Blockchain Companies in Sichuan Get Free Electricity

Officials from the city of Ya'an, which is in the Chinese province of Sichuan, decided to support the participants in the blockchain industry providing them with surplus electricity, generated at the hydroelectric station.

Local authorities take blockchain technology very seriously and want to turn Ya'an into a “powerful blockchain center”. What kind of activity blockchain companies must be engaged in order to receive free electricity is unknown at this point, but it is clear that they must be connected to state power networks.

Important to note is that due to the low price of electricity, Sichuan has long been one of the most favorite places for mining companies.

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