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Quebec to Maintain Rates for Crypto Miners, Introduces Fresh Rules for Crypto Mining

Quebec to Maintain Rates for Crypto Miners, Introduces Fresh Rules for Crypto Mining

Quebec’s power authority has officially declared that Hydro-Québec must retain its present cryptocurrency mining rates and provide a further 300 megawatts- sufficient electricity to operate an aluminum smelter- for cryptocurrencies production. Last year, the region decided to stop accepting fresh cryptocurrency mining ventures to weigh limitations on their activities and determined to increase rates they shell out for power.








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