British Columbia Maintains Bitcoin Mining Ban Despite Vancouver's 'BTC-Friendly City' Motion

Quick Summary:

However, some states, like Arkansas and Montana, have bills that protect bitcoin miners from what they call "discrimination".

Local bitcoin mining bans are not unique.

BC Hydro, the largest electricity utility in the province, relies heavily on hydroelectric power, which generates over 90% of its electricity.

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Article Details

Author / Journalist: Sam Reynolds

Category: Crypto

Markets: United StatesCuba

Topics: Electricity Bitcoin Updated Policy Energy Mining Coindesk Province Provincial

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 05:48:39 (11 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24491992

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News Last Updated: 9 hours ago

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