Quebec’s energy manager to seek government approval to stop powering crypto miners
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Energy provider Hydro-Québec cited the high energy demands anticipated in the Canadian winter in its reasons to reallocate 270 megawatts from crypto mining firms.
Why this matters
This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
AI may be keeping Bitcoin’s biggest macro headwind alive after the Fed stops hiking
Bitcoin faces a new macro headwind from the artificial-intelligence boom as massive infrastructure spending competes for long-term...
Bitcoin miners escape months of distress as daily revenue surges by 78%
Bitcoin miners are emerging from months of financial pressure as rising BTC prices lift daily industry revenue by 78%. According t...
US government moves another $1 billion in Bitcoin as BTC slides $4,000
US government-linked wallets moved over $1 billion in Bitcoin on Oct. 8 as BTC prices fell and more coins reached Coinbase Prime....
Ethereum Price Prediction: 5% Weekly Drops as Bitmine Plans to Stop ETH Buying
Ethereum latest selloff has put a key support zone and price prediction under pressure. ETH falls to $2,500 after 5% weekly declin...
US government moves $470 million in seized crypto to Coinbase wallets, raising Bitcoin sale questions
The US government moved about $470 million in seized crypto to likely Coinbase Prime addresses, according to Arkham, reviving ques...
ESMA seeks feedback on tokenized collateral at EU clearing houses
ESMA's scrutiny of tokenized collateral could reshape regulatory frameworks, impacting financial stability and innovation in digit...