Sichuan Province is rich in hydropower resources and has become a treasure trove for enterprises. Recently, Sichuan Province announced the first list of water and electricity consumption demonstration enterprises, among which a number of Bitcoin mining companies were successfully selected. This news has attracted widespread attention both inside and outside the industry, and has also sparked heated discussions on the utilization of hydropower resources, new energy applications and digital currency mining. This article will deeply explore the background, impact and future development trends of the announcement of the first batch of hydropower consumption demonstration enterprises in Sichuan Province, revealing the multiple connotations of this important event.

First, let us understand the unique advantages of Sichuan Province’s hydropower resources. Sichuan is located in the upper reaches of the Yangtze River and has abundant hydropower resources. Hydropower generation occupies an important position in Sichuan's energy structure. In the context of new energy development, hydropower has become a representative of clean energy and is highly favored. As the world's largest Bitcoin mining base, Sichuan has attracted the attention of a large number of digital currency mining companies. These enterprises utilize the rich local hydropower resources to achieve efficient use of green energy, and also promote the development of the local economy and increase employment opportunities.

As the digital currency market continues to develop, the Bitcoin mining industry is also showing a booming development trend. The skyrocketing value of Bitcoin has triggered global attention to digital currencies, and mining, as one of the main ways to obtain Bitcoin, has attracted more and more investors and companies to participate. The Bitcoin mining company involved in the first batch of hydropower consumption demonstration enterprises in Sichuan Province seized this development opportunity and achieved a win-win situation between digital currency mining and environmental protection by using clean energy such as hydropower. This green mining model not only conforms to the concept of sustainable development, but also sets a good example for the digital currency industry.

In addition to the positive impact on the local economy and environment, the announcement of the first batch of hydropower consumption demonstration enterprises in Sichuan Province also means that more companies will benefit from the development and utilization of hydropower resources. With the rapid development of the new energy industry, the launch of hydropower consumption demonstration enterprises will further promote the use of clean energy and promote the optimization and upgrading of the energy structure. At the same time, the addition of Bitcoin mining companies has also brought new vitality and opportunities to the local industry, injecting impetus into the development of the digital economy. It is foreseeable that in the future, Sichuan Province's hydropower consumption demonstration enterprises will play an increasingly important role in promoting the development of renewable energy and the integration of digital economy.

In general, the announcement of the first batch of hydropower consumption demonstration enterprises in Sichuan Province marks the deep integration of clean energy and digital economy and demonstrates Sichuan's forward-looking measures in new energy utilization and industrial development. The addition of Bitcoin mining companies has injected new vitality into the local economy and set a model of green development for the digital currency industry. As the new energy industry continues to grow and the digital economy continues to heat up, Sichuan Province will face more opportunities and challenges. It is hoped that in future development, Sichuan can continue to leverage its advantages in hydropower resources, promote high-quality economic development, and contribute more to sustainable development. Let us look forward to Sichuan achieving more brilliant achievements in clean energy utilization and digital economic development!

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Sichuan recently announced the first batch of "Hydropower Consumption Demonstration Enterprises". Among the 99 companies entered, there are multiple mines on the list, including Xiaojin County Kedi Big Data Storage Technology Co., Ltd., Heishui Kedi Big Data Technology Co., Ltd., Malconcodi Technology Co., Ltd., Kangding Zhitong Interlink Technology Co., Ltd., Chengdu Wuji Chain Technology Co., Ltd. Kangding Branch, etc.

Wu Shuo Blockchain once disclosed that the People's Government of Ya'an City, Sichuan Province has recently officially issued the "Implementation Opinions on Building a Hydropower Consumption Demonstration Zone to Support the Development of the Blockchain Industry." Sources pointed out that this may be the first time in 18 years that a local government has clearly issued a document to support mining during flood seasons, which is very rare. There is also news that more areas in Sichuan may be opened one after another.

Ya'an is one of the top ten hydropower bases in the country, with a total installed hydropower capacity of 12.72 million kilowatts, and water and electricity abandonment accounts for 1/3 of Sichuan Province. Official information shows that since the "Opinions" were officially issued on March 30, a total of Applications for electricity use from three blockchain companies were accepted, with a total applied capacity of 366,000 kilowatt-amperes. It is expected that the three companies will be put into operation as soon as the end of May, and more than 700 million kilowatt-hours of new electricity consumption can be added during the wet season.

Ganzi Prefecture also recently held the highest-level "Blockchain Industry Development Symposium" to support "crypto mining", increase policy support in electricity, finance and taxation, financial services, etc., and define it as a "green emerging industry". Industry" can make up for the economic losses caused by the epidemic.

Official news shows that Kangding Guorong Technology Co., Ltd., a company settled in the Garze Prefecture Hydropower Consumption Industry Demonstration Zone, resumed work on May 14. Guorong Technology Xinduqiao Cloud Computing Center project started construction in November 2019. The total investment of the project is 200 million yuan, and the power load reaches 300,000 kilowatts.

In August 2019, the General Office of the Sichuan Provincial Government issued the "Implementation Plan for the Construction of Hydropower Consumption Industry Demonstration Zone in Sichuan Province", confirming that hydropower consumption will be carried out in six cities and states including Garze, Panzhihua, Ya'an, Leshan, Liangshan and Aba. Industrial demonstration zone pilot. These areas are remote and have poor transportation. It is almost impossible for heavy industries with large electricity consumption to invest there. The only ones that generate substantial electricity consumption are mining companies.

The "Implementation Plan" provides two electricity price accounting methods for electricity users to choose independently. One of the methods is the annual comprehensive electricity price. The trading electricity price is negotiated and determined by power users and power generation companies at a level not higher than 0.22 yuan per kilowatt hour. The transmission and distribution price is implemented according to the unitary system of 0.105 yuan per kilowatt hour. The other is calculated based on the electricity price of abandoned water electricity. The electricity price of abandoned water electricity refers to the way electricity prices are formed when electricity companies only use abandoned water electricity from May to October.