China’s Inner Mongolia region — once a thriving cryptocurrency mining hub that has enacted a series of measures to rein in the sector — is tightening its crackdown by hiring a contractor to monitor and ferret out mining operations.

Fast facts

  • The Inner Mongolia Development and Reform Commission announced on Wednesday a bidding result for the investigation. It is hiring Inner Mongolia Mengze Engineering Management for the work, setting aside a budget of 295,000 yuan (US$45,700) for the project.
  • The commission opened the bid just last week, seeking help to study the region’s mining activities and identify crypto mining projects that could be still in operation.
  • As such, many miners have fled China for other places that appear to be more regulation-friendly and offer inexpensive power. Some of the top destinations for displaced Chinese miners have included North AmericaKazakhstan and Northern Europe.