Some Xinjiang Bitcoin Miners Instructed to Shut Down: Report
The local government of Changji in Xinjiang has instructed miners at the Zhundong Economic Technological Development Park to shut down mining activities.
Some bitcoin miners in the Chinese province of Xinjiang have been ordered to cease operations as the country cracks down on crypto mining.
- The local government of Changji in Xinjiang told miners at the Zhundong Economic Technological Development Park to stop their mining activities, according to a notice "seen and verified" by The Block.
- Government officials in Zhundong were instructed to end all mining activities under their control by 6:00 UTC (2 a.m. ET) Wednesday.
- The park covers 15,500 square kilometers and houses coal power plants as well as some of the largest crypto-mining facilities in China, thanks to the wide availability of coal-powered energy.
- The instruction follows the notice by the China State Council last month calling for a crackdown on bitcoin mining.
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