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Bitcoin Discussion
Re: Canada Continues to Attract More Crypto Mining Companies
by
Inn0vative1
on
12/03/2018, 03:58:05 UTC
Energy prices in Canada are relatively low, compared to most developed countries:
https://www.statista.com/statistics/263492/electricity-prices-in-selected-countries/
Also, keep in mind these are national averages. Some parts of Canada have substantially lower prices than this average. Also, the energy grid is very stable and reliable. This makes Canada an attractive destination for miners.