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13 May 2021

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities – Mining Bitcoin News

Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities – Mining Bitcoin News


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Beijing Is Collecting Data From Local Datacenters Involved in Cryptocurrency Mining Activities – Mining Bitcoin News.

Authorities in Beijing have been conducting checks on cryptocurrency mining datacenters to assess and understand its energy consumption and thus the impact on the electric infrastructure.

As first reported by Reuters, the Beijing Municipal Bureau of Economy and Information Technology was the entity that ordered the checks on the city’s data centers.

In the first instance, they wanted to verify if these companies are involved in bitcoin (BTC) and other cryptocurrency mining businesses by sending an “Emergency Notice Concerning the Data Center Involving Bitcoin and Other Cryptocurrency Mining Businesses in Our City’s Data Centers.”.

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