Mining crackdown cryptocurrency China's has extended to the southwestern province of Sichuan. After several provincial-level regions implemented measures to curb mining activities, Chinese financial media Yicai reported on Friday.
Cryptocurrency It has attracted the attention of the Chinese government in recent years. And the virtual industry scrutiny was raised last month by the State Council. China's cabinet Pledged to crack down on bitcoin mining and trading as part of financial hedging measures.
Sichuan is China's second largest bitcoin mining province. According to information compiled by the University of Cambridge. The move will reduce computing power for crypto mining after Inner Mongolia is third. Implement a wholesale ban on mining activities.
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