TechLair

  • Home
  • contact
  • About
  • Privacy Policy

Canadian city will kill power to $100M Bitcoin farm to keep citizens cool

Monday, September 24, 2018 by Piyush Suthar | Comments

Home News Tech Canadian city will kill power to $100M Bitcoin farm to keep citizens cool

Canada’s largest cryptocurrency mining operator has been threatened with having its power cut off. Due to growing environmental concerns, Hut 8’s Bitcoin operation in Medicine Hat is to be one of the first to go in case of intense heat waves, CBC reports. Hut 8’s $100 million Bitcoin mining farm, situated in southeast Alberta, reportedly uses more than 10 times the electricity of any other facility (of any kind) in Medicine Hat, a city of 60,000 people. It employs 40 people, and back in July it claimed to be the biggest Bitcoin mining company in Canada, and the “largest publicly traded”…

This story continues at The Next Web

Or just read more coverage about: Bitcoin

Authored by Piyush Suthar
Pro Blogger


Follow me on Twitter, Facebook, Google+, YouTube.

Load comments
  • Newer Post
  • Home
  • Older Post
  • techlair
    Over 1,500+ Readers

    Get fresh content from TechLair

    brand222 facebook brand2 envelope-o

    BEST OF TechLair

    Foldable smartphones explained: Huawei's Mate X vs Samsung Galaxy Fold
    Google gets more RCS messaging support from Samsung
    Facebook adds new limits to address the spread of hate speech in Sri Lanka and Myanmar
    HP’s New Spectre Folio Hybrid Laptop Brings An All-Leather Body With LTE Support


    Copyright © 2019 TechLair. All rights reserved.
    Privacy Policy • DMCA • Contact