Cryptoknowmics
2022-12-22 08:02:07

British Columbia to Stop New Power Connections for Crypto Miners

In the Canadian province of British Columbia, a state-owned electric utility company will stop any further applications for electrical connections from crypto miners for 18 months. British Columbia To Halt Electrical Connections for Crypto Miners The British Columbian government announced the suspension in a statement on December 21. The statement declared that the break would enable the province and BC Hydro to create a long-term structure that will better balance the requirements of cryptocurrency miners with those of the area’s people and companies. Josie Osborne, Minister of Energy, Mines, and Low Carbon Innovation, stated that the decision was taken to The post British Columbia to Stop New Power Connections for Crypto Miners appeared first on Cryptoknowmics-Crypto News and Media Platform .

Get Crypto Newsletter
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.