Post
Topic
Board Bitcoin Discussion
Re: Canada Continues to Attract More Crypto Mining Companies
by
kaya11
on 12/03/2018, 04:25:54 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.

It's just a matter of time when the bad boys of the government put additional taxes to the electrical bills in a certain country where there are lot of mining facilities running. Here in our region they are adding taxes to the electricity bill. I don't know if it were intended for the miners or it was just another congress bill.