Canadian man says kidnappers wanted to torture him for his Bitcoin: Report
An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Go to Source
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An unnamed Canadian man says he’s been forced to move from one Airbnb to another to evade his suspected kidnappers. Go to Source
According to a Hydro-Québec newsroom report, the company has asked the electricity transmission and distribution regulator, Régie de l’énergie, to cease offering services to crypto miners. The Hydro-Québec report stresses that “growth in electricity demand is expected to continue in Québec. Hydro-Québec Targets Blockchain Industry in Order to Stave off Electricity Demand Cryptocurrency miners in … Read more
According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio. … Read more
Fanny Philip, COO of Sato Technology, doubled down on believing that bear markets should be considered a builder’s market for mining companies. Go to Source Powered by WPeMatico
“For us, it is clear, when we look at all this, we arrived too soon in a sector which was in transition,” says CEO Charles Émond. Go to Source Powered by WPeMatico
According to Edward Evenson, a Bitcoin miner from Slush Pool, Chinese BTC miners are on the move. Go to Source Powered by WPeMatico
The Canadian publicly traded bitcoin mining company Bitfarms has announced a deal that will see the company developing a 210 megawatt (MW) mining farm in Argentina. Bitfarms says that the company was able to secure a low electricity rate at $0.02 per kWh during the contractual period. Argentine-Based Bitcoin Mining Facility Aims to Acquire 210 … Read more
An uncertain regulatory regime regarding power distribution in Quebec has apparently drove crypto mining firms out of the province Go to Source Powered by WPeMatico
Québec, the resource-rich Canadian province, has made up its mind about cryptocurrency mining. Régie de l’énergie, the region’s energy regulator, has rendered its decision on the blockchain sector and lifted the moratorium on electricity supplies. An additional 300 MW of energy will be allocated to power the minting of digital coins, a move that local … Read more
In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec. And in Europe, Luxembourg has adopted a law that protects crypto traders and … Read more