
Zhejiang province hikes energy costs for miners as China doubles down on sector
Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for miners to push them out.
Despite a countrywide ban on block reward mining, Zhejiang has become the latest province to implement an electricity hike for miners to push them out.
Zhejiang province authorities have been clamping down on illegal mining operations in government entities, screening more 4,600 IP addresses and nabbing 184 individuals.