🚨 British Columbia Maintains Bitcoin Mining Ban Despite Vancouver's 'BTC-Friendly City' Motion
British Columbia is maintaining its ban on new bitcoin mining connections until December 2025, despite Vancouver's City Council passing a motion to explore becoming a "bitcoin-friendly city." The ban, initiated in December 2022 to address energy concerns, was upheld by the B.C. Supreme Court after a legal challenge from Conifex Timber, which argued the ban was discriminatory.
The provincial government, relying heavily on hydroelectric power, plans to regulate cryptocurrency mining directly through updated legislation. While Vancouver's motion highlights potential financial benefits of bitcoin mining, it cannot influence provincial regulations governed by BC Hydro. The provincial Green Party has called for similar energy regulations for other high-energy industries, raising questions about future energy policies.
