A statement from the Ministry of Energy says cryptocurrency miners consume large amounts of electricity to constantly run high-powered computers, while creating very few jobs or economic opportunities.
The province directed the BC Utilities Commission in December 2022 to suspend new electricity connections for cryptocurrency mining for 18 months. It says that amount of electricity is more than double what the new Site C dam will be able to generate.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: