Quebec’s Energy Manager To Cut Supply For Crypto Mining Due To Shortage
Cryptocurrencies are generated via a process known as crypto mining which consumes much electrical power. And higher energy consumption has consequently brought electrical power shortages in several regimes due to increased mining activities. Quebec, a Canadian province, is of them facing similar problems. And now, the provisional energy supplier wants to cut power sources for […]
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According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio.
Mohawk Council Members Create Kahnawake Blockchain Technologies, Group to Research Crypto-Mining
Members of the Mohawk Council of Kahnawake (MCK) and the newly created Kahnawake....
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