As Vancouver moves toward becoming a Bitcoin-friendly city, British Columbia continues to ban bitcoin mining until 2025. ⚡
- The ban is due to energy concerns. Conifex Timber’s legal challenge also failed.
- BC Hydro is limiting its mining operations to 90% hydroelectric power.
- The new law gives the government the authority to directly regulate electricity utilities for crypto.
Do you think energy regulations should be applied to other sectors? Let’s discuss in the comments! 💬