Quebec – DIGIT INFO

Canadian man says kidnappers wanted to torture him for his Bitcoin: Report

DIGIT — Tue, 07 Jan 2025 03:27:30 +0000

An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers.

Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save Capacity

DIGIT — Sun, 06 Nov 2022 23:30:44 +0000

According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec. Hydro-Québec Targets Blockchain Industry in Order to Stave off Electricity Demand Cryptocurrency miners in […]

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Report: Quebec’s Mohawk Council of Kahnawake Seeks Energy to Power Crypto-Mining Opportunities

DIGIT — Mon, 19 Sep 2022 04:00:39 +0000

According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. […]

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Bear market uncertainty is the perfect time to build and learn, says Sato exec

DIGIT — Sat, 27 Aug 2022 07:30:00 +0000

Fanny Philip, COO of Sato Technology, doubled down on believing that bear markets should be considered a builder’s market for mining companies.

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Quebec Pension Fund loses almost entirety of its Celsius investment in less than ten months

DIGIT — Wed, 17 Aug 2022 20:00:00 +0000

“For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition,” says CEO Charles Émond.

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Chinese BTC miners equivalent to Quebec’s output on the move: Slush Pool

DIGIT — Fri, 28 May 2021 06:02:40 +0000

According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move.

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2 Cents per Kilowatt Hour: Bitfarms to Launch a 210 MW Bitcoin Mining Operation in Argentina

DIGIT — Wed, 21 Apr 2021 00:30:06 +0000

The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 […]

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Has Quebec Missed the Ship for Attracting Cryptocurrency Miners?

DIGIT — Thu, 23 Jan 2020 13:01:38 +0000

An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province

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Québec Allocates 300 MW Energy Quota for Crypto Mining

DIGIT — Sun, 05 May 2019 14:27:16 +0000

Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. Régie de l’énergie, the region’s energy regulator, has rendered its decision on the blockchain sector and lifted the moratorium on electricity supplies. An additional 300 MW of energy will be allocated to power the minting of digital coins, a move that local […]

The post Québec Allocates 300 MW Energy Quota for Crypto Mining appeared first on Bitcoin News.

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In the Daily: Liberstad Coin, Mining Contracts, Luxembourg Law

DIGIT — Sun, 17 Feb 2019 11:30:48 +0000

In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a law that protects crypto traders and […]

The post In the Daily: Liberstad Coin, Mining Contracts, Luxembourg Law appeared first on Bitcoin News.

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