A Hydropower Hub in China Reveals “Blockchain Computing”

The government of the Chinese province of Yunnan ready to support local blockchain development.

The plan was published on Friday.

Part of the development is by providing state subsides to startups in the space for rent and talent recruitment.

As of April 2020, alternative Finance data shows that mining facilities in Yunnan accounted for 5.4% of the global bitcoin computing power.

These mining farms have sourced electricity directly from hydropower plants

Author: mBRzeVZxHo

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