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Inner Mongolia power bitcoin

Publish: 2021-05-09 08:54:28
1.

if you want to talk about what is the investment proct with the highest return on investment, it must be bitcoin in recent years. The price of bitcoin has doubled dozens of times, which makes many people excited and devote themselves to mining. But as we all know, bitcoin mining is not simple. It requires a large number of computers with high configuration to work continuously, and the electricity consumption can also be imagined. Recently, Inner Mongolia asked to close all virtual currency mining projects before the end of April, and prohibited new virtual currency mining projects. Recently, the Inner Mongolia development and Reform Commission issued "several safeguard measures to ensure the completion of the" fourteenth five year plan "energy consumption double control target tasks (Draft)", which clearly proposed to comprehensively clean up and shut down the virtual currency mining projects, and withdraw them by the end of April 2021


2.

The so-called "this; Mining & quot;, It sounds a bit indecent. In fact, it is a server of the so-called distributed database

in the future, with the continuous increase of international trade volume and the continuous development of Internet platform economy, the whole international community, especially our netizens on the Internet platform, is eager to meet the demand for internet currency

of course, in the end, we have many Internet currencies, which one will become the mainstream settlement currency in our international trade and Internet platform. There is no clear answer to this question

because it involves a large-scale local power consumption, it is not so surprising that bitcoin account packaging business, which has an uncertain future, is treated like this in today's popular low-carbon economy, when the government and enterprises often need to be assessed for carbon emissions

in addition, we should also note that Internet money, in fact, poses a strong threat to central banks. It shows a tendency to replace it completely. So, it is also possible that our local governments and local regulatory departments may have received relevant instructions from the central bank system, for example, to shut down the Internet money business

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5.

Inner Mongolia plans to close all virtual currency mining projects, which is of great significance. It not only stops mining with large energy consumption, but also lays the foundation for the issuance of digital RMB because mining bitcoin will consume a lot of power, resulting in a lot of waste of resources. Inner Mongolia announced that it will comprehensively clean up and close the virtual currency mining projects, and withdraw all the virtual currency mining projects before the end of April 2021, with special reference to the prohibition of new virtual currency mining projects

Digital RMB is issued by the central bank according to law, which has all the characteristics of RMB cash. Giving full play to the functions of value scale, means of circulation and means of payment will help to regulate currency trading behavior, save social costs, and make modern financial and economic activities more convenient, efficient and safe. After the issuance of digital RMB, the rejection of cash and other bad behaviors may be reced

6.

Recently, bitcoin and Ethereum's two major digital currencies have gone up and down, which has led to a new upsurge in mining. However, the waste of electricity in mining has also become a hidden danger. Inner Mongolia officially announced today that all virtual currency mining projects will be closed at the end of April. The development and Reform Commission of the Inner Mongolia Autonomous Region recently issued the "on ensuring the completion of & lt; The fourteenth five year plan; It is planned to comprehensively clean up and shut down the virtual currency mining projects, withdraw all of them before the end of April, and prohibit the construction of new virtual currency mining projects. Inner Mongolia has set the goal of double control of energy consumption in 2021, that is, the energy consumption per unit GDP will decrease by 3%, the increment of energy consumption will be controlled at about 5 million tons of standard coal, the growth rate of total energy consumption will be controlled at about 1.9%, and the energy consumption per unit instrial added value (equivalent value) will decrease by more than 4%. The consultation period is from February 25, 2021 to March 3, 2021{ RRRRR}

according to 2020 data, the power consumption of a single bitcoin transaction is equivalent to that of a British family in the past two months. According to researchers at Cambridge University, bitcoin consumes about 121.36 billion kilowatt hours (TWH) of electricity a year, which is unlikely to decrease unless the value of bitcoin declines

How big is

121.36 billion kilowatt hours (TWH)? By comparison, bitcoin's annual power consumption exceeded that of Argentina, the Netherlands and the United Arab Emirates, and approached that of Norway. Enough to see, the virtual currency mining project is really electricity consuming

7.

China's Inner Mongolia Autonomous Region Development and Reform Commission recently issued a document saying that it is strictly forbidden to build new virtual currency mining projects, and plans to comprehensively clean up and shut down virtual currency mining projects by the end of April 2021. Singapore's Lianhe Zaobao reported on the 2nd that Inner Mongolia is popular in the virtual currency instry because of its low-cost electricity, which has triggered concerns that China will take more measures to ban high-energy virtual currency mining activities. After the news was reported by the international media, the price of bitcoin rose by 6% on Monday. As of the press release on the evening of the 2nd, bitcoin was at $48672.3{ RRRRR}

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