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2 yr. ago

  • Something topic-adjacent is going down in BC, Canada right now.

    We had a large timber company that branched out into crypto mining, augmented with solar. They made an absolute killing with this pivot, and wanted to expand. But need a metric fuck-ton of electricity. The local utility company denied them, citing their own issues with keeping up with demand in the near future. The timber company sued them, and I think it settled to this:

    https://vancouversun.com/business/local-business/crypto-mining-company-loses-bid-to-force-bc-hydro-power