27 points

That sounds like great news! Unless of course if you’re the owner of a crypto farm sucking up a limited resource. Sure glad to live in a province governed by sane people.

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7 points

Great time to check marketplaces for mining GPUs being sold off. They’re still valuable even if used at that high throughput for so long. Similar to a cars engine with highway miles vs city miles driven

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8 points

Nobody mines with GPUs any more, at least not for any significant blockchain. Bitcoin went to industrial ASICs many, many years ago and Ethereum no longer uses proof-of-work mining at all.

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1 point

Is there any use for used ASICS?

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12 points

Excellent, hope the other provinces all follow suit.

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8 points
*

Bitdeer Technologies Group, a global leader in blockchain and high-performance computing, has completed the acquisition of a 101 MW site and gas-fired power project near Fox Creek, Alberta. The all-cash transaction, valued at $21.7 million, marks Bitdeer’s first venture in Canada and positions Alberta as a key player in the Bitcoin mining sector.
https://majorprojects.alberta.ca/details/Bitdeer-Crypto-Mining-Facility-Fox-Creek/11568

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4 points

I feel like everyone involved in a massive fossil fuel plant for bitcoin should be hanged for crimes against humanity.

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2 points

It’s saying it’s going to be carbon net Zero through carbon utilization. For me it’s too ambiguous to blindly trust it’s not going to be harmful to the environment… I wonder if someone smarter can chime in.

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10 points

What! A right to serve the public at the expense of the cryptobros? What a quaint, old-fashioned idea!

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8 points

Thank goodness our courts have common sense.

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5 points

Can we tax the use of ai computing power consumed next?

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