Bitcoin Inner Mongolia
In order to speed up the elimination of backward and excess capacity, the Inner Mongolia development and Reform Commission plans to comprehensively clean up and shut down virtual currency mining projects, according to an article on its official website
How to deal with bitcoin minesrecently, bitcoin continued to record high, and concept stocks surprised the capital market. Under the demonstration effect of teras' purchase of bitcoin, the price of bitcoin has been climbing, which has exceeded US $58000 before. Driven by bitcoin's booming market, & lt; Mining & quot; The rise in earnings has driven more money in. The income of bitcoin mining is mainly affected by the difficulty of mining and electricity charges. In China, with abundant electric power resources, the development of electric power instry is becoming more and more important; Mining & quot; In Inner Mongolia, an important region of the layout, the virtual currency mining project is about to be eliminated. In the past, some mines were transferred seasonally e to the wet season and dry season in Sichuan. At present, the mine owners in Inner Mongolia can only move the machines, but the infrastructure of the mine can not be moved, so they may face certain losses{ RRRRR}
mining of bitcoin in Inner Mongolia is restricted, and the computing power of mining of bitcoin in Inner Mongolia is greater than that of the whole United States, because the electricity price in Inner Mongolia is cheap and the computing power of data center is abundant According to the bitcoin power consumption index compiled by Cambridge University, China currently accounts for about 65% of all bitcoin mining computing power in the world, 8% in Inner Mongolia and 7.2% in the United States. The reason why Inner Mongolia's bitcoin mining power is larger than that of the whole United States is that Inner Mongolia's electricity price is cheap and its data center has abundant computing power. We all know that bitcoin mining consumes a lot of power, because bitcoin mining relies on large computers to run virtual programs; Dig & quot; However, Inner Mongolia has a relatively cool climate, vast land and sparse population, abundant coal resources and abundant power resources, which can support large-scale mines. However, recently Inner Mongolia issued a document saying that it would shut down the virtual currency mining in order to complete the & lt; The fourteenth five year plan; Energy consumption al control target task. At present, China's northern Inner Mongolia is seeking to ban all cryptocurrency mining activities
economist Peter middot; Schiff once predicted that the future of bitcoin is full of uncertainty, and there is still no endorsement such as sovereignty or margin. If the capital withdraws, bitcoin will be worthless. China's policy of not proposing mining will also help guide investors to avoid the Ponzi scheme
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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