{"id":298531,"date":"2021-07-14T11:04:11","date_gmt":"2021-07-14T08:04:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/china-shuts-down-crypto-mining-in-anhui-province\/"},"modified":"2021-07-14T11:04:11","modified_gmt":"2021-07-14T08:04:11","slug":"china-shuts-down-crypto-mining-in-anhui-province","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/china-shuts-down-crypto-mining-in-anhui-province\/","title":{"rendered":"# China shuts down crypto mining in Anhui province"},"content":{"rendered":"<p>&#8220;<strong># China shuts down crypto mining in Anhui province  <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMzBhMDcxMTEtMjYyZC00YWFiLWE5ZTAtM2IzOTI3YTgzYzA5LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province.<\/p>\n<p>Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and an associated power supply shortage in the next three years, local <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> agency Hefei Online <a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/m.hf365.com\/article\/125774\">reported<\/a>\u00a0on Wednesday.<\/p>\n<p>As part of Anhui\u2019s efforts to curb energy consumption, the province plans to shut down crypto mining projects and scrutinize new initiatives that require large amounts of energy consumption. Local authorities also plan to adopt new practices for building data centers as well as promote the reform of electricity prices in order to optimize energy usage in the province.<\/p>\n<p><strong><em>Related: <\/em><\/strong><strong><em>Chinese hydropower plants on sale as crypto miners move abroad<\/em><\/strong><\/p>\n<p>The Anhui province of China is known for once being one of China\u2019s poorest provinces, having only been\u00a0<a rel=\"nofollow noopener\" target=\"_blank\" href=\"http:\/\/p.china.org.cn\/2020-05\/07\/content_76014511.htm\">removed<\/a> from the country\u2019s official list of impoverished areas in 2020. Anhui is the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.worldatlas.com\/articles\/what-is-the-capital-of-the-anhui-province-of-china.html\">eighth<\/a> largest province in the country by population. The province\u2019s power grid reportedly comprises mostly coal-based power plants in addition to several hydropower facilities as well as wind- and solar-based plants.<\/p>\n<p>The news comes amid a major regulatory crackdown on crypto mining in China, following a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of similar bans in other Chinese provinces including Yunnan and Sichuan, one of the country\u2019s biggest hydropower-based mining hubs. Authorities in Xinjiang, Inner Mongolia and Qinghai also ordered mining operations to shutter in recent months.<\/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\/china-shuts-down-crypto-mining-in-anhui-province\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# China shuts down crypto mining in Anhui province &#8221; The Chinese government continues cracking down on the cryptocurrency mining industry by suspending crypto mining operations in another province. Authorities at Anhui, a small province in eastern China, have announced a set of measures to tackle growing electricity demand and an associated power supply shortage&#8230;<\/p>\n","protected":false},"author":1,"featured_media":298532,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDcvMzBhMDcxMTEtMjYyZC00YWFiLWE5ZTAtM2IzOTI3YTgzYzA5LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74862,74989,74871,75042,4973,70752,71511,70934],"class_list":["post-298531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bitcoin","tag-bitcoin-mining","tag-electricity","tag-mining","tag-china","tag-energy","tag-government","tag-regulation"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/298531","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=298531"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/298531\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/298532"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=298531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=298531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=298531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}