China threatens to increase power prices in the country if state-owned businesses won’t stop cryptocurrency mining. Speaking at a press conference on Tuesday, Meng Wei, a spokeswoman at the National Development and Reform Commission, said the commission is set to impose a ban on industrial-scale Bitcoin mining in China. And any involvement in crypto mining by state companies will be met with harsh repercussions. In a special meeting held last week, the chief economic planner covered the issue and gave provinces and municipalities the onus to investigate, clean up, and bring to book state-owned enterprises involved in cryptocurrency mining activities….