Beijing investigates crypto mining farms to improve energy efficiency
Cointelegraph
Published Apr 29, 2021 03:43AM ET
Updated Apr 29, 2021 05:20AM ET
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’s 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.
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Written By: Cointelegraph
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