China’s capital probes cryptocurrency mining -sources – Reuters

China’s capital probes cryptocurrency mining -sources – Reuters

BEIJING, April 29 (Reuters) - The Chinese capital city of Beijing is conducting a check on data centres involved in cryptocurrency mining to better understand their impact on energy consumption, according to sources and a document seen by Reuters.

The Beijing Municipal Bureau of Economy and Information Technology on Tuesday sent an “emergency notice” to the city's data centre operators to report if they're involved in bitcoin and other cryptocurrency mining businesses.

If so, they need to report the amount, and share, of power consumed by cryptocurrency mining, according to the notice.