In recent times, crypto mining has been receiving a lot of attention owing to how energy-intensive the process is. On that same note, British Columbia has now become the third Canadian province to introduce restrictions on crypto mining.
In the past few weeks, utilities in Quebec and Manitoba have introduced the same kind of restrictions on crypto-mining activities. This Canadian province has imposed an 18-month-long moratorium on new crypto-mining operations, mentioning that no new crypto-mining operations will receive approval for the aforementioned time frame.
The announcement was made through a statement on December 21. It stated that this halt will help the government and the British Columbia Hydro and Power Authority (BC Hydro) form a permanent framework. This framework will ensure and safeguard the needs and interests of residents, businesses, and crypto miners in the province.
More Electricity Being Diverted To Crypto Mining
Josie Osborne, Minister of Energy, Mines and Low Carb
We współpracy z: https://bitcoinist.com/british-columbia-new-crypto-mining-operations/
