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SICHUAN MINERS ARE BANNED FROM MINING CRYPTOCURRENCY

Mining companies were actively working in the Chinese province of Sichuan - it was possible thanks to cheap electricity and the absence of restrictions from the authorities. However, now it has been decided to stop their activities. Sichuan was one of the key centers for cryptocurrency mining - 26 companies officially operated in the region. But now the local energy bureau, along with the authorities, has approved measures to restrict the work of miners. Large mining companies will have their electricity cut off on June 20. The companies ...

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