British Columbia Seeks Permanent Ban on New Crypto Mining Projects
British Columbia Seeks Permanent Ban on New Crypto Mining Projects
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The Canadian province of British Columbia has announced its intention to implement a permanent ban on new cryptocurrency mining projects. This move aims to reallocate the province's electricity resources to support other job-producing sectors such as traditional mining, natural gas, and LNG industries.
The Canadian province said it intends to allocate enough electricity to job-producing sectors such as mining, natural gas and LNG.