China's Sichuan province began to disconnect miners from power grids – Bits Media

Authorities of the Chinese province of Sichuan, long served as a major mining center due to the abundance of hydropower, ordered the closure of local mining farms before 20 june.

Energy Regulatory Office, and the Development Commission and Reforming the province of Sychuan turned to state energy enterprises and power plants, Calling them to stop the supply of electricity to mining farms. Recently the department has already held a meeting, on which issues were discussed, how many mining farms are supplied with electricity, And how can their shutdown affect the consumption of hydropower resources.

The order of local authorities will directly affect 26 registered mining enterprises, who tried to cooperate with the government, and were created in certain industrial zones. Such industrial parks were organized by local authorities in an attempt to attract mining farms, which would consume an excessive amount of hydroelectricity during the summer rain season, otherwise this energy would be wasted.

FROM 2020 dozens of enterprises, involved in the prey of bitcoin, received a work permit in these industrial parks and paid the necessary fees, to receive energy supply from the state network. However, to 20 June even registered farms will be disconnected from electric networks. maybe, It is because of registration with local regulatory authorities that they became the first victims, "Fucking under the distribution".

As for the miners, receiving energy from small power plants in private, they will be much more difficult to detect. Such miners are supplied directly, Bypassing the state operator of electric networks, acting as an intermediary for the distribution of electricity. Therefore, local authorities will carefully monitor the supply of electricity to private miners and immediately turn them off from the network in case of detection. A detailed report on the results of the work performed will be compiled to 25 june.

Note, that Chinese provinces began to introduce such harsh measures after the May meeting of the Committee on Financial Stability and the Development of China, who called for prohibiting mining and bitcoin trade.