Currency Economy

Inner Mongolia sets up hotline to report suspected crypto miners

Cryptocurrency31 minutes ago (May 19, 2021 06:40AM ET)Inner Mongolia sets up hotline to report suspected crypto miners

Inner Mongolia sets up hotline to report suspected crypto miners

A new announcement from the Inner Mongolia Autonomous Region Development and Reform Commission, or DRC, has informed the public that they now have a direct way to report on any outlying cryptocurrency operations in the region.

As previously reported, Inner Mongolia was once home to a vast network of crypto mining operators, who collectively accounted for 7.71% of the global Bitcoin (BTC) hash rate between Sept. 2019 and April 2020.

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