Canadian Regulator to Maintain Low Electricity Rates for Crypto Miners Under New Rules

Canadian Regulator to Maintain Low Electricity Rates for Crypto Miners Under New Rules

Canada’s Quebec province said it would maintain its existing rates for digital currency mining and will also make enough energy available for the production of cryptos. Last year, Quebec stopped the approvals for new digital currency mining projects so that the province could weigh restrictions on their operations and if they wish to raise the rates they pay for power.