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China's capital probes cryptocurrency mining -sources
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2021-04-05
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","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109174064","repostId":"1121982620","repostType":4,"repost":{"id":"1121982620","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1619677666,"share":"https://www.laohu8.com/m/news/1121982620?lang=&edition=full","pubTime":"2021-04-29 14:27","market":"fut","language":"en","title":"China's capital probes cryptocurrency mining -sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1121982620","media":"Reuters","summary":"BEIJING, April 29 (Reuters) - The Chinese capital city of Beijing is conducting a check on data cent","content":"<p>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.</p>\n<p>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.</p>\n<p>If so, they need to report the amount, and share, of power consumed by cryptocurrency mining, according to the notice.</p>\n<p>An official of the bureau, who declined to be identified, said the probe was directed by city authorities, adding that recipients of the notice include China’s three biggest telecoms operators.</p>\n<p>He said he was not aware of the reason behind the effort, or whether it is part of a nationwide campaign.</p>\n<p>Last month, the Chinese region of Inner Mongolia said it would shut down all cryptocurrency mining projects by the end of April as part of broader efforts to improve energy efficiency.</p>\n<p>Cryptocurrency miners use specially-designed computer servers to verify cryptocurrency transactions in the process of producing newly minted virtual currencies, such as bitcoin.</p>\n<p>The process requires huge amounts of computing power, and thus electricity. Chinese regions including Inner Mongolia, Sichuan, Yunnan and Xinjiang are attractive “mining” spots due to low electricity prices, though Beijing is not seen as a major cryptocurrency mining centre.</p>\n<p>Last week, a sweeping security inspection at power plants in Xinjiang following a coal mine accident disrupted cryptocurrency mining and contributed to volatility in bitcoin prices.</p>\n<p>However, China’s role as a hub for cryptocurrency mining has been eroded by its ban on crypto exchanges and initial coin offerings (ICOs).</p>\n<p>Edward Lu, senior vice president of Canaan Inc, a Chinese maker of cryptocurrency mining machines, said it increasingly serves clients in places such as Canada, northern Europe and central Asia, which have cheap and abundant electricity and clear and predictable regulations.</p>\n<p>“China used to be a place where cryptocurrency mining was thriving, but the business is shrinking due to policies,” Lu said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's capital probes cryptocurrency mining -sources\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-29 14:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>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.</p>\n<p>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.</p>\n<p>If so, they need to report the amount, and share, of power consumed by cryptocurrency mining, according to the notice.</p>\n<p>An official of the bureau, who declined to be identified, said the probe was directed by city authorities, adding that recipients of the notice include China’s three biggest telecoms operators.</p>\n<p>He said he was not aware of the reason behind the effort, or whether it is part of a nationwide campaign.</p>\n<p>Last month, the Chinese region of Inner Mongolia said it would shut down all cryptocurrency mining projects by the end of April as part of broader efforts to improve energy efficiency.</p>\n<p>Cryptocurrency miners use specially-designed computer servers to verify cryptocurrency transactions in the process of producing newly minted virtual currencies, such as bitcoin.</p>\n<p>The process requires huge amounts of computing power, and thus electricity. Chinese regions including Inner Mongolia, Sichuan, Yunnan and Xinjiang are attractive “mining” spots due to low electricity prices, though Beijing is not seen as a major cryptocurrency mining centre.</p>\n<p>Last week, a sweeping security inspection at power plants in Xinjiang following a coal mine accident disrupted cryptocurrency mining and contributed to volatility in bitcoin prices.</p>\n<p>However, China’s role as a hub for cryptocurrency mining has been eroded by its ban on crypto exchanges and initial coin offerings (ICOs).</p>\n<p>Edward Lu, senior vice president of Canaan Inc, a Chinese maker of cryptocurrency mining machines, said it increasingly serves clients in places such as Canada, northern Europe and central Asia, which have cheap and abundant electricity and clear and predictable regulations.</p>\n<p>“China used to be a place where cryptocurrency mining was thriving, but the business is shrinking due to policies,” Lu said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NCTY":"第九城市","EBON":"亿邦国际","CAN":"嘉楠科技","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121982620","content_text":"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.