The government of British Columbia is preparing to impose a permanent ban on new cryptocurrency mining connections to its hydroelectric power grid. The measure, set to take effect in fall 2025, aims to manage growing electricity demand as the province prioritizes clean, affordable, and reliable energy for traditional industries and emerging sectors such as artificial intelligence (AI) and data centers. On Monday, the British Columbia government announced new energy legislation designed to strike a balance between power availability and economic growth. The provincial government stated that the move would enable BC ... (full story)