Inner Mongolia to carry out research on virtual currency
The fact that Inner Mongolia will completely shut down the mining of virtual currency has also aroused heated discussion among netizens on the Internet. What we have to say is that speaking of virtual currency, we also know it very well now. We all know that virtual currency has risen all the way because of the participation of Tesla, which makes people feel very shocked, It has to be said that this time the miners also need to move to Yunnan, Sichuan and other areas with sufficient Hydropower to continue their mining business
we also hope that everyone can recognize this point, but we have to say that we all know that the hydropower in the region has. It can be divided into Fengshui period and dry season. In Fengshui period, there is a lot of rain, so the electricity is very abundant. In terms of price, it is very cheap. Therefore, many miners choose to go to Yunnan, Guizhou, Sichuan and other places to continue mining and carry out their own mining business. But it has to be said that the dry season is a very bad news, In the dry season, the price of water and electricity is still high. In order to rece the cost, these miners need to move their mining machines to yunguichuan in the windy season, and to Xinjiang, Inner Mongolia and other places rich in thermal power or wind power in the dry season
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 is121.36 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
The news that Inner Mongolia plans to shut down all the virtual currency mining projects has attracted many people's attention and won a lot of applause. In my opinion, this measure is actually very good, because the virtual currency mining project consumes too much energy, and the virtual currency mining can not stimulate the economy, and the rise of virtual currency mining project is not a good thing. Therefore, I personally support this measure
Third, the rise of virtual currency mining is not a good thing
in addition, the reason why virtual currency is concerned now is mainly because of its high price, which makes people find it profitable and want to get a share in it but in fact, the price of virtual currency almost depends on speculation, and the virtual currency itself has no value. In other words, the mining project itself has great risks. So in my opinion, it is not a good thing that more and more people join in the virtual coin mining instry
Generally speaking, I personally support such a decision and hope other provinces can follow suitOn February 25, the development and Reform Commission of Inner Mongolia Autonomous Region issued the "on ensuring the completion of the & lt; The fourteenth five year plan; Several safeguard measures for al control of energy consumption (Draft) (hereinafter referred to as "several measures") are open to the public for opinions{ RRRRR}
a mine owner who has built a mine in Inner Mongolia said to the surging news: & lt; Now it's time to limit energy consumption, and we haven't received the notice to close it& rdquo;
"several measures" can be regarded as the continuation of Inner Mongolia's many years' efforts to clean up the virtual currency mining. Inner Mongolia is sparsely populated and rich in wind energy. Because of abundant land and cheap electricity price, Inner Mongolia has become a virtual currency mining destination; Main positions; One
the virtual currency mining instry was also included in the list of eliminated instries. On April 8, 2019, the national development and Reform Commission issued the guidance catalogue for instrial structure adjustment (2019 version, draft for comments), which defined the virtual currency mining as an item not marked with the elimination period or elimination plan, which was explicitly or immediately eliminated by the national instrial policy. In November, the national development and Reform Commission issued the guidance catalogue for instrial structure adjustment (2019 Edition), which was originally listed in the list of eliminated instries; Virtual currency mining activities & quot; Was deleted
although some people think that this change may mean that the legitimacy or possibility of virtual currency mining has been recognized, judging from the contents of the announcement issued by Inner Mongolia Autonomous Region, the direction of its liquidation and withdrawal has not changed
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}