China has become one of the largest cryptomedical mining communities, but the country's authorities are reportedly likely to introduce regulatory measures on crypto-coin farmer operators soon.
As a result, some of the largest mining companies seek to expand overseas. Bitmain Technologies, one of the largest Chinese bitcoin miners, plans to enter Quebec, Canada.
Company spokesman Nishat Sharma told Reuters that Bitmain Technologies is discussing prospects of this deal with Quebec's regional authorities. In addition, the company plans to expand to Switzerland.
Bitcoin mining consumes huge amounts of energy because computers must solve mathematical problems to authenticate crypto-currency transactions that are stored in the blockchain. This process requires a lot of energy.
Stephane Paquet, vice president of the Montreal International company that promotes foreign investment, called Canada the place for "green bitcoins".
According to data from utility company Hydro Quebec, the province has an energy surplus of 100 Terawatt-hours over ten years. A Terawatt-hour feeds about 60,000 homes in Quebec for a year. Quebec is rich in energy, so this province is attracting Chinese miners.
"We, and from what I understand many of our peers, are already making plans to go abroad," said Li Wei, executive director of ZQMiner, a Wuhan-based company that sells bitcoin mining equipment and has mines in three Chinese provinces.
David Vincent, Hydro Quebec's director of business development for distribution, has stated that at least three or four of the top five criptomoedas miners are working with his company.
Currently, miners want to find existing services in Quebec that already have buildings and other necessary infrastructures.
Nenhum comentário:
Postar um comentário