N.B. crypto mine ban proposed
The New Brunswick government is looking to place a permanent ban on so-called cryptocurrency mines.
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The New Brunswick government is looking to place a permanent ban on so-called cryptocurrency mines.
While the clean fuel regulations are imposed by the federal government, the New Brunswick government changed legislation in December 2022 to pass the extra cost to consumers.
As carbon pricing implementation draws near, conversations around the economic impact for individuals and businesses in Atlantic Canada are top of mind.
New Brunswick’s premier will promote the province’s development of hydrogen, natural gas, and small modular reactors at a global hydrogen conference in Europe next week.
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.