Super Bitcoinman will need to hide his secret mining identity (Image credit: Shutterstock)

Cryptocurrency miners are going to have to leave Inner Mongolia. Bloomberg today reported that the autonomous region within the People’s Republic of China recently banned cryptocurrency mining in an effort to reduce its power consumption in 2021.

The Inner Mongolia Development and Reform Commission announced the plan, which has yet to go into effect, on February 25. Bloomberg said the draft plan would ban “new digital coin projects” in addition to the mining of existing cryptocurrencies.

empty message

empty message

empty message

empty message

empty message