Mining: a lot of energy, little work.
The Canadian province of Quebec, which attracts miners with its cheap hydroelectric power, has recently ceased to be so attractive. The operators of the Hydro-Quebec energy company are rejecting new mining customers. According to the Minister of Energy and Natural Resources of Quebec, Pierre Moreau, cryptodynamic farms require a lot of energy, but generate a small number of jobs compared to other companies.
Moreau also said: "The purpose of the government - to ensure that all residents of Quebec to Hydro-Quebec in the winter did not say," Well, I'm sorry, I can not give [that energy], because we have cryptocurrency the mining goes " .
Hydro-Quebec in the document on the rejection of mining projects indicated that it would be impossible to provide sufficient capacity for each project, as explained, the energy operator received requests for "projects that require many thousands of megawatts".
The applications are postponed for a while, while officials are working on new guidelines for mining companies. Once these recommendations are completed, the authorities will begin to consider the requests again, according to Coindesk.