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from the forestry-and-mining-and-crypto,-oh-my dept.
Reuters reports: https://www.reuters.com/article/us-crypto-canada-mining/as-cryptominers-eye-quebec-forest-companies-see-opportunity-idUSKBN1FR2PM
At least two Canadian forestry companies are reviewing offers by cryptocurrency miners who want to lease excess mill space in Quebec, a province where electricity prices are among the lowest in North America.
Resolute Forest Products and Fortress Global Enterprises said they have received interest from Canadian and foreign cryptominers, although both cautioned their talks are preliminary.
"They want space and cheap power," Chad Wasilenkoff, chief executive of British Columbia-based Fortress Global, said. U.S. miners are interested in space at the company's Quebec dissolving pulp mill, he added.
[...] Miners are looking at the pulp and paper industry because their facilities are already equipped to meet the needs of the energy-sapping cryptomining industry.
(Score: 3, Insightful) by DannyB on Friday February 09 2018, @08:06PM (1 child)
Crying solves nothing. Mother Earth should take action to do something about it. Sinkholes. Earthquakes. Lightning. Tornadoes. Volcanoes. Tsunamis. Justin Bieber music. I suppose asteroids are out of her jurisdiction.
Force them to only mine sustainable crypto currencies with renewable recyclable bits.
Just a domesticated Peeve, but every time I hear someone talking about crypto currency and calling it "crypto" I think they are an idiot.
In the end, I think we're going to look back at all types of crypto currencies and realize what a vast waste of resources it was. Even worse than Facebook or Twitter.
The lower I set my standards the more accomplishments I have.
(Score: 2) by MichaelDavidCrawford on Saturday February 10 2018, @02:03AM
Because that way other crypto enthusiasts will know what I'm talking about
Yes I Have No Bananas. [gofundme.com]