Hydro-Quebec CEO behind push to ban new power allocation to BTC miners to leave post
Sophie Brochu has been the CEO of Hydro-Quebec for three years and during her tenure, she called on regulators to suspend the allocation of 270MW to BTC miners.
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Quebec blockchain miners may face electricity cuts from grid operators
Hydro-Quebec’s Electricity Supply Plan 2023-2032 report warns that the city’s electricity consumption could spike by an additional 25 TWh in the next 10 years.
Quebec wants crypto miners to pay more for electricity
Régie de l’énergie approved Hydro-Quebec's proposal to have cryptocurrency miners pay CAD0.15 per kilowatt-hour, which is double the price that residential and other utility customers are required to pay.
Quebec to lift ban on energy sale to cryptocurrency miners: report
The moratorium was imposed in March on grounds that the industry “could absorb a large amount” of Quebec’s surplus energy, resulting in limited cryptocurrency mining activities in the Canadian province.