The Canadian province of British Columbia announced that it is suspending new requests for electricity connections for cryptocurrency miners for 18 months.
The energy ministry of British Columbia (B.C.) said it is suspending new requests for power from cryptocurrency mining operations at least for the next 18 months. The announcement will not affect miners that already operate in the province. The government of B.C. announced in a statement on December 21 that the pause will allow the province to preserve its power – most of which is generated through hydroelectricity. The ministry added that the halt will also allow time for the provincial government and First Nations to establish a cryptocurrency mining policy framework. Seven mining projects that already operate in the province and six projects that are in the advanced stages of planning will not be affected by the decision. The mining projects already operating in the province use 273 megawatts of power.
Josie Obsborne, Minister
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