Chinese language authorities are ramping up a crackdown on crypto mining, calling it an “extraordinarily dangerous” apply that threatens to jeopardize the nation’s efforts to cut back carbon emissions. From a report: The Nationwide Improvement and Reform Fee spokesperson Meng Wei blasted bitcoin mining throughout a press convention Tuesday in Beijing. She stated that exercise “consumes numerous power” and “produces numerous carbon emissions.” Meng stated that the NDRC — the nation’s high financial planner — will launch a “full-scale” clampdown on cryptocurrency mining by specializing in business mining and the function of state-owned companies within the trade. She additionally stated…