Hydro-Québec considers raising rates for Bitcoin miners

Last January, the CEO of Hydro-Québec evoked a “spiral of death” for the corporation. Citing a study showing that the smart home, which can produce some of its energy, could be profitable in Quebec from 2025, CEO Eric…

A Japanese company will soon allow its employees to earn part of their salary in bitcoins.

About 4000 employees of GMO Internet Group have been offered this option. In order to motivate the most hesitant, the company announced that those who would choose this avenue would see their salary increase by 10%. Employees will…

The cryptocurrency industry worries Hydro-Québec

Hydro-Québec is concerned about the growth of the data processing industry related to cryptocurrency. The Crown Corporation has received no less than one hundred contractor applications totaling 10,000 megawatts. This amount of energy represents a quarter of Hydro-Québec’s…

A second cryptocurrency mine will be installed in Magog

After Bitfarms, a second cryptocurrency mine will be set up in Magog in the coming months. According to information received by Crypto Daiy Gazette, BitLinksys is expected to occupy approximately 27,000 square meters (30,000 square feet) of space…

Bitfarms to invest $250M and create 250 jobs in Sherbrooke

With a $250 million investment, Bitfarms, a cryptocurrency company, will move to Sherbrooke in the coming months and is expected to create more than 250 jobs. The company will build a computing center in the industrial district where…

Second Concurrency Company To Open Shop In Sherbrooke

A second company specializing in cryptocurrency will settle in Sherbrooke in the coming months, confirmed the City of Sherbrooke Wednesday. The company, who have yet to be indedifed, will consume 20 megawatts per day from a datacenter established…