Quebec is ready to reduce the cost of electricity for miners

Bitcoin miners have been attracted to Quebec by appropriate conditions
20 November 2017   752

Miners may obtain inexpensive electricity and cold winters for inexpensive cooling there.
Mr.Bertrand, a Canadian Entrepreneur runs 50 ASICS when each units coasts nearly 21$ per day while it produces nearly 470 $. 

Such abundance of electricity attracts big mining companies from China and Iceland.

Montreal state-owned enterprise called Hydro-Quebec realizes the distribution of power in Quebec. Because of 40% of all Canadian water resources are focused in Quebec, Hydro-Quebec is one of the most powerful producer of electricity in the world. Hydro-Quebec provides 4.55 $ per kWh. It also plans to provide additional 500 kWh per 2.58 $ by April 2018.

The Chinese Bitcoin miners began arriving to Quebec looking for alternative locations to place their operations and increase proceeds while Chinese government hunts down such initiatives.

These are really big players who contact us. The Bell Center in Montreal consumes the equivalent of 5 megawatts of power. The players who contact us [consume] from 5 megawatts to several hundred megawatts of power.

 

Eric Filion, Hydro-Quebec’s Vice President of Customers.

FCC Demanded a Miner to Turn Off his Mining Hardware

The FCC concluded that the mining rig was generating spurious emissions and causing harmful interference on T-Mobile’s broadband network
21 February 2018   58

According to the U.S. Federal Communications Commission (FCC) notification, it has received a complaint from T-Mobile with regards to “interference to its 700 MHz LTE network in Brooklyn, New York” during last year. The commission’s agents confirmed that the “radio emissions in the 700 MHz band were emanating from…an antminer s5 bitcoin miner.”

In the notification, the FCC states that ‘the device was generating spurious emissions on frequencies assigned to T-Mobile’s broadband network and causing harmful interference”.

The commission issued a warning to the owner of the mining hardware Victor Rosario. He was not allowed to continue the operation of the device because it caused harmful interference. A violation of the Federal laws cited above and could subject the operator to severe penalties, including, but not limited to, substantial monetary fines, in rem arrest action to seize the offending radio equipment, and criminal sanctions including imprisonment.

According to the FCC, it has not made a determination as to whether or not other Antminer S5s produce disruptive emissions in the 700 MHz band. It also emphasizes that it does not wish to suggest that all Antminer S5 devices are noncompliant but it aware that devices can be modified in a manner that creates harmful interference.