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Canadian Energy Provider Hydro-Québec Proposes Stopping Electricity Supply to Blockchain Industry

by Kingofmetaverse

November 3, 2022

in Blockchain

Canadian Energy Provider Hydro-Québec Proposes Stopping Electricity Supply to Blockchain Industry

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The power use of the miners have been a subject of debate globally. Most lately, A bunch of seven Democratic lawmakers in Washington, D.C., led by Sen. Elizabeth Warren (D-Mass), mentioned they’re looking into the energy usage and carbon emissions of the bitcoin mining trade in Texas, the place many miners have setup their operations. The Electrical Reliability Council of Texas (ERCOT) additionally expressed issues that bitcoin mining’s huge demand for power in Texas is straining the state’s grid, adversely impacting customers and U.S. local weather objectives.

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