Written by 6:16 pm Bitcoin

Canada Cracking Down On Bitcoin Mining – Bitcoin Magazine

North America became the leading hub of bitcoin mining activity after China’s abrupt ban in May 2021. While the United States has grabbed most of the news headlines and a significant portion of investor attention, Canada has also solidified its role as a global leader in mining. From industrial mining farms to off-grid guerrilla mining operations, Canada is home to miners of all stripes.

But the final months of 2022 saw several provinces target bitcoin miners and suspend any new grid connections while “environmental assessments” were initiated. This article provides an overview of the localized changes in regulatory posture toward miners.

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