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While Chinese bitcoin miners escaped the crackdown, Sichuan hydropower plants weren’t so lucky – Bitcoin News

August 3, 2021
Source: socialmediagossips.com socialmediagossips.com
News Snapshot:
Regional reports from China show that government officials have audited over 5,100 small hydropower plants to get them to adapt to China’s rehabilitation and rectification process on future energy sources. China has pledged to be carbon neutral and ultimately zero carbon emissions by 2060, and the recent raids on bitcoin miners and small power plants have been fueled by that goal. Hydropower plants in Sichuan and Yangtze are feeling the effects of recent crackdowns on power generation and consumption in China In the past few months, China’s goal of reducing net carbon emissions to zero in 39 years has hit...
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