By Reuters Staff
3 Min Read
BEIJING, April 29 (Reuters) - The Chinese capital city of Beijing is conducting a check on data centres involved in cryptocurrency mining to better understand their impact on energy consumption, according to sources and a document seen by Reuters.
The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an “emergency notice” to the city’s data centre operators to report if they’re involved in bitcoin and other cryptocurrency mining businesses.
If so, they need to report the amount, and share, of power consumed by cryptocurrency mining, according to the notice.
An official of the bureau, who declined to be identified, said the probe was directed by city authorities, adding that recipients of the notice include China’s three biggest telecoms operators.
Beijing's city authorities have started an inquiry into the involvement of the capital's data centre providers in cryptocurrency mining, a power-intensive operation that could undermine the nation's efforts to reduce emissions. The Beijing Municipal Bureau of Economy and Information Technology released on Tuesday an "emergency notice", which was seen and confirmed by the South China Morning Post, asking data centre operators to report their.
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Big data exchange to aid China s digital drive By CHENG YU | China Daily | Updated: 2021-04-01 09:08 Share A photo shows a night view of the CBD area in downtown Beijing. [Photo/Agencies]
The Beijing International Big Data Exchange, which was set up in the capital city on Wednesday with a registered capital of 200 million yuan ($30.46 million), is expected to play a key role in China s digital economy promotion efforts and facilitate more data-based transactions in the country.
Established by Beijing Financial Holdings Group and government agencies like the Beijing Municipal Bureau of Economy and Information Technology, the exchange will become critical infrastructure for data security, data operations and cross-border data transactions.
From:ChinaDaily | 2021-04-01 09:08
The Beijing International Big Data Exchange, which was set up in the capital city on Wednesday with a registered capital of 200 million yuan ($30.46 million), is expected to play a key role in China s digital economy promotion efforts and facilitate more data-based transactions in the country.
Established by Beijing Financial Holdings Group and government agencies like the Beijing Municipal Bureau of Economy and Information Technology, the exchange will become critical infrastructure for data security, data operations and cross-border data transactions. It will play an important role in cultivating a sound data exchange market to unleash the value of data and drive digital economy. It will be first applied in Beijing, Tianjin and Hebei province and expanded nationwide and globally later, said Yin Yong, vice-mayor of Beijing.