The Chinese anti-Bitcoin mining campaign has reached Xinjiang, after Inner Mongolia and Sichuan.
According to documents circulating on Weibo, the province's Development and Reform Commission has asked to suspend crypto mining in the region.
Xinjiang is one of the prominent bitcoin mining regions in China, and power outages due to flooding in the region led to a sharp drop in the bitcoin network hash rate last month.
Local reports did not say whether the suspension would be temporary or permanent, as miners in the area indicated they would continue their operations until more updates arrived.
Banning Bitcoin mining in “Xinjiang” is it a pure threat or a serious step by the Chinese government?
China's crackdown on cryptocurrencies is nothing new, but many insiders have claimed that the government is going to crack down this time around.
Among the many provinces famous for being a center for bitcoin mining, “Inner Mongolia” became the first and only province to completely ban bitcoin mining of any scale in the region.
This was expected because the province failed to meet the carbon emissions targets set by Beijing.
The Sichuan local government decided not to take any immediate drastic measures and allowed miners in the province to continue working this season.
At the same time, it also warned miners not to start looking for alternatives.
The recent crackdowns are also attributed to Beijing's strict goals of carbon neutrality, which have led to the banning of many fossil-fuel mining operations.
Chinese search engines (Baidu and Sogou) stop showing results for cryptocurrency trading platforms:
While we are preparing an article about China’s Xinjiang suspending bitcoin mining operations, other breaking news has emerged that popular search engines in China such as “Baidu” and “Sogou” have stopped showing results for Chinese trading platforms such as Binance, Huobi, OKEx.
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