Sichuan lets its miners enjoy the rainy season excess electricity

Imagine if it rains a lot and your local hydropower station produces 3 times what the region needs in electricity. Being notoriously difficult to store and transfer, this extra electricity will simply be lost – a difficult thing to accept when you can set up mining farms and mine bitcoin and other crypto with it, bringing jobs and taxes to the region.

Sichuan authorities might have thought the same thing. So while other regions chase their miners away, Sichuan will let them stay and enjoy cheap (and green!) electricity during the summer raining season. Who knows, maybe by September the Party will start to distinguish between dirty and clean energy?..