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Crypto miners face energy refusal, restriction in Canadian provinces

Crypto miners face energy refusal, restriction in Canadian provinces

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Source: Coin Telegraph

Manitoba is extending a moratorium on new power connections, and British Columbia is introducing legislation that could prohibit the provision of power to new miners.

The Canadian province of Manitoba has extended a moratorium on new requests to the government-owned Manitoba Hydro agency for electrical service for cryptocurrency operations. British Columbia (BC) had a similar suspension of service in place and has chosen a different but also restrictive path forward.

The Manitoba pause extension applies to crypto miners’ newrequests and “requests for electric service which have not resulted in the execution of an agreement to construct infrastructure.”

In November 2022, the provincial government paused electrical connections to crypto-mining operations for 18 months. Now the pause will last through April 30, 2026. At that time, the province plans to prepare a long-term solution, it said in an announcement, adding:

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Author: Derek Andersen