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

Hydro-Québec Looks to Suspend Power Distribution to Crypto Miners in Bid to Save CapacityAccording 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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Québec Allocates 300 MW Energy Quota for Crypto Mining

Québec Allocates 300 MW Energy Quota for Crypto MiningQuébec, 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 […]

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