to suspend the allocation of a 270 megawatts already planned for the industry."In light of the significant increase in the anticipated demand for electricity and the tightening energy and capacity balances, Hydro-Québec filed a request with the Régie de l’énergie regarding suspension of the allocation process to the blockchain industry," the company said in a statement.
The new proposal also said that it anticipates an increase of 25 terawatthours or 14% in Québec’s electricity demand over the 2022–2032 period. Some of the miners that are currently operating in Quebec include Bitfarms , Hive Blockchain and Argo Blockchain . The energy use of the miners have been a topic of debate globally. Most recently, A group of seven Democratic lawmakers in Washington, D.C., led by Sen. Elizabeth Warren , said they areand carbon emissions of the bitcoin mining industry in Texas, where many miners have setup their operations. The Electric Reliability Council of Texas also expressed concerns that bitcoin mining's enormous demand for energy in Texas is straining the state's grid, adversely impacting consumers and U.S.
Aoyon_A This has been a classic rug pull by bitcoin supporters claiming its cleaner and greener using renewables... ...the asic farms contracted up the supply pushing locals back onto coal/gas, thats not greener, its passing the blame to someone else. Biggest marketing scam in history.
Aoyon_A cc nic__carter
Aoyon_A 🚀Thnkss a millon