Feb 23, 2022
China's Zhejiang Province Imposes Higher Electricity Tariff On Crypto Miners
China’s Zhejiang Province Imposes Higher Electricity Tariff On Crypto Miners
Zhejiang province followed the policies of Inner Mongolia and Hainan who are working to contain mining activities in their regions after the government of China moved against cryptocurrency mining in the country last year. China’s top economic planning agency, The National Development and Reform Commission (NDRC), in November 2021, proposed tough sanctions such as higher electricity tariffs on…
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