Chinese authorities confiscate tons of Ethereum mining machines in Inner Mongolia By BTC Peers

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© Reuters. Chinese authorities confiscate tons of Ethereum mining machines in Inner Mongolia Chinese authorities have seized over 10,000 crypto mining rigs from a retail park in Inner Mongolia. This is the first bust carried out by China's National Development and Reform Commission (NDRC) since the government tightened its clampdown on crypto trading and mining a few days ago. Chinese state news reported on Monday that authorities received a tip-off on a crypto mining operation in a retail park warehouse in Inner Mongolia. Officials responded and swept through the site, discovering 10,100 mining rigs that were eventually confiscated. Recall that the Chinese government recently beefed up its surveillance on crypto mining operations. The NDRC said it would start observing energy usage levels to help fish out illegal mining farms operating in the region. According to state media, the power consumption of the raided farm was 1,104kW/h. Although officials are yet to disclose
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