China’s crypto mining crackdown continues in Guangdong province as authorities unearth a secret crypto mining farm hidden in a charging station.
The mining farm was operational for over 1,000 hours and consumed more than 90,000 kilowatt-hours of electricity.The authorities busted the crypto mining operations after examining the energy consumption of the charging station which revealed discrepancies in the electricity consumption. Similarly, Jieyang City seized 916 mining machines in February.operations throughout the country last year, citing their carbon emission goals and high electricity consumption by the crypto mining operations.
The authorities in various provinces of China have since then carried out state and city level inspections to wipe out even the smallest, including home-based mining operations. China, which contributed more than 60% of the Bitcoin (