@dezene@ecoevo.socialBC suspends energy supply to crypto mining: Good!
“#Cryptocurrency #mining consumes massive amounts of electricity... while creating very few jobs in the local economy. We are... (preserving) our #electricity supply for people who are switching to #electric #vehicles and #heat #pumps, and for businesses and industries that are undertaking #electrification projects that #reduce #carbon #emissions...”
(Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation)
@dezene but we’re still allowing 13 operations totaling 273 MW
@bio_fowler Yeah, it's unfortunate. I assume they anticipate legal difficulties with just shutting those down. Probably calculating they would lose time and money in the fight, and lose the court case too? Never should have allowed them in the first place, of course.
@dezene yep, but it’s a step in the right direction
@bio_fowler Maybe they have other plans to get rid of those by hiking taxes or regulations? As crypto prices drop, operations may be rapidly more susceptible to ramped up costs.
@dezene which is the equivalent of about 328,000 homes
@bio_fowler Ugh! That's brutal. I bet that's like all of Kelowna + more.
@bio_fowler Worse than one Kelowna-equivalent actually. 53,905 dwellings in Kelowna, so like six Kelownas. Wow!!!! Is that the entire interior of BC?
@dezene the 2016 census data says there are only 282,355 sfh in the whole GVRD. So, this could probably provide most of the electrical needs of private residences (including towers etc.) within greater Vancouver
@dezene *this estimate may contain a high degree of error, but that is a lot of electricity!!
@bio_fowler Good grief that’s awful. I’d normally say hindsight is 20/20, but I’m pretty sure energy usage was a part of the discussion from the start. Governments of the day must have just seen 
-signs and figured they might make a few bucks.