According to the report, one mining operation in Wenzhou City, Zhejiang Province relied on the resources of a vocational and technical college to power four mining rigs with 32 graphics cards, which are believed to have earned 2.4 ETH over about four months. China has offered a few other reasons why it’s cracking down on crypto mining as well. Perhaps the foremost is the tried-and-true “because I said so” that parents and authoritarian regimes alike can fall back on whenever their motives are questioned. But the most oft-cited reason why China has banned crypto mining is the practice’s environmental impact....