Press Release
Overseas Mines Are Witnessing A New Round Of “Gold Rush” While Domestic Mine Policies Are Tightening
Domestic policies are getting tighter, sparking waves
On May 18, China Internet Finance Association and two other associations jointly issued “Announcement on the Prevention of Virtual Currency Transactions Speculation Risk”, underscoring the virtual currency transactions speculation risk, implying that virtual currency transactions are illegal in financial activities, and financial institutions and payment agencies should not provide support and services for virtual transactions.
On May 21, Vice Premier of the State Council, Liu He presided over the fifty-first meeting of the Financial Stability and Development Commission of the State Council to study the next phase of financial. The meeting emphasized cracking down on Bitcoin mining and trading practices, and was determined to prevent individual risks from passing on to the society.
With the continuous modification of regulatory policies, domestic mining operators will face a sudden decline in business volume, shortage of funds and other challenges, as the future of mining looks bleak. The stance of the Financial Stability and Development Commission of the State Council on tightening virtual currency mining regulation is due to financial risks and concerns about energy consumption from mining.
Inner Mongolia takes the lead in response
Inner Mongolia became the first place to issue a policy to “crack down on the mining of virtual coins” after the Financial Stability and Development Commission of the State Council stepped up regulation of virtual coins. On May 25, the Inner Mongolia Development and Reform Commission announced eight measures to strengthen the crackdown on virtual coin mining. It not only referred to that industrial parks, data centers, self-owned power plants, internet enterprises, internet cafes and other participants in mining activities will be held responsible according to relevant laws and regulations, but also the related enterprises and personnel of virtual currency mining activities will be blacklisted for discrepancies according to relevant provisions.
Not only that, the individuals involved are equally treated, and the draft notes, public officials, who take advantage of their posts, participate in virtual coin “mining” or provide it with convenience and protection, now come under the scanner.
Whether Sichuan will be the last “resort” is debatable
After the Inner Mongolia article, the mining circle is also waiting to see whether Sichuan will follow the same path. On June 2, Sichuan held a virtual coin “mining” related situation symposium. Many industry insiders said that this meeting is only a research meeting, not decision-making meeting, and its impact on the industry is limited without the changes in the policy. So, it is not clear whether Sichuan will tighten regulations too.
There’s a big difference between hydropower and thermal power mining, and Sichuan already has a lot of abandoned power during the abundant water season, and mining is the most efficient way to use it because it doesn’t require electricity to be transferred, so simply moving the mine to a power-generating location can convert it directly into revenue. Therefore, if Sichuan and Yunnan consider abandoned water consumption factors, in the abundant water period the abandoned electricity can be used for mining, the domestic may still retain some mines. This is the reason why some miners are still waiting.
Opportunities and challenges of “gold rush” overseas
Mining is essentially a manufacturing process for digital currency assets. Given the uncertainty of domestic policy, if there is policy support in North America and other countries, and electricity is cheap and infrastructure is mature, it is a better choice to deploy mines overseas.
Opportunities are often accompanied by challenges, says Liu Changyong, director of the Blockchain Economic Research Center of Chongqing Technology and Business University, where the mines will first consider low electricity prices. In 2018 and 2019, Iran’s electricity prices were very low, but policy was unstable, and some of the mines were even confiscated directly by the government after they were transferred. “It was only later that people discovered that the policy environment was also important. Now it is mainly transferred to the slightly remote places of developed countries, such as Canada and northern Europe, with low electricity prices and relatively stable and friendly policies, and moreover, low temperatures are beneficial for machine cooling.”
Planning ahead, BTC has already started overseas layout
In fact, as early as in April this year, Ms. Meng Xiaoni, vice president of BTCM and chief executive of BTC.COM, expressed her views about the mining “change”. The restructuring of the global energy sector, she argues, is a global revolution that began in 2014, and by 2020, at the 75th UN General Assembly, China’s goal of carbon neutralization has given a crucial signal of huge Chinese capacity, China’s market and Chinese demand, and calls for a more environmentally friendly approach. This is bound to provide great leadership for the global economic industry, but also has a strong butterfly effect, in the future there will be more countries to join the construction group, leading to global economic change.
To this, BTC also lays out overseas early. Moreover, there are frequent actions taken recently!
