Pan Helin: Cryptocurrency Mining Projects To Close Nationwide In Near Future

Pan Helin, director of Zhongnan University of Economics and Law and professor at the Institute of Digital Economics, said there are two main reasons why many sites have closed their crypto marketing plans. -cash. All the country's virtual currency exchanges. Each region has responded to the state's demand to regulate virtual mineral resources. The second is that there are carbon emissions issues in many places, for the sake of future energy conservation and emission reduction, mining uses more energy, which is not necessary to promote energy conservation and emission reduction in the region. , compensation for mining is inevitable. Pan Helin predicts that in the future, cryptocurrency mining projects will be shut down nationwide. (China-Singapore Jingwei)