Author

Topic: [2018-06-27]Québec Gives Electricity to Cryptocurrency Miners to Generate Revenu (Read 105 times)

legendary
Activity: 3150
Merit: 1125
Leading Crypto Sports Betting & Casino Platform
There are to many complications related to these projects because of it totally dependent on the government accept operations like this one.

One of the big problems is that governments do not understand how the mining process works, then there is the population that complains about the noise and then there are environmentalists in the region who complain about the pollution and finally the electricity company who complains about a very high consumption by the mining company. this will be a big problem for many years

since they were highly demanding much power that it could supply.

the high consumption of Electricity will always be the big problem, imagine a poor country like my country where without a mining company we have already gone bad with electricity deficit. We have no chance to build a very large mining company, the maximum we can do is build a small farm.
hero member
Activity: 672
Merit: 526
Soon we will have some major miner companies start to construct theirs on electrical power plants. There are to many complications related to these projects because of it totally dependent on the government accept operations like this one.
sr. member
Activity: 966
Merit: 264
The Canadian province of Québec has prepared a proposal to cryptocurrency miners. The local government had earlier been pressured to tackle the issue of electricity consumers with the help of cryptography as far as blockchain technology is concerned since they were highly demanding much power that it could supply.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/qu-bec-gives-electricity-to-cryptocurrency-miners/

Jump to: