Beijing is prepared to apply a new policy to strengthen the actions to foster energy conservation in several aspects of the city’s operations, promoting carbon and pollution reduction. The plan proposes to increase the oversight level on Bitcoin mining activities, thwarting its remnants.
Beijing to Thwart Cryptocurrency Mining Activities in Energy Conservation Plan
The city of Beijing has revealed a new set of policies aimed at enhancing energy conservation, tackling several activities with measures focused on this end. The document states that the city considers energy conservation a “key area” to strengthen the conservation of energy resources and a requirement for building an ecological civilization.
Cryptocurrency mining is included among the activities that will be policed specifically to promote carbon reduction, pollution reduction, and the expansion of green energy alongside construction, transportation, industry, and information technology.
On the actions that will be ta
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