Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it […]
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 […]
The recent price plunge of cryptocurrencies has alarmed global authorities about the risk in some projects – like Terra’s ecosystem. In the context that regulatory overhauls targeting the industry may be around the corner, the […]
Canada’s Conservative leadership candidate Pierre Poilievre said a digital currency should not be introduced by the central bank as it should only be left to the private sector. The candidate was also one of the […]
Citing compliance with local jurisdictions, crypto exchange Coinbase announced to soon collect additional information from users based in Canada, Singapore and Japan. Effective from April 1, Coinbase users from Canada, Singapore and Japan will be […]
Amsterdam-based bitcoin mining firm – Bitfury – announced it will launch a new 28MW digital asset mining site in Ontario, Canada. The facility will launch with an operational capacity of 16MW, while an additional 12MW […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes
You may also be interested in these posts:
