Post
Topic
Board Bitcoin Discussion
Re: China Declares War on Bitcoin (?)
by
gatti
on 18/03/2021, 18:53:49 UTC
I didn’t manage to found information but I hardly believe that hydroelectric plant pollute the environment more than coal plants and that this action will help somehow to prevent climate changes. Chinese had better plant all those forests they cut down. The part of Siberia is already totally bald.
China’s Inner Mongolia has banned cryptocurrency mining and declared it will shut all such projects by April, spurring fears the world’s No. 2 economy will take more steps to eradicate the power-hungry practice.The autonomous region, a favorite among the industry because of its cheap power, also banned new digital coin projects, according to a draft plan posted on the Inner Mongolia Development and Reform Commission’s website Feb. 25. The aim is to constrain growth in energy consumption to about 1.9% in 2021.