Hydro-Québec to Stop New Cryptocurrency Mining Projects in Province

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Hydro Québec

Today, the province of Québec made the announcement regarding Hydro Québec that I have been waiting for this entire month.

What Happened?

It all started on March 4, when I reported that the Canadian province is unsure of whether Hydro-Québec can power all of the projects interested in cryptocurrency mining in the province. Similar to Iceland, Québec has transformed into an international hot spot for cryptocurrency mining, bringing in more than 30 applications to mine in the province in January. As profitable and exciting as this may seem, it’s actually quite worrisome as the ...

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