On May 19, BTCM announced a legally binding investment agreement with Dory Creek, a wholly-owned unit of BitDeer, to jointly invest in an encrypted digital currency mine in Texas. BTCM plans to invest a total of US $25.74 million.
On May 24, BTCM announced that it would set up a mine in Kazakhstan, with a total investment of RMB 60 million, to build and operate a 100-megawatt mine with a Kazakh company. When the mine is completed, the company will hold an 80% stake in the Kazakhstan mine, with a 20% stake in the partner.
BTCM has been advocating low-carbon and environmentally friendly mining. Clean and low-carbon energy accounts for more than 98% of the company’s own mine energy mix after the Texas mine was completed. In the future, BTCM will continue to actively implement the goal of “carbon neutralization” and actively seek more high-quality mineral resources overseas!
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Press Release
Official Collaboration XRP Network Staking Rewards, X Network
An official staking network has been launched, offering XRP holders a new revenue model. XRP Network has established a system where XRP holders can earn monthly rewards of 2.8–3.2% in RLUSD simply by staking their assets. This platform is designed to help investors manage their holdings in a more stable manner while also providing additional income opportunities for long-term XRP holders. As a result, XRP Network is expected to play a crucial role in expanding the XRP ecosystem.
XRP Network ensures secure staking services for XRP holders through a transparent smart contract-based operation and a reliable reward structure. Investors can receive RLUSD rewards each month by staking XRP, creating a stable financial income stream without the need for additional transactions. The ability for XRP holders to continuously earn rewards through staking makes XRP Network particularly advantageous for long-term investment strategies.
The launch of XRP Network is projected to go beyond a simple staking platform, maximizing XRP utility and solidifying its position in the digital financial system. With a design that considers institutional investor participation, XRP Network is expected to contribute to liquidity management in the XRP market and positively impact XRP’s long-term price stability.
Industry experts analyze that XRP Network will have a significant impact on the overall XRP market while providing investors with a stable staking reward system. The ability to generate ongoing income without selling XRP offers a strong incentive for long-term holding, further strengthening the XRP ecosystem.
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Press Release
Physician Guided Weight Loss Clinic Launches Weight Loss Programs in Jacksonville, Florida
Physician Guided Weight Loss Clinic, a premier weight loss center in Jacksonville, Florida, is excited to announce the launch of their innovative weight loss programs designed to help individuals achieve their health and wellness goals. Offering a comprehensive approach to weight loss, the clinic combines expert medical guidance with personalized care, including free meal plans and state-of-the-art technology such as the Styku Scanner to measure clients’ progress accurately and effectively.
Physician Guided Weight Loss Clinic, a premier weight loss center in Jacksonville, Florida, is excited to announce the launch of their innovative weight loss programs designed to help individuals achieve their health and wellness goals. Offering a comprehensive approach to weight loss, the clinic combines expert medical guidance with personalized care, including free meal plans and state-of-the-art technology such as the Styku Scanner to measure clients’ progress accurately and effectively.
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Physician Guided Weight Loss Clinic is dedicated to providing tailored weight loss solutions to meet each client’s unique needs. Whether you are struggling to lose weight, manage obesity, or simply improve your overall health, the clinic’s team of experienced healthcare professionals works closely with clients to create a sustainable weight loss plan that delivers real results.
Physician Guided Weight Loss Clinic offers physician-led weight loss programs that are tailored to each individual’s unique health needs. These programs are designed and supervised by experienced medical professionals, ensuring a safe and scientifically supported approach to weight management. The clinic emphasizes the importance of personalized care, providing free, customized meal plans that promote balanced nutrition and sustainable weight loss.
One of the clinic’s standout features is the Styku Scanner, an advanced 3D body scanning technology that tracks changes in body composition with remarkable precision. This non-invasive tool allows clients to measure fat loss, muscle gain, and changes in body shape, providing a clear picture of their progress. The Styku Scanner not only helps clients visualize their transformation but also provides accurate data that can be used to adjust their weight loss plans as needed.
The clinic also offers custom-tailored weight loss solutions, whether clients are looking to lose a few pounds or address more significant weight challenges. Each program is designed to align with the individual’s health goals and lifestyle, ensuring that the approach is both effective and sustainable. In addition to the medical oversight and personalized meal plans, clients receive ongoing support from healthcare professionals who guide them throughout their journey. This continuous support helps clients stay motivated and focused on achieving lasting results.
