2018-6-25 20:42 |
Quebec's energy troubles caused by cryptocurrency mining might go away soon, as Hydro-Quebec drafts a new proposal that allocates 500 megawatts to new mining companies under certain conditions. origin »
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Following such places as Quebec and New York, the latest location in North America to attract large Bitcoin mining operations with a cheap supply of electricity is Colorado Springs. A miner has paid $13 million to convert an abandoned Intel chip manufacturing complex into an industrial mining farm.
2018-6-25 19:40 | |
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The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives. The starting rate is reportedly 1 Canadian cent ($0. 0075) per kilowatt hour, which is 20 percent above the industry standard price.
2018-6-22 07:06 | |
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Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
2018-6-22 01:34 | |
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Under new rules, Quebec crypto miners are required to bid for power and quantify the jobs and investment per megawatt that they will generate
2018-6-22 01:34 | |
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Quebec’s electric utility regulator Regie de l’energie, has increased the power prices for miners. The increase will be 3 times for new miners, while older miners have a breather until end of this year.
2018-6-20 17:48 | |
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In recent regulatory news, Brett Redfearn, the director of the United States Securities and Exchange Commission (SEC)’s Division of Trading and Markets, has described the self-reporting efforts of cryptocurrency exchanges as “underwhelm[ing],” Hydro-Quebec has again suspended new applications from mining companies seeking to operate in the province, and the SEC has published a new page […] The post Regulations Round-Up: SEC “Underwhelmed” by Exchanges’ Reporting, Quebec Halts New Mining Operations Again appeared first on Bitcoin News.
2018-6-12 16:24 | |
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Quebec, one of the province and territory of Canada announced on 7th June 2018, that it has suspended approvals of the new digital currency mining projects. This action has been taken in order to facilitate Hydro Quebec, the energy management sector of Quebec, to continue supplying the power to all other provinces. These mining operations […]
2018-6-11 23:40 | |
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Ethereum is showing signs of leading the market again, similar to the pattern seen in Q2 2025. According to the blockchain analytics firm Swissblock, a key market cycle indicator flipped to ‘preThe post Ethereum’s key indicator shifts to 'predominance'- Is an ETH rally incoming? appeared first on AMBCrypto.
The altcoin market came under heavy pressure in the past 24 hours, with broad losses across major tokens and a sharp contraction in market capitalization excluding Bitcoin and stablecoins. AccordinThe post Altcoin market sees sharp drawdown as selling pressure accelerates appeared first on AMBCrypto.
Privacy-focused narratives gained traction across crypto markets amid intensifying debates around artificial intelligence and data regulation. That shift brought Oasis Network into focus, pushing its The post Oasis Network [ROSE] climbs 105% – Are traders rotating toward privacy AI? appeared first on AMBCrypto.
Bitcoin fell below $90,000 on 21 January. The drop extends a broader pullback that a sharp wave of forced unwinds has accompanied across the crypto derivatives market. On the 12-hour timeframe, BitThe post Bitcoin drops below $90k as $708.
Large institutions continue removing Ethereum [ETH] from liquid circulation, and the pace shows no sign of slowing. Bitmine recently staked 86,848 ETH worth $277.5 million, pushing its total stakThe post Ethereum supply shrinks: So why is ETH still stuck below $3,390? appeared first on AMBCrypto.
Gold prices extended their rally to a new all-time high, breaking above $4,700 per ounce, even as Bitcoin continued to lose ground in recent sessions. The contrasting performance between the tradThe post Gold rallies to new highs as Bitcoin slides, highlighting divergent asset flows appeared first on AMBCrypto.
Ethereum has stayed above the $3,000 mark since the start of the year as gold and silver continued to make new highs. The latter two have emerged as key assets for on-chain traders, with tokenization The post Is Ethereum replacing tokenized gold and silver as the new on-chain hedge? appeared first on AMBCrypto.
