{"id":44035,"date":"2021-06-09T13:58:58","date_gmt":"2021-06-09T10:58:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=44035"},"modified":"2025-08-31T15:10:04","modified_gmt":"2025-08-31T12:10:04","slug":"xinjiang-residents-of-one-of-the-largest-mining-hubs-ordered-to-halt-operations","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/xinjiang-residents-of-one-of-the-largest-mining-hubs-ordered-to-halt-operations\/","title":{"rendered":"Xinjiang: Residents of one of the largest mining hubs ordered to halt operations"},"content":{"rendered":"<p>Bitcoin miners at the Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinjiang, have been ordered by local authorities to cease activities immediately.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">According to a document spreaded on Weibo, Changji (in Xinjiang China) Development and Reform Commission required of Xinjiang ZhunDong development zone management committee to suspend production of virtual currency mining enterprise before 2 PM, June 9 for rectification. <a href=\"https:\/\/t.co\/h6vaRKnHGe\">pic.twitter.com\/h6vaRKnHGe<\/a><\/p>\n<p>\u2014 8BTCnews (@btcinchina) <a href=\"https:\/\/twitter.com\/btcinchina\/status\/1402546427847344128?ref_src=twsrc%5Etfw\">June 9, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The regional Reform and Development Commission ordered all operations to be wound down by 14:00 on June 9 local time.<\/p>\n<p>The park covers 15,500 square kilometres. The area hosts a range of companies involved in coal mining and the use of electricity generated from it.<\/p>\n<p>The notice refers to the \u201cMeasures for the Energy-Saving Evaluation of Investment Projects,\u201d adopted by China\u2019s National Development and Reform Commission.<\/p>\n<p>Xinjiang hosts more computing power than the other well-known mining province, Inner Mongolia, where authorities have also launched <a href=\"https:\/\/u1f987.com\/en\/news\/inner-mongolia-authorities-launch-crackdown-on-illegal-cryptocurrency-mining\">a campaign against cryptocurrency mining<\/a>. Miners based there have been relocating equipment to other regions since March.<\/p>\n<p>According to <a href=\"https:\/\/charts.coinmetrics.io\/network-data\/\">Coin Metrics<\/a>, after <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-mining-difficulty-falls-by-16\">a reduction in mining difficulty<\/a> following the latest recalculation, by June 8 the network hashrate rose slightly to 156 EH\/s. On May 17 the metric had fallen to 124.5 EH\/s after the crackdown on illicit mining in Inner Mongolia.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"405\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-470-1024x405.png\" alt=\"In Xinjiang, residents of one of the largest mining hubs ordered to halt operations\" class=\"wp-image-138410\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-470-1024x405.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-470-300x119.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-470-768x303.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/1-470-1536x607.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/1-470.png 1815w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: CoinMetrics.<\/figcaption><\/figure>\n<p>On May 21, Vice Premier Liu He said that authorities planned to take measures against <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-falls-below-37000-on-news-of-chinas-mining-ban\">cryptocurrency mining and the trading of Bitcoin<\/a>. <\/p>\n<p>Xinhua News Agency subsequently <a href=\"https:\/\/u1f987.com\/en\/news\/china-criticises-bitcoin-and-mining-market-falls\">criticised digital gold and the methods used to mine it<\/a>.<\/p>\n<p>Earlier, officials in Sichuan, one of the world\u2019s bitcoin mining hubs, <a href=\"https:\/\/u1f987.com\/en\/news\/media-sichuan-to-assess-impact-of-bitcoin-mining-ban-on-the-energy-sector\">held a seminar<\/a> on the use of surplus hydropower under the ban. Media reported that the meeting with local miners <a href=\"https:\/\/u1f987.com\/en\/news\/sichuan-authorities-meet-local-miners-in-a-positive-mood\">took place in a cordial atmosphere<\/a>, but without resolutions.<\/p>\n<p>Follow ForkLog on <a href=\"https:\/\/twitter.com\/ForkLog\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin miners at the Shandong Economic and Technological Development Park, based in Changji Prefecture, Xinjiang, were ordered by local authorities to cease operations immediately.<\/p>\n","protected":false},"author":1,"featured_media":44036,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,133,1137,1306],"class_list":["post-44035","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-china","tag-cryptocurrency-mining","tag-mining-ban"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44035","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=44035"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44035\/revisions"}],"predecessor-version":[{"id":44037,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/44035\/revisions\/44037"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/44036"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=44035"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=44035"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=44035"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}