Canadian crypto-mining haven joins other areas in turning away from the energy-intensive business
VIDEO: Cheap power drew bitcoin miners to this small city. Then came the backlash
PBS NewsHour
TORONTO—The Canadian province of Quebec wants to stop selling cheap power to cryptocurrency miners amid the global energy crunch.
The government-owned utility Hydro-Quebec asked a provincial regulator last month to reallocate the 270 megawatts of energy, equivalent to the energy consumed by roughly 97,000 households, that it had set aside for crypto mining.
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