The state-owned energy company Hydro Quebec has submitted a plan to the authorities of the Canadian province of Quebec, which will determine the procedure for operatng with local miners. This is reported by CoinDesk.
In particular, the plan will allow lifting the moratorium on issuing permits for cryptocurrency mining, created in connection with the "unprecedented" level of demand for electricity in the province.
If the plan is approved, the amount of energy that crypto minners can use within a year will be limited. According to the authorities, this will free up energy resources for other clients of the company. In total, according to the plan, the miners will receive 500 mW of electricity per month.
Hydro Quebec will select miners who will be permitted to work in the province, assessing their ability to create new jobs and contribute to the economy of Quebec.
The economic analysis will favor customers who will be ready to operate their facilities as quickly as possible. In addition, Hydro-Québec could request that these customers decrease their electricity use, for a maximum of 300 hours per year, to allow it to ensure the delivery of electricity to all of its customers, particularly during the winter peak period.
Earlier information appeared that the authorities of Quebec could cancel the moratorium on issuing permits for crypto-currency mining and establish higher electricity tariffs for miners