On October 8, it was learned from the Jiangsu Provincial Communications Administration that Jiangsu took the lead in comprehensively investigating virtual currency “mining” behavior.
According to the Jiangsu Provincial Communications Administration,The monitoring found that the export traffic of mining pools in our province carrying out virtual currency activities reached 136.77Mbps, and the total number of Internet IP addresses participating in “mining” was 4502, which consumed more than 10PH/s of computing power and consumed 260,000 kWh/day.
Take Ethereum and Bitcoin, which have more virtual currency “mining” activities in the province, as examples. The cities with more “mining” are Suzhou, Xuzhou, and Nanjing. From the perspective of the ownership and nature of IP addresses, about 21% of the people belonging to party and government agencies, universities, and enterprises were invaded and used to conduct virtual currency “mining”.
In the next step, the Jiangsu Provincial Communications Administration will continue to carry out virtual currency “mining” situation analysis, and further cooperate with relevant departments to form a “multi-dimensional, multi-level” disposal system, dispose of relevant websites and mobile applications in accordance with the law, and cooperate in doing so. Good traceability and crackdown on illegal virtual currency transactions.
Recently, the National Development and Reform Commission and other departments issued the “Notice on Regulating Virtual Currency “Mining” Activities”. The notice pointed out that in order to effectively prevent and dispose of the hidden risks of the blind and disorderly development of virtual currency “mining” activities, we will further promote energy conservation. Reduce emissions, help achieve the carbon peak and carbon neutral targets as scheduled, and promote relevant actions in particular.
The notice requires a comprehensive review of virtual currency “mining” projects, prohibits investment in new projects, and speeds up the orderly exit of existing projects, etc.
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