BC Said "Nah, Fam" to New Crypto Mines 🙅♀️⛏️
British Columbia Moves to Permanently Ban New Crypto Mining Power Connections. BC (aka British Columbia) just yeeted a permanent ban on new crypto mines plugging into their power grid. They're tryna keep their clean energy for industries that actually pop off with jobs. Current crypto farms can chil
TL:DR
BC (aka British Columbia) just yeeted a permanent ban on new crypto mines plugging into their power grid. They're tryna keep their clean energy for industries that actually pop off with jobs. Current crypto farms can chill for now, but new ones? Big nope.
The Tea
Okay, so listen up, fam. British Columbia is straight-up saying "bye Felicia" to any new crypto mining operations trying to leech off their electricity. They're making it a permanent thing, no take-backsies.
Why the shade? Apparently, BC is all about that sustainable life. They wanna keep their clean hydro power for industries that actually create jobs and don't just suck up all the energy like a black hole. We're talking traditional mining, natural gas, and that low-emission LNG life. It's all about that bag and creating jobs, not just pumping out crypto with mad energy consumption.
Now, if you're already running a crypto mine in BC, you're good... for now. But starting in 2025, they're gonna be hella strict about who gets power. Data centers and AI are gonna have to battle it out for electricity, and crypto? Not even in the running. They're prioritizing job-creating and low-emission industries. The province thinks this is a major win for balancing energy use, job creation, and keeping things green. But some peeps are salty, saying it could mean BC misses out on some serious investment and innovation, especially for those in rural and Indigenous communities.
Basically, BC is playing the long game, trying to keep their energy clean and affordable while building up future-focused sectors. Crypto's just not vibing with their goals right now. Harsh, but fair? What do y'all think?
Abbreviations Glossary
| Abbreviation | Full Form |
|---|---|
| Yeeted | To throw with force, but in this context, to reject or eliminate. |
| Bye Felicia | A dismissive way to say goodbye to someone you don't care about. |
| Shade | Subtle insults or criticism. |
| Salty | Bitter, annoyed, or angry. |
| Vibing | Compatible or in harmony with. |