Hydro-Quebec Mulls Higher Rates as Bitcoin Miners’ Demands Surge

Bitcoin McAfee

Rising demand for Montreal’s low-cost hydroelectric power among bitcoin minersĀ could spur higher electricity rates. Hydro-Quebec revealed it may consider hiking the cost for bitcoin miners given a flood of pent-up demand in the region, which would thwart the plans of bitcoin miners who depend on low rates for the massive amounts of electricity it requires … Read more