Hydro-Quebec Unable to Meet Energy Demand From Cryptocurrency Miners

in #cryptocurrencies7 years ago

Its receipt is unable to meet the demand of electricity from the cryptocurrencies miners demanded to operate in the energy-rich province. This is Hydro-Quebec's largest government-owned utility in Canada, as a means of strengthening the economic outlook of the province, claiming that it has an additional capacity of 5,000 megawatts. After a few weeks of the announcement, the company has sought to woo virtual currency miners.

Chinese Regulatory Concerns Drive Mining Companies Overseas

Source - https://news.bitcoin.com/101054-2/

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