In general, it is about the Mongolia Region in China, which plans to ban new projects for extraction of cryptocurrencies and to create existing "mines" for such.

China accounts for about 65% of all bitcoin production worldwide, with only 8% of global bitcoin being mined globally, as is energy. In comparison, the US accounts for 7.2% of bitcoin production worldwide.

Inner Mongolia, located in the northern part of China, is failing to meet the goals of the Central Government for the future of energy in 2019. In response, the commission for development and development in the region has outlined plans to reduce energy consumption.