Under the government's control, the large-scale power outage in Sichuan mines will be a good policy or a disaster?

On the afternoon of the 20th, the Sichuan Provincial Department of Economy and Information Technology issued a notice stating that the electricity load has increased by 22% since May, but the incoming water in various river basins has decreased by 20%, and electricity shortages have occurred in some areas and time periods.

Wu said that the second part of the document obtained by the blockchain stated that it is required to strive to maximize power generation and system peak-shaving capabilities, strive to increase power supply, and strengthen key monitoring and timely processing of high-load operating equipment.

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Wu said that the blockchain consulted more than ten miners in the community and said: mines in some areas have indeed been completely out of power for about 3 days, and mines in some areas can have power outages during the day and use electricity at night. In addition, areas close to Chengdu, such as Wenchuan, suffered severe power outages. In remote areas such as Ya'an and Kangding, there is relatively sufficient rainfall and low power consumption, so power outages are relatively not very serious.

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However, for miners, the instability of the wet season is well known, which is itself a high-risk business. The 19-year wet season was once nicknamed the "false wet season". First, there was no rain and no electricity available, and then frequent torrential rains caused many mines to suffer disasters. Looking at this year, we will have to wait 1-2 weeks during the wet season before we can know the follow-up situation. The official wet season may not start until late May and early June.

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In addition, one of the variables in this year's wet season is the change in the government's attitude. With the promulgation of the hydropower consumption area policy, governments across Sichuan have strengthened their support for compliant mines. But old miners also fear a tougher crackdown on old mines. Generally speaking, the industry believes that it is good for new mines, but bad for old mines.

Taking the document issued by Ya’an as an example, blockchain companies are required to build factories near substations with rich on-grid electricity and excess channel capacity under the jurisdiction of power supply companies, and use the existing grid power supply of power supply companies as much as possible. Blockchain enterprises that use electricity for enterprise wiring must complete the rectification within the time limit.

On the one hand, the government mainly promotes compliant water and electricity consumption areas, but at the same time, it may also require rectification of non-compliant companies, such as the above-mentioned companies that connect electricity privately. Since February, Sichuan Liangshan Hydropower Consumption Demonstration Zone has implemented 5 big data projects, all of which are Bitcoin mine projects. This was reported on the front page of Liangshan Daily. However, it was rumored that a mine in Wenchuan was seized by taxation and environmental protection, fined 10 million, and all machines were seized

People in the mining industry believe that with the process of compliance, the supervision of old mines will be increased layer by layer. If the local government wants to trace the non-compliant income of the mine in the past few years, then the mine owner can only sell the machine and exit. Walk.

There is also a "war" between old and new mine owners, involving a reshuffle of interests. The owners of the new mines built in the hydropower consumption area have invested a lot of cost. But due to the halving of Bitcoin, fewer machines are still mining. For miners, the cost of electricity consumption in the hydropower consumption area will also increase, and the motivation is not particularly strong. Compliant mine owners naturally hope or urge the government to close down traditional mines that are not so compliant.

In the context of large-scale power outages and compliance rectification, Sichuan Mining may usher in a new reshuffle. Wu said that the blockchain will continue to pay attention to the follow-up progress.

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