Market Cap
24h Vol
20421
Cryptocurrencies
60.15%
Bitcoin Share

Canada-Based Electricity Provider Halts Electricity Requests Due To Crypto Miners

Canada-Based Electricity Provider Halts Electricity Requests Due To Crypto Miners


Bitcoinist
2023-05-02 19:00:12

Crypto mining has been a contentious issue in many regions, and New Brunswick, a Canada-based electricity provider, seems no exception. The province’s electric utility, NB Power, imposed a moratorium on providing new service to cryptocurrency mining operations last year, citing concerns about its ability to meet the increasing demands from the power-hungry sector. The utility


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.