About Physician Guided Weight Loss Clinic Physician Guided Weight Loss Clinic:
Located at 4110 Southpoint Blvd, Suite 107, Jacksonville, FL 32216, the Physician Guided Weight Loss Clinic is a premier weight loss center offering highly personalized, medically supervised weight loss programs. The clinic’s expert team of healthcare professionals is dedicated to helping clients in Jacksonville achieve lasting weight loss results by addressing the root causes of weight challenges, including hormonal imbalances and metabolic issues. With a focus on sustainable weight loss, the clinic’s approach eliminates the need for restrictive diets or intense exercise routines, making it a realistic and healthy solution for those struggling to lose weight.
Media Contact
Organization: Physician Guided Weight Loss Clinic
Contact Person: Jen Whyute
Website: http://pgweightloss.com
Email: Vertexviralmedia@gmail.com
Contact Number: +19042574344
Address: 4110 Southpoint Blvd, Suite 107
City: Miami
State: Florida
Country: United States
Release Id: 06022522870
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Press Release
Miaora CCRMS Alerts Businesses to Escalating ESG Risks in 2025
Dubai, United Arab Emirates, 6th Feb 2025 – Businesses worldwide face mounting risks in 2025 as environmental disasters, regulatory crackdowns, and governance failures threaten stability. Miaora CCRMS, a leader in corporate risk management and sustainability strategies, warns that companies must take immediate action to mitigate Environmental, Social, and Governance (ESG) risks or risk severe financial and operational consequences.
Environmental and Social Risks Disrupt Global Markets
A series of devastating wildfires in Los Angeles this year have highlighted the growing financial and operational impact of environmental crises. Businesses have suffered extensive property damage, supply chain disruptions, and operational shutdowns, reinforcing the urgent need for climate resilience strategies. Rising energy costs and environmental regulations are further pressuring companies to adopt sustainable practices or face penalties and reputational damage.
Social risks are also escalating. The sudden shutdown of major digital platforms in multiple countries has exposed vulnerabilities in companies’ marketing and customer engagement strategies. Businesses overly dependent on these platforms for outreach have faced revenue declines and unexpected operational disruptions, underscoring the need for diversification and long-term digital resilience.
Corporate Governance and Cybersecurity Failures Create Instability
Governance failures continue to shake investor confidence, with corporate transparency lapses and ethical breaches leading to financial and reputational losses. At the same time, a surge in cyberattacks is putting companies at risk of data breaches and operational paralysis. Weak compliance measures and outdated security frameworks are proving inadequate in protecting organizations from evolving cyber threats, demanding immediate investment in robust governance and cybersecurity protocols.
Miaora CCRMS Calls for Urgent ESG Action
Miaora CCRMS urges businesses to take decisive action in strengthening ESG strategies. Large enterprises must implement comprehensive ESG reporting, enhance sustainability initiatives, and prioritize transparent governance. Mid-sized companies should focus on risk management optimization and compliance frameworks, while small businesses must leverage sustainability efforts and digital adaptability to maintain competitiveness.
As global markets tighten regulations and investors shift focus to ESG-compliant companies, those failing to act risk financial instability, reputational harm, and regulatory penalties. Miaora CCRMS remains committed to equipping businesses with the tools and strategies needed to navigate these evolving risks, ensuring long-term stability and growth.
About Miaora CCRMS
Miaora CCRMS is a corporate risk management and sustainability consultancy dedicated to helping businesses address evolving ESG challenges. Through expert-driven risk assessment, compliance solutions, and sustainability strategies, Miaora CCRMS empowers organizations to strengthen resilience and achieve long-term success in a rapidly shifting global economy.
For more information on ESG risk management, visit https://miaora-ccrms.net/.
https://www.linkedin.com/in/konstantin-birman-91a7a92a9
Media Contact
Organization: Miaora CCRMS
Contact Person: Konstantin Birman
Website: https://miaora-ccrms.net/
Email: contact@miaora-ccrms.net
City: Dubai
Country: United Arab Emirates
Release Id: 06022523327
The post Miaora CCRMS Alerts Businesses to Escalating ESG Risks in 2025 appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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