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Sino-Singapore Jingwei Client, July 15 (Zhang Meng) On the 14th,the topic #安徽免费去白币货币货气气查计划# appeared on Weibo's hot search. It is reported that Anhui will strictly control new projects with high energy consumption and high power consumption, and comprehensively clean up and shut down virtual currency mining projects consstr ucted under various names. So far, Anhui has become the sixth province in the country to clean up virtual currency mining projects.

On May 21 this year, the Financial Stability and Development Committee of the State Council held its 51st meeting and mentioned that Bitcoin mining and trading activities should be cracked down, and individual risks should be resolutely prevented from being transmitted to the social field.

Regarding why Bitcoin mining and trading should be cracked down, Fan Yifei, deputy governor of the central bank, pointed out at a briefing of the State Council Information Office on July 8 that private digital currencies including Bitcoin and various "stable coins" have become a speculative It becomes a payment tool for some money laundering and illegal economic activities, which has the potential risk of threatening financial security and social stability, and may bring risks and challenges to the international monetary system, payment and settlement system, etc.

According to public reports, virtual currency mining is generally concentrated in Xinjiang and Inner Mongolia, which are rich in thermal power, and Yunnan, Sichuan, and Guizhou, which are rich in hydropower.

According to incomplete statistics, as of now, 6 provinces including Inner Mongolia, Yunnan, Xinjiang, Qinghai, Sichuan, and Anhui have cleared and shut down virtual currency mining projects.

Among them, a series of cleaning actions in Inner Mongolia received the most attention. On February 25, the Inner Mongolia Development and Reform Commission issued "Several Guarantee Measures for Ensuring the Completion of Energy Consumption Dual Control Targets in the 14th Five-Year Plan" (Draft for Comments), proposing that virtual currency mining projects will be fully cleaned up and shut down by the end of April 2021. All withdraw, and it is strictly forbidden to create new virtual currency mining projects. On May 18, the Inner Mongolia Development and Reform Commission announced the establishment of a virtual currency "mining" enterprise reporting platform. On May 25, the Inner Mongolia Development and Reform Commission proposed different crackdown and punishment strategies according to the eight types of targets.

Professor Pan Helin, executive dean and professor of the Digital Economy Research Institute of Zhongnan University of Economics and Law, told reporters from China-Singapore Jingwei that there are two main reasons for the shutdown of virtual currency mining projects in various places: one is that the country has already defined the nature of virtual cryptocurrency, and domestic Comprehensive rectification of virtual currency, all regions respond to the call of the state to govern virtual currency mining projects. The second is that there are carbon emission tasks in various places. Under the pressure of energy conservation and emission reduction in the future, mining consumes a lot of energy, which is not conducive to local promotion of energy conservation and emission reduction, so it has become inevitable to clear mining.

Pan Helin predicted that in the future, virtual currency mining projects will be shut down nationwide. Since it has been set as illegal and cracked down, it will eventually spread to the whole country.