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A household consumes 35,000 kWh of electricity per month! Under the strict control of virtual mining, small cracks have not disappeared

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Since virtual virtual “mining” leads to high energy consumption and poses financial risks, the companies involved have resorted to strict monitoring.

The maintenance and repair of the electrical equipment of many tightly supervised “mining” companies is also stronger, and the consumption of electricity has continued in the past until exhaustion of mining machines and IP surveillance. After many options, bitcoin mining in China calculates cliff energy loss, and virtual currency “mining” has been banned completely in China. Although tangible results are being obtained from the ongoing maintenance work, some new issues emerging in some areas are still significant.

Under strict control, domestic electricity consumption returns to zero.

Xiaosan “mining” has not disappeared.

Hong Jian (pseudonym) is a broadcaster for a Shanghai-based film production company. His colleagues and friends would not have thought that such a young man “had me at home”, checked in daily.

For three years, Hong Jian, from his hometown of Jiangsu across the river, asked his father to activate the system and use the remote control software to become a “mining machine” that extract of virtual currency. As of mid-October, monthly electricity consumption was 35,000 kWh. . He is. , well beyond the average inhabitant, and the energy consumption of a household and industry is classified according to household differences and affected energy use.

In fact, Hong Ji-an initially remotely built a machine in his hometown for the purpose of “video rendering” at work, but saw the virtual currency craze and transformed the field of his three-story house. in a “mine”. “And successively more than 50 tools join the” mining force “.

“Bitcoin needs special miners, and the only computer equipment can be my ether. At the start of 2017, the ether was only $ 10 each, but by the start of 2018 it was up to $ 1,000.” Hong Jian said. .

The media news looks at the field. There are two units on our third base, they have a card, and the above cards, and large fans on the wall. Others are stocks filled with technology. Open the operator and enter the “profession” and move the words “auto mining”.

As more and more machines are purchased, ordinary private electricity cannot meet “mining” demand, Hong Jian requested the installation of a 250 kv transformer in local power generation under the title of “Sales and IT services”. own and operate a home. On average, 3 Ether Coins can be mined in a month before being registered as an Unusual Electronic User.

Hong Ji-an said, “The monthly electricity bill is over 20,000 yuan, the equipment investment is the same, and there is no income. Please stop.

Virtual currency “mining” refers to the process of counting and creating virtual currencies by focusing on “mining machines” that consume a lot of energy. In September this year, the National Development and Reform Commission and 11 other agencies jointly released data on the topic of “mining,” banning new virtual “mining” projects and valuing existing jobs.

Reporters said that due to the high energy consumption, the layout of the large-scale and industrial “mine” project is mainly Inner Mongolia, Xinjiang, Sichuan and Yunnan. In order to absorb more electricity and boost local taxes and improve the economy, some regions have increased investments on behalf of IT companies to perform “management” functions.

On May 21 this year, the Committee on State Security, Economy and Development held its 51st meeting, addressing issues of financial risk prevention and control, “to eliminate mining and trade in bitcoins and carefully prevent the spread of personal danger to humans. ” It is considered to be the first time that the outside world has explicitly condemned the “commerce” of Bitcoin and the country’s economy. As a result, some “mine” operations collected from 11 factories were closed quickly and “large mines” “with millions of kilowatt hours of electricity per day were easily wiped out”.

According to data released by the Cambridge Alternative Finance Research Center in October this year, China’s share of calculator demand for global Bitcoin “activity” activity will increase in May and July 2021. It has increased from 44 % to 0. Cambodia has become a new mining site. In 2019, China’s share of world Chinese power was quarterly.

“These statistical data show that the strength of Bitcoin’s ‘mining’ in China is now ‘zero in operation’ at the macro level.” Professor Liu Xiaoley, director of the finance department of Guanghua Business School of Peking University, said, “but not including the use of foreign personnel, etc.” “. country. .

Depending on local circumstances, large “industrial” enterprises such as housing are totally banned in Korea, but the attitude of human “mining” remains prevalent in many places.

The Jiangsu Provincial Telecommunications Bureau posted information on its official website in October this year, and a visit to Jiangsu Province revealed that a total of Internet IP addresses were involved in the “mining.” power calculation. . 260,000 kWh / day. Mining activities focus on virtual currencies such as Ethereum and Bitcoin.

Following these leaders, the reporter traveled to Xuzhou, Changzhou, Suzhou, Nantong and other towns and villages to explore and research, but did not find any major “only mining” project. Most of the certified “mining” IP addresses are private “mining” activities, for example the “mining” IP addresses identified by Xuzhou have joined two online stores.

