Blockchain revolution started because of the proof of work based mining crypto coins. And it was not just the bitcoin but many other proof of work coins are out there. And each of them make use of the servers and the energy bills continue to rise in some places. 

This is one of the reasons many govt agencies and the environment agencies hate the usage of the crypto mining servers. And they have regulated the mining in some nations. While some other nations have decided to add the mining restrictions on the crypto coins. 

China is among the regulators in the world who has managed to add more crypto mining limits. And in some places they have gone to the length to ban the mining completely and this would extend further. 

In this post, I wish to point out how the Chinese Regulators have been tightening their tentacles on the crypto mining. 


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 ![](https://i.imgur.com/7kNJek0.png) 

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### Chinese EV Sector demanding More Power
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China has been growing on the EV sector and this way they have protected the environment in the due process. This requires a lot of electricity and that has been created using the hydraulics and the solar energy. But there are some of the bitcoin miners running their plants through hidden measures. And china wants to curb that. 

So they are making sure to add some regulation and the ban is going to be there for such type of crypto operations. You can check out the regulation update [here](https://www.beijing.gov.cn/zhengce/zhengcefagui/202402/t20240202_3554355.html). This means the new rising demand of the electricity would make the ban and restrictions on mining even more stronger. 

### Crypto Mining Ban Since 2021
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Beijin assembly has pushed for the crypto mining server ban since 2021. And that made the china gets more negative about the crypto. Though they have the blockchian and CBDC of their own. And they have implemented their own payment protocols to give fight to some of the external gateways like UPI etc. But the ban on crypto is how they want to avoid mining expenses. 

You can check out the 2021 ban reference [here](https://www.scmp.com/business/companies/article/3144034/china-electricity-rich-areas-pivot-building-ev-charging-piles). It was initially focusing on the business but later the ban turned out to be on the individual miners and they also started cracking down on hosts and the servers which used to do that. And this would even expand into cloud like Alibaba cloud etc too. 

### EV Growth and Future of Crypto Mining
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It's been more than 15 years now that crypto has created the mining industry. And considering staking and delegation type of the mining is less intrusive on the electrical bills. It is kind of reasonable to say that EV industry is going to be pushing more burden on the minining industry and even make them switch to staking or the delegation based in near future. 

How can I say this? Ethereum already moved to POS and there are more POS blockchains coming in the market. Which are not affecting the crypto mining and the various crypto activities. Proof of work based miners on the other hand are costing china 111 watts as per the data of [infographics](https://www.scmp.com/business/companies/article/3144034/china-electricity-rich-areas-pivot-building-ev-charging-piles). In short there is a strong need to reduce the crypto mining. 

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Chinese regulators are now going to ban the mining servers even more to save on the electricity. They want to push for the EV revolution which would make their nation more environment friendly. This is a good move though china appears more strict on how they are anti-crypto most of the time. 



Posted Using [InLeo Alpha](https://inleo.io/@esmeesmith/chinese-regulators-add-crypto-mining-restrictions)