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.
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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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