Chinese authorities are investigating illegal hydro plants
The Sichuan provincial government in China has begun a study of local mining plans built without official permission from the authorities.
The local edition has published a document in which it is reported that the land resources bureau found illegal Bitcoin farms. The equipment was installed without appropriate permits. The farms were located on the territories of hydroelectric power plants.
In this regard, a committee was formed to solve the problem of illegal construction.
The representative of the Bureau of Economic and Informational Issues reports:
"We are still investigating on the issue and can’t disclose more details on the overall situation."
Mining farms were built at hydroelectric power stations along the perimeter of the Dadu River in northwest Sichuan: electricity prices are much lower in this area. The representative of the department commented on the situation:
"If a bitcoin mining farm is built within the authorized area of a power station for electricity consumption, we need to verify if their usage is legal. If it’s outside the authorized area, then it needs to be dealt with as the construction was not approved."
An official from the Economic and Information Bureau stated that construction of projects aimed at bitcoin mining is prohibited on the land of Harz County.
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