British Columbia Permanently Bans New Crypto Mining Operations Amid Electricity Constraints
British Columbia has solidified its stance against energy-intensive cryptocurrency mining by making a temporary restriction permanent. The province's new legislation blocks all new grid-connected mining operations from accessing its clean energy supply, effectively halting industrial-scale expansion in the sector.
The MOVE comes as part of a broader Electricity Allocation Framework designed to prioritize power for projects with higher economic value. While existing miners can continue operations, the ban signals growing regulatory headwinds for proof-of-work cryptocurrencies in energy-conscious jurisdictions.
Notably, the prohibition appears targeted at large-scale operations rather than all mining activities. The decision reflects ongoing tensions between crypto's energy demands and regional power infrastructure limitations across North America.
