Sichuan hydropower station "pull line" power bitcoin "mining" fined 1.01 million yuan

Recently, the Sichuan Energy Supervision Office of the National Energy Administration ("Sichuan Energy Supervision Office") issued two administrative penalty decisions (Sichuan Supervision Energy Penalty [2019] No. 2 and No. 3): Sichuan Huadian Zagu Brain Hydropower Development Co., Ltd. 2. Sichuan Province Hydropower Investment and Operation Group Daofu Co., Ltd. conducts illegal power supply without obtaining a power business license (power supply class). The Sichuan Energy Regulatory Office is responsible for According to the regulations, the two companies were ordered to make corrections immediately, confiscate the illegal income and impose a fine, for a total of RMB 1,104,572. According to people familiar with the case, the two hydropower stations involved have private transmission lines to provide power for specific users for bitcoin mining.