Hydro quebec crypto mining

hydro quebec crypto mining

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Canada Plans Regulation For Crypto Mining Via Excess Hydroelectric Power
The Quebec government's utility company, Hydro-Quebec, has requested the reallocation of megawatts of energy set aside for cryptocurrency. Electricity will stay cheap for cryptocurrency miners in Quebec -- as long as they get selected. New rules released by the Canadian province's energy. Rate CB applies to businesses that have a medium or large-power contract under which electricity is delivered, in whole or in part, for cryptographic use.
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Try one of these. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. Green light illuminates the cases of mining rigs operating inside a shipping container converted into a mobile cryptocurrency mining farm. Aoyon Ashraf is managing editor with more than a decade of experience in covering equity markets.