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Energy
CEO of Canadian Utility That Proposed Banning New Power to Crypto Miners Exits
Hydro-Québec CEO Sophie Brochu will officially step down in April after three years leading the company.
Europe’s Last Bitcoin Mining Refuge Is No Longer Viable
Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.
British Columbia Imposes 18-Month Moratorium on New Crypto Mining Operations
This is the third Canadian province to limit the industry's growth as it looks to preserve capacity for communities.
ECB Official Says Energy-Intensive Crypto Should Be Banned
Fabio Panetta also said that investors have been caught in a "bubble."
Jack Dorsey-Backed East African Bitcoin Miner Gridless Raises $2M
Dorsey’s Block and bitcoin venture-capital firm Stillmark co-led a seed funding round.
Canada's Manitoba Province Enacts 18-Month Moratorium on New Crypto Mining
The local heavily indebted public utility has received up to 4.6 GW of requests from miners looking to connect to the grid.
EU Countries Must Be Ready to Block Crypto Mining, Commission Says
The European Union's executive arm also wants blockchains to show energy-efficiency labels and to end crypto tax breaks.
France to Explore Crypto Tax Treatment Next Year
The self-styled crypto hub won’t just copy and paste traditional finance norms, but Bruno Le Maire is also worried about energy consumption
Miners Take Off for The Great – and More Profitable – North
Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.
