The Digital Source For China's Tech Innovation Since 2000

Search
Close

China catches a bunch of banned crypto miners stealing electricity amid energy crisis

October 16, 2021
Source: newsus.app newsus.app
News Snapshot:
China has found that many cryptocurrency miners steal electricity from government agencies and other public establishments at a time when the country is suffering from a power shortage, according to a Bloomberg report published on Friday. Officials in two eastern provinces, Zhejiang and Jiangsu, have recently begun targeting miners who consume the resources of state-owned enterprises, government agencies, thinkies and universities, according to the report, which submits government and media reports that did not call the entity. . Jiangsu province found that about one-fifth of the roughly 4,500 Internet Protocol addresses related to illegal mining activities belonged to state institutions,...
Go To Original Source →
Tags: Beijing | bitcoin | blockchain | Bloomberg | China | cloud | crypto | cryptocurrency | currency | Economy | energy | finance | fintech | government | illegal | Internet | Internet Protocol | IT | Jiangsu | media | power | report | technology | United States | Zhejiang

Other Related News:

Russian founder of cryptocurrency exchange arrested in Miami, accused of dealing with dirty money as part of "high-tech axis of crypto crime"

January 19, 2023

Bitzlato crypto exchange founder charged with illegal transfers of $700 million

January 19, 2023

Big Tech braces for dismal profits, more job cuts

January 19, 2023

Microsoft to shed 10,000 jobs, adding to glut of tech layoffs

January 19, 2023

A Drive to Understand National Capabilities in Critical Technologies The New York Times

January 19, 2023

Texas universities ban TikTok

January 19, 2023

Law Firm Investigating Diablo Immortal For False Advertising

January 19, 2023

PREVIEW-Big Tech braces for dismal profits, more job cuts

January 19, 2023

Apple wants to control everything from its chips to screens

January 19, 2023
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2023 ChinaTechNews.com. A Service of Asia Media Network.
Twitter