What is CryptoSlate Alpha?
A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more ›
Connected to Alpha
Welcome! ???? You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below.
Oops…you must lock a minimum of 20,000 ACS
If you don’t have enough, buy ACS on the following exchanges:
Connect via Access Protocol
Access Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more ›
Disclaimer: By choosing to lock your ACS tokens with CryptoSlate, you accept and recognize that you will be bound by the terms and conditions of your third-party digital wallet provider, as well as any applicable terms and conditions of the Access Foundation. CryptoSlate shall have no responsibility or liability with regard to the provision, access, use, locking, security, integrity, value, or legal status of your ACS Tokens or your digital wallet, including any losses associated with your ACS tokens. It is solely your responsibility to assume the risks associated with locking your ACS tokens with CryptoSlate. For more information, visit our terms page.
Earn Up to 15% APR & Enjoy 0% Borrow Rates!
The local government endorsed a moratorium in March 2022 that is still in place.
New Brunswick’s main power company began to deny energy applications from crypto miners and other large-scale users in 2022, the CBC said on May 1.
The cabinet order that endorsed the moratorium included concerns from the province’s main power company. N.B. Power expressed concerns about “additional load demand” and warned that crypto mining could put “significant pressure” on the energy supply.
It is unclear exactly when the moratorium on energy access for crypto miners began, as the policy seemingly went unnoticed until the CBC’s latest coverage.
However, New Brunswick’s provincial government endorsed the moratorium in March 2022, and the CBC’s latest report indicates that the policy remains in place.
New Brunswick’s government also ordered a review of the crypto sector and its impact on the energy supply. That order remains private but was due December 2022 and was intended to ensure that restrictions do not continue to affect non-crypto companies.
The moratorium was introduced shortly after a crypto mining company, Taal Distributed Information Technologies, expressed its intent to begin operating in New Brunswick. Another firm, Hive Blockchain Technologies, already operates in the province.
Other Canadian provinces, including British Columbia, Manitoba, and Quebec, have imposed similar moratoriums. In the U.S., North Carolina and New York have imposed restrictions. These policies may or may not remain in place.
Russia plans to permit foreign crypto mining
Mining 2 weeks ago 1 min read