The proponent of a second cryptocurrency mine in New Brunswick says the project is still alive, despite concerns from both the government and N.B. Power that the industry would put a strain on the provincial power grid.
N.B. Power says a freeze on servicing new, large-scale industrial customers in the province remains in place over concerns that the cryptocurrency sector’s heavy use of electricity could be more than the utility can handle.
TAAL Distributed Information Technologies Inc. (CSE: TAAL) (FWB: 9SQ1) (OTC: TAALF) ("TAAL" or the "Company"), a vertically integrated blockchain infrastructure and service provider for enterprise, announced today its financial results for the three months ended March 31, 2021. These filings are available for review on the Company's SEDAR profile at www.sedar.com and on the Company's website at www.taal.com. All financial information in this press release is reported in Canadian dollars unless otherwise indicated.
Hut 8 Mining Corp. (TSX: HUT) ("Hut 8" or the "Company"), one of North America's oldest and largest innovation-focused digital asset mining pioneers, is thrilled to announce its latest hosting partnership with Enterprise Blockchain transaction processor, TAAL Distributed Information Technologies Inc. (CSE: TAAL).