British Columbia to block new crypto mining projects from provincial power grid
NegativeCryptocurrency

British Columbia is moving to permanently block new cryptocurrency mining projects from accessing its provincial power grid, a decision that could significantly impact the crypto industry in the region. This legislation aims to prioritize energy connections for other essential services, reflecting growing concerns over the environmental impact and energy consumption associated with crypto mining. As the demand for sustainable energy increases, this move highlights the balancing act between technological innovation and environmental responsibility.
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