{"id":7199,"date":"2021-06-21T11:05:50","date_gmt":"2021-06-21T15:05:50","guid":{"rendered":"https:\/\/www.technewsday.com\/?p=7199"},"modified":"2021-08-03T10:50:04","modified_gmt":"2021-08-03T14:50:04","slug":"china-shuts-down-cryptocurrency-mine-in-sichuan","status":"publish","type":"post","link":"https:\/\/technewsday.com\/staging\/china-shuts-down-cryptocurrency-mine-in-sichuan\/","title":{"rendered":"China Shuts Down Cryptocurrency Mine In Sichuan"},"content":{"rendered":"\n<p>China&#8217;s crackdown on cryptocurrencies has found its way to Sichuan, ordering the region to close a key mining hub.<\/p>\n\n\n\n<p>The region is known for mining cryptocurrency using hydropower.<\/p>\n\n\n\n<p>This latest news suggests that China&#8217;s displeasure with cryptocurrencies goes beyond cases of using electricity from burning coal.<\/p>\n\n\n\n<p>A joint statement from the Sichuan Provincial Development and Reform Commission and the Sichuan Energy Bureau called for the closure of 26 suspected cryptocurrency mining projects by Sunday.<\/p>\n\n\n\n<p>The notices also instruct Sichuan state power utilities to carry out inspections and corrections, report their results by Friday and also discontinue power to the identified cryptocurrency mining projects.<\/p>\n\n\n<p>For more information, read the <a href=\"https:\/\/www.reuters.com\/technology\/chinas-cryptocurrency-mining-crackdown-spreads-sichuan-2021-06-19\/\" target=\"_blank\" rel=\"noopener\">original story<\/a> in Reuters.<\/p>","protected":false},"excerpt":{"rendered":"<p>China&#8217;s crackdown on cryptocurrencies orders Sichuan to close a key mining hub.<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9],"tags":[],"class_list":["post-7199","post","type-post","status-publish","format-standard","hentry","category-todays-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/7199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/comments?post=7199"}],"version-history":[{"count":3,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/7199\/revisions"}],"predecessor-version":[{"id":7242,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/posts\/7199\/revisions\/7242"}],"wp:attachment":[{"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/media?parent=7199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/categories?post=7199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/technewsday.com\/staging\/wp-json\/wp\/v2\/tags?post=7199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}