China has issued a warning to its own state-owned firms to desist from crypto mining as it contemplates imposing harsher penalties on defaulters. The state is currently considering imposing stiffer expenses on energy. The Chinese government’s latest warning comes barely two months removed from when it first cracked down on Bitcoin mining and other crypto-related activities in the country. According to Beijing, Bitcoin mining poses a credible threat to the country’s carbon neutral goals. In addition, it also results in a lot of energy wasted due to the energy-intensive nature of the mining process. The Chinese government even ascribed deadly…