The Inner Mongolia Reform and Development Commission (DRC) has created a platform on which residents can report activity related to cryptocurrency mining in the autonomous region.
Information can be submitted via the hotline, by mail, or at the electronic address.
Authorities aim to curb miners who, under the guise of a data centre, exploit tax, land or energy incentives.
With such a step the Commission hopes to align with the parameters of the national programme to reduce CO2 emissions. In 2019 through the first half of 2020, Inner Mongolia was the only province that did not achieve this.
The proposal followed after the DRC announced in March 2021 about the closure of crypto-mining farms by the end of April. The decision prompted miners to relocate capacity to other regions of China.
According to Coin Metrics, on May 18 the Bitcoin hash rate continued its sharp decline, falling to 124.5 EH/s.
As of May 17, the overall hash rate of the Bitcoin network fell by 20%. The cause was power outages in Sichuan province caused by low rainfall and coal shortages.
In April 2021 the hash rate sharply decreased due to electricity outages during safety checks following explosions and floods at Chinese coal mines.
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