Mining in Inner Mongolia
In order to speed up the elimination of backward and excess capacity, the Inner Mongolia development and Reform Commission plans to comprehensively clean up and shut down virtual currency mining projects, according to an article on its official website
How to deal with bitcoin minesrecently, bitcoin continued to record high, and concept stocks surprised the capital market. Under the demonstration effect of teras' purchase of bitcoin, the price of bitcoin has been climbing, which has exceeded US $58000 before. Driven by bitcoin's booming market, & lt; Mining & quot; The rise in earnings has driven more money in. The income of bitcoin mining is mainly affected by the difficulty of mining and electricity charges. In China, with abundant electric power resources, the development of electric power instry is becoming more and more important; Mining & quot; In Inner Mongolia, an important region of the layout, the virtual currency mining project is about to be eliminated. In the past, some mines were transferred seasonally e to the wet season and dry season in Sichuan. At present, the mine owners in Inner Mongolia can only move the machines, but the infrastructure of the mine can not be moved, so they may face certain losses{ RRRRR}
if you want to talk about what is the investment proct with the highest return on investment, it must be bitcoin in recent years. The price of bitcoin has doubled dozens of times, which makes many people excited and devote themselves to mining. But as we all know, bitcoin mining is not simple. It requires a large number of computers with high configuration to work continuously, and the electricity consumption can also be imagined. Recently, Inner Mongolia asked to close all virtual currency mining projects before the end of April, and prohibited new virtual currency mining projects. Recently, the Inner Mongolia development and Reform Commission issued "several safeguard measures to ensure the completion of the" fourteenth five year plan "energy consumption double control target tasks (Draft)", which clearly proposed to comprehensively clean up and shut down the virtual currency mining projects, and withdraw them by the end of April 2021
mining of bitcoin in Inner Mongolia is restricted, and the computing power of mining of bitcoin in Inner Mongolia is greater than that of the whole United States, because the electricity price in Inner Mongolia is cheap and the computing power of data center is abundant economist Peter middot; Schiff once predicted that the future of bitcoin is full of uncertainty, and there is still no endorsement such as sovereignty or margin. If the capital withdraws, bitcoin will be worthless. China's policy of not proposing mining will also help guide investors to avoid the Ponzi scheme
Inner Mongolia plans to close all virtual currency mining projects, which is of great significance. It not only stops mining with large energy consumption, but also lays the foundation for the issuance of digital RMB because mining bitcoin will consume a lot of power, resulting in a lot of waste of resources. Inner Mongolia announced that it will comprehensively clean up and close the virtual currency mining projects, and withdraw all the virtual currency mining projects before the end of April 2021, with special reference to the prohibition of new virtual currency mining projects
Digital RMB is issued by the central bank according to law, which has all the characteristics of RMB cash. Giving full play to the functions of value scale, means of circulation and means of payment will help to regulate currency trading behavior, save social costs, and make modern financial and economic activities more convenient, efficient and safe. After the issuance of digital RMB, the rejection of cash and other bad behaviors may be reced
To talk about the relationship between the two, we need to understand some of their respective concepts
in fact, we can find that bitcoin is the best proct to use blockchain technology. The reason why benzhongcong created bitcoin is also e to the over issuance of US currency and the intervention of monetary policy. Bitcoin doesn't have to worry about these things. That's why bitcoin is a decentralized currency