Canada aims to lure cryptocurrency miners by offering cheap electricity in Quebec. The city’s energy authority, Régie de l’énergie, has asked its largest power provider to set aside an additional 300 megawatts of discounted energy for new bitcoin mining projects. Until now, crypto mining has been fiercely concentrated in China. But as Beijing mulls an outright ban on bitcoin mining, the industry is flocking to Canada. The leading power provider Hydro-Quebec had previously set aside 368 megawatts of discounted energy for crypto miners. Under the new regulation, Hydro-Quebec will add an extra 300 specifically to att ... (full story)