Regulatory TREND. Limiting Power to Crypto Currency Miners

Where: Canada’s Quebec Province

Background: The state owned hydro power company offers cheap power and has drawn crypto mining firms to the region

The power request from crypto miners: 17,000 megawatts

The power usage suggested by regulators: 500 megawatts

What are the new regualtory rules looking like? How the state hyrdo power wants rules to “maximize the energy producer’s revenue.”

Coin Desk | Quebec Halts Crypto Mining Approvals Pending New Restrictions