Ever since government officials in China have started talking about tightening up on bitcoin mining and repeating crypto guidelines since 2017, digital currency advocates and the media have focused on the sector. More recently, a Chinese state-backed online publication revealed that the Sichuan Energy Regulatory Office planned to hold a meeting on June 2, 2021 to discuss the implications of bitcoin mining.
Sichuan Energy Regulatory Office will meet on June 2 to discuss crypto mining
In recent times, the Chinese government has been discussing the crypto economy more and more and most of the negotiations have been directed at bitcoin mining.
China officials hope to get country Carbon neutral by the year 2060 And achieve a good percentage of carbon neutrality by 2030. After a few meetings of the country’s Financial Stability Board and other Chinese politicians, several crypto firms stopped Providing services to citizens of the mainland.
Among the companies that started separating services from China, Huobi, Btc.top, Hashko, And okx. Three days ago, Bitcoin.com news Reported On statements about the positions of several executives of China’s pool operators and mining rig manufacturers.
Recently published Report good This weekend details that the Sichuan Energy Regulatory Office plans to hold a meeting next week to see the impact of bitcoin mining.
The columnist of the nation-state-backed publication Global Times says:
The Sichuan Energy Regulatory Office announced on Thursday that the office will hold a meeting on June 2 to fully understand the state of crypto-currency mining activities in the southwestern province, which is required by the National Energy Administration.
Regional reporter, Colin ‘Wu’ blockchain, forward Noted Before the weekend, there were rumors on Twitter that “China will introduce a stricter policy on Friday night.”
However, these rumors were never revealed and instead, the Sichuan Energy Regulatory Meeting was revealed to the public. Estimates suggest that Sichuan Province and xinjiang The region in China is a deeply concentrated area of bitcoin miners.
On Sunday, May 30, 2021, the bitcoin network’s hash rate is hovering just above 165 exhash per second (EH / s). Statistics show that the top mining pools with the highest hashrate Stems from china.
Today’s top mining pools dedicate to hashrate B T c The series includes F2pool, Antpool, Viabtc, Btc.com and Poolin. The aforementioned mining operations in China account for about 66.32% of the global hash rate on Sunday.
What do you think about the upcoming Sichuan Energy Regulatory Office meeting to discuss bitcoin mining? Tell us what you think about this topic in the comments section below.
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