This kind of “little” guy hiding in homes and internet cafes is also available in other places. For example, in October last year, residents of a community in Beijing’s Chaoyang district used a firefighting system to use a computer for “research” purposes, it was reported. announced and recognized. At the same time, supervision in Jiangsu, Zhejiang and other places has shown the intention to use public capital to engage in “mining operations”.

Good results thanks to major improvements

There is also a blind spot in the “mining” of personal care.

Regarding the next phase of reform, National Development and Reform Commission spokesman Meng Wei said at a regular press conference in November this year: They will be trained to keep costs down. value of the “mining market”.

Policies have increased in many areas. However, through local visits, the reporter learned that different regions also face difficulties in complying with the rules due to the free availability of various resources. . At the same time, due to the large number of supervisors involved, there were issues such as poor communication between buildings, poor coordination, and lack of energy and cohesion. In particular, there is also a blind spot in the management and administration of the non-partisan activities involved in the “mining industry” that occurs at this point.

“Naturally decentralized mining is not a large-scale organization or organization. The National Development and Reform Commission and the Ministry of Industry and Information Technologies have no way of interfering with this type of exploitation ”. Qi, CEO of the Wuxi Digital Economy Research Institute, said in the past there has been more oversight. This should be corrected from the point of view of restricted speculation on cryptocurrencies. Whether it is a “business” of a business or an individual, many businesses will happen. After digging “mining”, you can block the leader from this link. But if there is no change after the excavation, it is very difficult to study and process.

An official from the Urban Development and City Reform Commission said: “On October 12 of this year, we received the first category of virtual ‘mining’ results. See the list of our administrators Note that no there are no specific rules for “exclusive” behavior.

“Under our law, all four households we surveyed were home users, but unless they steal or pay their utility bills, we cannot release one. Restrict them to surveillance. more than constant. ”Grid Jiangsu Province, director of the city’s power company, said that if you pay according to the electricity tariffs in industry and economy, the electricity tariffs will be cheaper.

“In terms of network security, the staff can only monitor traffic and not use electricity,” said the director of the city and town network information office.

“The problem cannot be easily identified by the cost of the electricity used. Today, most “mining operations” are self-sufficient and consume less energy. Information input from higher education institutions, communications management and other departments can be ensured. “The supervisor said that” the mining industry “is a kind of electricity, and in order to complete the whole process or supervise the whole chain, it is necessary to examine the water flow, including the energy, electricity consumption and capital.

Separation of “string” and “part”

Create tight integration of digital technology and real commerce

Due to the decentralization mechanism, cryptographic algorithms, and other features, virtual currency may be left unattended, and restrictions or high pressure monitoring of virtual currency may not cease until the situation is cleared. resolved. .

“Virtual currencies and other crypto assets are financially viable and when traded they should be carefully monitored.” Liu Xiaolei looked at many ties in the legacy of the crypto industry and said it was either a “running” front end or not. , advertising or commercial relations are strictly regulated in their country. The main problem with virtual currencies is that they are not tied to trade values. However, China’s attitude to the surveillance of crypto assets has always been a separation of “chain” and “money”. Improved support for blockchain technology and risk protection of crypto products.

Liu Xiaolei believes China’s blockchain industry still has a lot to do with regulatory support. “In the past, our country has clearly documented the importance of manufacturing, and the commodity market is still powerless. Big data management rules have raised the standard as blockchain storage, according to.

Blockchain technology is very good, but the reality of its application is the desire to share the trust of the parties, but often the application problems are difficult to achieve. While working on the ‘Chain’ project, I noticed that a controversy arose between the companies. Blockchain technology was the first classification, but it eventually became a blockchain in many buildings, recreating what is called decentralization and centralization. worth learning.

Experts interviewed often expressed support for overseeing the separation of ‘chain’ and ‘coin’, and felt that technologies such as blockchain technology should exist. protection and support when fighting virtual currency. China has the advantages of big data and rich applications, and the future applications have been vast. However, how these businesses are affected or depend on the nature of the financial breach and the extent of individual rights and responsibilities. gone clearly ?? , the development of big data management system is also a future concern.

Several interview experts, including Mao Haijun, dean of Namdong University Jiaotong College, made the following remarks. First, it defines the legitimacy of an individual (family) virtual currency “mining” function and specifies the function to be included in the capital layer. Edit.

The second is to integrate goal monitoring, clarify areas of authority and responsibility, and resolve issues in a timely manner that are inconsistent in the work process. At the same time, through the cooperation of power plants, communication and public security, to supervise research and development, and destroy the “” business “is illegal by monitoring the time of poor energy consumption and network connectivity. .

The third is to prevent and regularly advance technologies such as blockchain technology.

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