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260 Miners Confiscated in China During Inspection of Subleased Factories: Details

Wed, 11/03/2021 - 14:03
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Yuri Molchan
Chinese authorities have seized over 260 mining machines since their owners have violated the "Energy Conservation Law"
260 Miners Confiscated in China During Inspection of Subleased Factories: Details
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According to an article shared by Chinese crypto journalist Colin Wu, five days ago, on Oct. 28, an inspection in the city of Dongguan (located in China's Guangdong Province) accidentally found out that a company that recycles computers and graphics cards was mining cryptocurrencies in subleased factories.

Illegal mining rigs discovered

The companies were suspected of violating the "Energy Conservation Law of the People's Republic of China." As a result, more than 260 crypto mining devices were confiscated in two different locations: Sanzhong Village and Tuqiao Village.

These machines illegally used 60,000 kWh in September and over 120,000 kWh in October, thus seriously disrupting the normal consumption of electricity in the area.

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Bitcoin miners heading for U.S. from China

In late September of this year, the Chinese government unleashed another ban against cryptocurrencies. This time it was targeted at crypto transactions, deeming them illegal. This hit crypto miners hard.

Multiple crypto exchanges, headed by Huobi, started either withdrawing from mainland China, relocating from that region, or they were forced to quit the business.

Crypto miners continued to migrate from the country to Kazakhstan, Canada and the U.S. As reported by U.Today earlier, such miner-producing behemoths as Bitmain and have stopped working with Chinese customers.

Now, the U.S. has become the top destination for miners leaving China, and the majority of the Bitcoin hashrate produced in the country is now generated by miners sitting comfortably in the USA.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at