Province in China encourages residents to inform on crypto miners – UPI.com

A Chinese province that has approved new coal-fired power plants is cracking down on cryptocurrency miners as concern rises over emissions.

The Inner Mongolia Development and Reform Commission said that it would create a new hotline for residents to inform on people suspected of crypto mining.

Inner Mongolia in February vowed to shut down cryptocurrency mines to reduce energy consumption, but mining resumes secretly, the Financial Times reported Thursday.

The whistleblower initiative comes at a time when Xi Jinping is seeking to reduce carbon dioxide emissions before 2030 and achieve “carbon neutrality” by 2060, the report said.

Source: Province in China encourages residents to inform on crypto miners – UPI.com