>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<
China's capital city of Beijing has started a check on data centre providers' involvement in cryptocurrency mining, a power-intensive operation that could undermine the nation’s efforts to reduce emissions.
The Beijing Municipal Bureau of Economy and Information Technology issued an “emergency notice” on Tuesday, requiring data centre operators to report their involvement in cryptocurrency mining business, power consumption by these companies in the past year and its percentage amount to the total power consumed by the data centre, with a deadline at noon on Wednesday.
China’s three main telecommunications network operators . . .
Sign In or Subscribe To Get Full Access.
Everything you need about China markets is on THE WIRE - one timeline with up-to-the-minute updates throughout every trading day.
Follow China Market In The Most Efficient Way!
Sign Up For Free Weekly China Market Highlights HERE!