Cryptocurrency Mining Up for Elimination In China for Being Wasteful and ‘Backward’

The lucrative cryptocurrency mining industry is being considered for elimination in China along with numerous sectors and production processes deemed wasteful and “backward.” As reported by the South China Morning Post, the National Development and Reform Commission (NDRC)—a vast agency that plans the Chinese economy—announced on Monday the start of a public comment period regarding… Continue reading Cryptocurrency Mining Up for Elimination In China for Being Wasteful and ‘Backward’