to be eliminated.
news platform Wu Blockchain In his post on his official Twitter account, On January 10, the Chinese government officially included cryptocurrency mining among industries that need to be eradicated. reported.
Wu also in China’s Hainan province per kilowatt-hour in electricity consumption used for old industries that were previously eliminated $0.12 stated that disciplinary action was taken. In the news, as a source National Development and Reform Commission of the People’s Republic of China ( NDRC ) official site was shown.
Bank of China, September banned all transactions related to cryptocurrencies in the country. As a result of this development, the miners in the country had to move to other countries in the surrounding regions and the USA to continue their activities.
