How Quebec is overrun by Cryptocurrency Miners

A Canadian hydropower operation put out the welcome mat for bitcoin miners. Shortly thereafter, it was overrun.

MIT Technology Review reported  how an industrial park in Saint-­Hyacinthe, a small town about 60 miles east of Montreal, became a center for cryptocurrency minining.  In 2016, Hydro-Québec announced a formal plan to attract data centers.  Interest from cryptocurrency miners became overwhelming, with more requests than the power company could accommodate. That has raised questions about how well Hydro-Québec’s grid can sustain these energy demands, particularly in the winter. Meanwhile, environmentalists and social-justice advocates worry about the ecological and cultural impact. 

 

 

 

 

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