British Columbia has decided that crypto mining is about as welcome as a skunk at a lawn party. 🚫🦨 New projects? Banned. Forever. And AI data centers? They’re getting the side-eye too. Priorities now include jobs, gas, and actual mines-you know, the kind that don’t make your electricity bill cry. 💼⛏️
So, the Canadian province of British Columbia (BC) is done playing nice with energy hogs. 🍁⚡ They’re permanently banning new crypto mining projects, because apparently, “digital gold” isn’t paying the hydro bills. The Energy Ministry dropped this bombshell like a mic at a poetry slam, declaring that natural gas and mining industries will get first dibs on the power grid. Why? Jobs. Money. And probably because no one wants to explain to their grandma why her heating bill is higher than her bingo winnings. 🧓💸
BC to Crypto: “Not Today, Satan.” 😈✋
According to Bloomberg, this is a big deal-like, “third most populous province in Canada” big. BC is now more protective of its power grid than a toddler with a cookie. 🍪👶 The Energy Ministry made it official on Monday, because nothing says “we mean business” like a press release on the first day of the workweek. The goal? Maximize revenue and jobs, not Bitcoin. Sorry, crypto bros, but your Lambos might need a push. 🏎️💨
Related Reading: New York Senator Proposes Excise Tax on Crypto Mining Energy Use | Live Bitcoin News
The Energy Statutes Amendment Act is BC’s way of saying, “We’re not here to power your digital dreams; we’re here to keep the lights on and the paychecks coming.” 💡💰 The new law ensures electricity goes to industries that actually put food on the table, not just ones that make the internet go “hmm.” Meanwhile, other provinces are following suit-New Brunswick said “nope” to crypto mining in 2023, and Manitoba extended its moratorium until 2026. Even Hydro-Québec was like, “Turn it off!” in 2022. 🇨🇦🔌
Canada to Crypto Miners: “You’re on Thin Ice, Buddy.” 🧊😬
This isn’t just BC being grumpy; it’s a full-blown trend. Provinces are realizing that crypto mining is less “future of finance” and more “energy black hole.” 🕳️⚡ BC’s move ensures clean energy goes to industries that don’t just churn out digital coins but actual, tangible benefits. So, if you were planning to set up a crypto mining rig in your basement, maybe stick to growing mushrooms instead. 🍄💻
In short, BC is done with speculative projects that suck up power like a vacuum cleaner at a confetti factory. 🎉🚀 This policy sets a precedent: resources go to industries that create jobs, not just jargon. So, crypto miners, it’s time to pack up your GPUs and find a new playground. BC’s power grid is for grown-ups now. 👩💼👨💼
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2025-10-21 10:50