{"id":238190,"date":"2021-04-29T10:43:59","date_gmt":"2021-04-29T07:43:59","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/beijing-investigates-crypto-mining-farms-to-improve-energy-efficiency\/"},"modified":"2021-04-29T10:43:59","modified_gmt":"2021-04-29T07:43:59","slug":"beijing-investigates-crypto-mining-farms-to-improve-energy-efficiency","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/beijing-investigates-crypto-mining-farms-to-improve-energy-efficiency\/","title":{"rendered":"# Beijing investigates crypto mining farms to improve energy efficiency"},"content":{"rendered":"<p>&#8220;<strong># Beijing investigates crypto mining farms to improve energy efficiency <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-5a136f3a>Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.reuters.com\/article\/china-bitcoin\/chinas-capital-probes-cryptocurrency-mining-sources-idUSL4N2MM0ZL\">reports<\/a> Thursday.<\/p>\n<p>The Beijing Municipal Bureau of Economy and Information <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">Technology<\/a> on Tuesday sent an emergency notice to the city\u2019s data center operators asking them to report whether they are involved in mining Bitcoin (BTC) and other cryptocurrencies. The notice required data centers to report the amount of power consumed by crypto mining, the report notes.<\/p>\n<p>A bureau official said that notice recipients include China\u2019s top-three telecom operators. He noted that he was not aware of the reason behind the initiative, or whether it is part of a nationwide campaign.<\/p>\n<p>The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> comes amid a recovering Bitcoin hash rate, which experienced a major drop in mid-April due to massive power outages in the Chinese mining hub of Xinjiang. After tumbling to as low as 106 million terahashes per second on April 17, BTC hash rate rebounded to around 166 million TH\/s on April 28.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-04\/2c0d06f1-c51a-49f7-8a19-1ad351ff2fda.png\"><figcaption style=\"text-align: center;\"><em>Bitcoin hash rate over the past three months. Source: Ycharts<\/em><\/figcaption><\/figure>\n<p>Cryptocurrency mining&#8217;s energy consumption has been getting more attention from regulators in recent months.\u00a0Yesterday, a former government official argued that crypto mining was a major driver of the energy crisis in Kyrgyzstan. In late February, authorities of the Chinese autonomous region of Inner Mongolia proposed to shut down all crypto mining facilities by the end of April to reduce energy consumption.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/beijing-investigates-crypto-mining-farms-to-improve-energy-efficiency\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Beijing investigates crypto mining farms to improve energy efficiency &#8221; Beijing authorities are reportedly conducting inspections of crypto mining data centers to better understand their impact on energy consumption, Reuters reports Thursday. The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an emergency notice to the city\u2019s data center operators asking&#8230;<\/p>\n","protected":false},"author":1,"featured_media":238191,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDQvNDIxZDgyNTMtNWFjMC00ZjYxLThjZDgtMjAxODk4ZmUyZTQxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74863,78717,75042,70677,4973,70752,71511,70934],"class_list":["post-238190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-cryptocurrencies","tag-energy-consumption","tag-mining","tag-beijing","tag-china","tag-energy","tag-government","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/238190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=238190"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/238190\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/238191"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=238190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=238190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=238190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}