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Sichuan Shuts Down Bitcoin Miners

Sichuan Shuts Down Bitcoin Miners



According to three local media reports, officials in the major Chinese bitcoin mining hub of Sichuan have reportedly issued an order to shut down regional bitcoin mining operations for inspection. However, it is unclear how long the miners will be expected to stay offline.

“Officials from related authorities, including the city’s energy bureau and technology bureau, had a meeting and decided to crack down crypto mining operations,” local news outlet PANews reported, citing anonymous sources.

A second local news outlet, BlockBeats, has also reported a similar story. According to its report, bitcoin mining farms in the Sichuan region, notably hydro-powered parks, must be closed before June 25. However, the report also claimed that such parks expect an official document to be released today, although they have already received a notice.



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