\nThe 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.\nIf so, they need to report the amount, and share, of power consumed by cryptocurrency mining, according to the notice.\nAn official of the bureau, who declined to be identified, said the probe was directed by city authorities, adding that recipients of the notice include China’s three biggest telecoms operators.\nHe said he was not aware of the reason behind the effort, or whether it is part of a nationwide campaign.\nLast month, the Chinese region of Inner Mongolia said it would shut down all cryptocurrency mining projects by the end of April as part of broader efforts to improve energy efficiency.\nCryptocurrency miners use specially-designed computer servers to verify cryptocurrency transactions in the process of producing newly minted virtual currencies, such as bitcoin.\nThe process requires huge amounts of computing power, and thus electricity. Chinese regions including Inner Mongolia, Sichuan, Yunnan and Xinjiang are attractive “mining” spots due to low electricity prices, though Beijing is not seen as a major cryptocurrency mining centre.\nLast week, a sweeping security inspection at power plants in Xinjiang following a coal mine accident disrupted cryptocurrency mining and contributed to volatility in bitcoin prices.\nHowever, China’s role as a hub for cryptocurrency mining has been eroded by its ban on crypto exchanges and initial coin offerings (ICOs).\nEdward Lu, senior vice president of Canaan Inc, a Chinese maker of cryptocurrency mining machines, said it increasingly serves clients in places such as Canada, northern Europe and central Asia, which have cheap and abundant electricity and clear and predictable regulations.\n“China used to be a place where cryptocurrency mining was thriving, but the business is shrinking due to policies,” Lu said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349731576,"gmtCreate":1617636860795,"gmtModify":1704701255892,"author":{"id":"3575120195097256","authorId":"3575120195097256","name":"Awergf","avatar":"https://static.tigerbbs.com/370dc286d2ea1b41cec838afcd627efb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349731576","repostId":"1174785415","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":349731576,"gmtCreate":1617636860795,"gmtModify":1704701255892,"author":{"id":"3575120195097256","authorId":"3575120195097256","name":"Awergf","avatar":"https://static.tigerbbs.com/370dc286d2ea1b41cec838afcd627efb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"1","listText":"1","text":"1","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/349731576","repostId":"1174785415","repostType":4,"isVote":1,"tweetType":1,"viewCount":308,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109174064,"gmtCreate":1619678277258,"gmtModify":1704727869061,"author":{"id":"3575120195097256","authorId":"3575120195097256","name":"Awergf","avatar":"https://static.tigerbbs.com/370dc286d2ea1b41cec838afcd627efb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/109174064","repostId":"1121982620","repostType":4,"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165917167,"gmtCreate":1624086795959,"gmtModify":1703828610102,"author":{"id":"3575120195097256","authorId":"3575120195097256","name":"Awergf","avatar":"https://static.tigerbbs.com/370dc286d2ea1b41cec838afcd627efb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165917167","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":157,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109174664,"gmtCreate":1619678306858,"gmtModify":1704727869872,"author":{"id":"3575120195097256","authorId":"3575120195097256","name":"Awergf","avatar":"https://static.tigerbbs.com/370dc286d2ea1b41cec838afcd627efb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Tt","listText":"Tt","text":"Tt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/109174664","repostId":"1105054158","repostType":4,"repost":{"id":"1105054158","weMediaInfo":{"introduction":"全球第五大财经门户网站Investing.com中国官方微信，提供全球各国海量金融资讯和实时行情数据，包括股票股指、外汇、期货、基金、债券、加密货币等。关注全球金融市场动态的投资者千万不可错过。","home_visible":1,"media_name":"英为财情Investing","id":"92","head_image":"https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313"},"pubTimestamp":1619677538,"share":"https://www.laohu8.com/m/news/1105054158?lang=&edition=full","pubTime":"2021-04-29 14:25","market":"us","language":"en","title":"Do-Nothing Week For The S&P 500; What To Expect From Facebook And Google","url":"https://stock-news.laohu8.com/highlight/detail?id=1105054158","media":"英为财情Investing","summary":"This is quickly turning into a do-nothing week for theS&P 500with each day amounting to little more ","content":"<p>This is quickly turning into a do-nothing week for the<b>S&P 500</b>with each day amounting to little more than a tenth of a percent swing in either direction.