He Ping, School of Economics and Management, Tsinghua University: The National Development and Reform Commission has classified virtual currency mining as a phase-out industry, and it is not necessary to close

The director of the Blockchain Finance Research Center of the School of Economics and Management of Tsinghua University said that the National Development and Reform Commission clearly classified virtual currency mining as a phase-out industry because they are high-energy-consuming industries, and mining cannot bring any value to society. However, mining is only listed as an industry elimination. It does not mean that it must be closed. It is mainly affected by the market. When the price is high enough, the mining cost can be covered, and it is profitable.