Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports. Hut 8’s $100 million Bitcoin mining farm, situated in southeast Alberta, reportedly uses more than 10 times the electricity of any other facility (of any kind) in Medicine Hat, a city of 60,000 people. It employs 40 people, and back in July it claimed to be the biggest Bitcoin mining company in Canada, and the “largest publicly traded”…
This story continues at The Next Web
Or just read more coverage about: Bitcoin
from The Next Web https://ift.tt/2O4gRTj