</p>\n<p>As anti-climatic as this benign trade feels, stability is not a bad thing. Remember, boring markets are bullish markets. Free from outside pressures, almost all stock owners would prefer holding for higher prices and that is exactly what they are doing here.</p>\n<p>While this feels like watching paint dry, it could be worse. And in fact, it will get worse soon enough. Enjoy these easy days while they last because increased volatility is just around the corner. We don’t know what will cause the next drop or when it will happen, but it always comes eventually, often when we least expect it.</p>\n<p>Until then, a market that refuses to go down will eventually go up. While the going is slow, as long as we keep getting more up than down, everything is going according to plan.</p>\n<p>Don’t fight what is working. Keep holding for higher prices as long as the market remains above our stops.</p>\n<p><b>Facebook</b>(NASDAQ:FB) and<b>Alphabet</b> (NASDAQ:GOOGL) are riding the wave of aggressive ad buying higher. As bad as this economy looked 12 months ago, businesses are confident and in fact, the biggest problem most them have is making enough product to satisfy demand. These industry-leading ad platforms are near all-time highs and expect highs to keep getting even higher.</p>\n<p>And if the<b>FAANG</b>stocks get their mojo back, expect them to lead the entire market higher.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Do-Nothing Week For The S&P 500; What To Expect From Facebook And Google</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDo-Nothing Week For The S&P 500; What To Expect From Facebook And Google\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/92\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/406e2b4996e14cd8a66a2a6864ef4313);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">英为财情Investing </p>\n<p class=\"h-time\">2021-04-29 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>This is quickly turning into a do-nothing week for the<b>S&P 500</b>with each day amounting to little more than a tenth of a percent swing in either direction.</p>\n<p>As anti-climatic as this benign trade feels, stability is not a bad thing. Remember, boring markets are bullish markets. Free from outside pressures, almost all stock owners would prefer holding for higher prices and that is exactly what they are doing here.</p>\n<p>While this feels like watching paint dry, it could be worse. And in fact, it will get worse soon enough. Enjoy these easy days while they last because increased volatility is just around the corner. We don’t know what will cause the next drop or when it will happen, but it always comes eventually, often when we least expect it.</p>\n<p>Until then, a market that refuses to go down will eventually go up. While the going is slow, as long as we keep getting more up than down, everything is going according to plan.</p>\n<p>Don’t fight what is working. Keep holding for higher prices as long as the market remains above our stops.</p>\n<p><b>Facebook</b>(NASDAQ:FB) and<b>Alphabet</b> (NASDAQ:GOOGL) are riding the wave of aggressive ad buying higher. As bad as this economy looked 12 months ago, businesses are confident and in fact, the biggest problem most them have is making enough product to satisfy demand. These industry-leading ad platforms are near all-time highs and expect highs to keep getting even higher.</p>\n<p>And if the<b>FAANG</b>stocks get their mojo back, expect them to lead the entire market higher.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105054158","content_text":"This is quickly turning into a do-nothing week for theS&P 500with each day amounting to little more than a tenth of a percent swing in either direction.\nAs anti-climatic as this benign trade feels, stability is not a bad thing. Remember, boring markets are bullish markets. Free from outside pressures, almost all stock owners would prefer holding for higher prices and that is exactly what they are doing here.\nWhile this feels like watching paint dry, it could be worse. And in fact, it will get worse soon enough. Enjoy these easy days while they last because increased volatility is just around the corner. We don’t know what will cause the next drop or when it will happen, but it always comes eventually, often when we least expect it.\nUntil then, a market that refuses to go down will eventually go up. While the going is slow, as long as we keep getting more up than down, everything is going according to plan.\nDon’t fight what is working. Keep holding for higher prices as long as the market remains above our stops.\nFacebook(NASDAQ:FB) andAlphabet (NASDAQ:GOOGL) are riding the wave of aggressive ad buying higher. As bad as this economy looked 12 months ago, businesses are confident and in fact, the biggest problem most them have is making enough product to satisfy demand. These industry-leading ad platforms are near all-time highs and expect highs to keep getting even higher.\nAnd if theFAANGstocks get their mojo back, expect them to lead the entire market higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
