Siberia sounds electricity alarm over cryptocurrency crackdown in China

October 13, 2021

In a letter to Deputy Prime Minister Alexander Novak quoted by the Irkutsk region’s irk.ru news website, Kobzev raised the alarm over an “avalanche-like increase in electricity consumption by ‘underground miners’ at consumer prices.” The warning to Moscow from Irkutsk region governor Igor Kobzev comes a month after China’s central bank ruled all financial transactions involving cryptocurrencies illegal.…



Original URL: Click here to visit original article
Posting....