Hydro Quebec in Canada is worried about the increasing demand of power necessary for mining

Mining is becomming a serious business, and Hydro Quebec in Canada is worried that it won’t be able to keep up with the increasing demand of power necessary to satisfy cryptocurrency miners’ demand.
We won’t be able to power all the projects that we’re receiving. This is evolving very rapidly, so we have to be prudent.”, explains spokesman Marc-Antoine Pouliot.
He continued to say that the company is “receiving dozens of demands each day.” Hydro Quebec isn’t necessarily turning down any entrepreneurs just yet, but a surge in demand is prompting executives to “clearly define their strategy” and reexamine how they’re planning to do business.

Comments

comments

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here