Former Vice Chairman of the China Securities Regulatory Commission: Sichuan has the largest BTC mining scale in the country, and can take this opportunity to study the relationship between blockchain and digital currency

According to Sichuan Daily, on October 27, at the Sichuan High-quality Development Decision-making Consultation (Beijing) Forum, Jiang Yang, former vice chairman of the China Securities Regulatory Commission, brought a set of data: 70% of the world's bitcoins are produced in China, India, which ranks second, accounts for only 4%, and the United States accounts for only 1%. Sichuan has become the largest bitcoin mining site in the country due to its rich hydropower resources. Blockchain involves all walks of life, and its application in the financial field is mainly digital currency represented by Bitcoin. Jiang Yang therefore suggested that Sichuan should make good use of the foundation of Bitcoin mining, study the relationship between blockchain, digital currency, hydropower resources, etc., and explore new industrial growth points.