Bitcoin Forum

Bitcoin => Press => Topic started by: Vladdirescu87 on June 27, 2018, 02:54:02 PM



Title: [2018-06-27]Québec Gives Electricity to Cryptocurrency Miners to Generate Revenu
Post by: Vladdirescu87 on June 27, 2018, 02:54:02 PM
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/

https://coinidol.com/upload/resize_cache/iblock/2ab/900_900_1/2abf0f4a6bc592e1f00de557c9d6c6ff.jpg


Title: Re: [2018-06-27]Québec Gives Electricity to Cryptocurrency Miners to Generate Revenu
Post by: vit05 on June 27, 2018, 05:10:49 PM
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.


Title: Re: [2018-06-27]Québec Gives Electricity to Cryptocurrency Miners to Generate Revenu
Post by: Slow death on June 27, 2018, 10:26:01 PM
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.