Quebec crypto miners will now be needed to bid for electricity under the newly laid down rules.

2018-6-22 07:06

The new regime seeks to allocate up to 500 megawatts, in addition to 120 megawatts of already existing initiatives.
The starting rate is reportedly 1 Canadian cent ($0.0075) per kilowatt hour, which is 20 percent above the industry standard price.
In March, the government said it is “not interested” in providing cheap electricity to crypto miners without anything in return.
The decree would reportedly set different rates for digital currency miners and allow energy companies to practice forced offloading.
In the beginning of June, the the company temporarily stopped processing requests from crypto miners in order to fulfil its obligations to supply energy to the entire province.

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