The "crackdown" by the Chinese authorities on the Betquinian metal will not cause them to be banned, but will rather focus on getting rid of their own treatment in the local provinces. Ciaxinsaid that contrary to rumors on Wednesday, the Chinese authorities did not ask the metalware of the Betcoin to close their operations in the country. China is home to about two-thirds of the retail price of mining operations in Sichuan Province and autonomous regions of Inner Mongolia, which provide cheap hydropower and lower temperatures for the intensive process of energy use in digital coin mining.
A source of information on the movements of the organizers was also quoted as saying that "repression" would extend to the removal of mining centers near cheap hydropower. All preferential policies for electricity consumption, tax cuts and land use for the Betquin mining centers are monitored.
The report also said that by taking advantage of local communications, it may be possible to consume energy at a lower cost than some mining facilities. In addition, Wednesday's closed-door meeting between the People's Bank of China and members of the big regulator of Internet finance saw the authorities move to regulate the use of electricity by some of the two metals in the Betiquin network.
He also asked local government officials to investigate "non-standard uses of electricity" after concerns that high energy consumption could affect the natural use of electricity in the region in some cases. To oversee these constraints, the National Development and Reform Commission will participate as the country's energy supply regulator. As previously mentioned, the "campaign" on China's bitquin mining could be more beneficial to the Betquin system on a larger scale by making the country's main decomposition rates, decentralized.
