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CX Daily: The Fall Of China's Last Bitcoin Mining Haven


CX Daily: The Fall Of China’s Last Bitcoin Mining Haven
An ethnic Tibetan woman in Sichuan province’s Heishui county carries components of cryptocurrency mining machines that were sent from the Xinjiang Uyghur autonomous region on May 2. Photo: Ding Gang/Caixin
Bitcoin /
For the past year and a half,
the loud whirring of tens of thousands of high-power computers filled a cavernous warehouse round-the-clock, making a stark contrast with the hushed forests of the Ngawa Tibetan and Qiang autonomous prefecture in Southwest China’s Sichuan province.
This computational arsenal belonged to a crypto mining farm, a facility crammed wall-to-wall with specialized computers dedicated to solving the complex math problems that keep the network running, and earning new Bitcoin along the way. “That’s the sound of cash coming in,” said Ye Lang (pseudonym), the 40-year-old manager of the two-floor facility in the prefecture’s Heishui county. ....

United States , Ye Lang , Lloyd Austin , Sinovac Covid , Ren Yi , Zheng Jianhua , Abdul Ghani Baradar , Su Qing , Wang Yi , Alibaba Taobao , Shanghai Electric Group , Ant Group Co , Education Technology Group Inc , Daxing International Airport , International Institute For Strategic Studies , Foreign Ministry , Huawei Technologies Co , China Supreme People Court , Tesla Inc , Association Of Southeast Asian Nations , Ministry Of Foreign Affairs , Turkestan Islamic Movement , Didi Global Inc , Ngawa Tibetan , Southwest China , Ant Group ,

China's Shanghai Electric to start operation of Panchevo CHP plant in Serbia by Oct 1

China's Shanghai Electric to start operation of Panchevo CHP plant in Serbia by Oct 1
seenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seenews.com Daily Mail and Mail on Sunday newspapers.

Serbia General , Gazprom Energoholding , Huang Zhengming , Shanghai Electric Group , China Shanghai Electric Group , Electric Group , Zorana Mihajlovic , ஷாங்காய் மின்சார குழு , சீனா ஷாங்காய் மின்சார குழு , மின்சார குழு ,

Energy Insider: Shanghai Electric Probed for Disclosure Violations; Sinopec Builds China's Largest Carbon-Capture Project


Energy Insider: Shanghai Electric Probed for Disclosure Violations; Sinopec Builds China’s Largest Carbon-Capture Project
In today’s Caixin energy news wrap: Coal-rich Shanxi province plans to expand government coal reserves by 3 million tons this year; provinces move to curb steel production; China’s largest carbon capture project starts construction in Shandong; and a leading energy equipment maker is under investigation.
Sinopec builds China’s largest carbon-capture project
State energy giant Sinopec started building a carbon capture, utilization and storage (CCUS) project in Eastern China’s Shandong province, the largest of its kind in the country, the company said. The project, to be put into operation by the end of 2021, is expected to reduce carbon emissions by 1 million tons a year. The project consists of two parts – Sinopec Qilu s carbon dioxide capture and Shengli Oilfield s carbon dioxide displacement and storage. Sinopec Qilu captures carbon d ....

Chan Wei , Sinopec Qilu , Bob Simison , Shanghai Electric Group , National Development , Reform Commission , Power Investment Corp , Huayang New Material Technology Group , Luan Chemical Group , Jinneng Holding Group , Guizhou Xineng Electric Power Construction Co , China Securities Regulatory Commission , Energy Holdings Ltd , Coal Rich Shanxi , Eastern China , Shengli Oilfield , Electric Group , Shanghai Electric , Shanxi Coking Coal , Huayang New Material Technology , Hwabao Securities , Tianqi Lithium , State Power , Energy Holdings , Guizhou Xineng Electric Power Construction , State Power Investment ,

Shanghai Electric Wind Power Group launches IPO on SSE STAR market