The premier of the Canadian province of Quebec, Philippe Couillard, has temporarily halted the approval of new mining operations partnering with the province’s state-owned power company, Hydro-Quebec. Also Read: Dutch Court Rules That Bitcoin Has “Properties of Wealth” Hydro-Quebec Halts Approval of New Mining Operations From Offshore Applicants The company states that “Although [it has] a […]
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Hydro-Quebec, the largest state-owned utility in Canada, appears unable to meet the electricity demand from cryptocurrency miners seeking to establish operations in the energy-rich province. The announcement comes just weeks after the company sought to entice virtual currency miners as a means to bolster the province’s economic outlook, claiming that it had 5,000 megawatts of […]