Share this article
3 More Chinese Provinces Shutter Crypto Mines as Clampdown Continues
Henan, Gansu, and Anhui provinces are the latest provinces to crack down on crypto mines to curtail energy use.
Updated Sep 14, 2021, 1:25 p.m. Published Jul 14, 2021, 9:24 a.m.
Three provinces in China have joined a growing list of jurisdictions in the country that have ordered a halt to crypto mining amid a nationwide crackdown on the industry.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Heifi Online, a Chinese state-owned website in Anhui, reported Wednesday that the province will "clean up and shut down" crypto mines to avoid an imminent power shortage.
Also on Wednesday, Chinese journalist Colin Wu reported that the provincial departments of China's State Grid Corp. in Henan and Gansu will shutter local mining industries in those provinces.
The two provincial State Grid departments are implementing a decision that the state-owned enterprise made late last month, Wu told CoinDesk on Wednesday. The notice by State Grid's headquarters calls on provinces to "clean up and crack down" on crypto mines that are using up electricity from the national grid.
More provinces are expected to follow suit, Wu wrote.
Gansu province is in West China, bordering Xinjiang, Qinghai, Sichuan and Inner Mongolia. It accounted for 2% the country's hashrate between September 2019 and April 2020, according to the Cambridge Bitcoin Electricity Consumption Index.
China's National Energy Administration has warned that Anhui's electricity demand will exceed its supply starting in 2022, Hefei Online wrote.
Henan and Anhui are landlocked provinces in eastern China.
At a May meeting of China's State Council, ministers discussed a crackdown on crypto mines. Provinces, prefectures and cities have moved against the industry since. Qinghai, Xinjiang, Inner Mongolia and Sichuan announced they are either cleaning up or shutting down mining.
The concern is partly environmental and partly financial. China is gearing up to achieve ambitious carbon neutrality goals set in its five-year plan in March, while regulators are concerned about crypto's impact on financial stability.
In response, mining firms are starting to move their rigs overseas.
Read more: Why China’s Ban on Crypto Mining Is More Serious Than Before
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Breakout or Bull Trap? DOGE Jumps Above Resistance on Ethereum Strength
Despite the breakout, DOGE faces significant structural resistance from major EMAs.
What to know:
- Dogecoin surged above key resistance levels with a 6% rally, driven by institutional trading volumes.
- Despite the breakout, DOGE faces significant structural resistance from major EMAs.
- Strong user activity contrasts with mixed network flows, indicating potential accumulation.
Top Stories
