Beijing starts inquiry into data centre firms’ involvement in power-sapping cryptocurrency mining operations

//Beijing starts inquiry into data centre firms’ involvement in power-sapping cryptocurrency mining operations

Beijing starts inquiry into data centre firms’ involvement in power-sapping cryptocurrency mining operations

Beijing’s city authorities have started an inquiry into the involvement of the capital’s data centre providers in cryptocurrency mining, a power-intensive operation that could undermine the nation’s efforts to reduce emissions.The Beijing Municipal Bureau of Economy and Information Technology released on Tuesday an “emergency notice”, which was seen and confirmed by the South China Morning Post, asking data centre operators to report their participation in cryptocurrency mining, the amount of…

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By | 2021-04-29T13:00:14+00:00 April 29th, 2021|Technology|Comments Off on Beijing starts inquiry into data centre firms’ involvement in power-sapping cryptocurrency mining operations