- British Columbia to permanently block crypto miners from accessing provincial electricity.
- New energy framework prioritizes job-creating, low-emission industrial sectors provincewide.
- Policy aims to protect clean power supply and support sustainable growth.
British Columbia is set to introduce a permanent ban on new cryptocurrency mining projects connecting to the provincial electricity grid. The move aims to preserve the province’s clean power supply and direct it toward industries that contribute more significantly to job creation and public revenue.
According to a government statement, the Energy Statutes Amendment Act has been submitted to the regional legislature to reinforce this commitment. The measure ensures that future electricity allocations reflect the economic interests of both British Columbia and Canada.
Officials emphasized that unchecked power demand from emerging industries in other regions has often led to higher electricity rates for taxpayers.
Also Read: Shiba Inu Burn Rate Soars Over 836,000%, Sparking New Curiosity Across Crypto
Policy Shift Targets Energy-Hungry Sectors
Starting in fall 2025, British Columbia plans to implement a series of policy adjustments that limit electricity allocations to data centers and artificial intelligence operations while enacting a complete ban on new crypto mining connections to BC Hydro.
The provincial utility, which relies primarily on hydroelectric power, has already enforced a temporary moratorium on crypto mining since 2022. The new legislation will make that suspension permanent.
Energy and Climate Solutions Minister Adrian Dix stated that the allocation framework will focus on supporting sectors such as mining, natural gas, and low-emission liquefied natural gas projects. He explained that this approach will prioritize industries capable of delivering tangible benefits to local communities and the province’s economy.
Focus on Sustainable Industrial Growth
Premier David Eby added that the policy would accelerate key infrastructure developments like the North Coast Transmission Line, a project intended to power industrial expansion while maintaining British Columbia’s clean energy leadership.
The government’s decision reflects growing concern about the strain crypto mining places on energy systems. As demand for clean electricity rises, the province aims to ensure that available resources fuel industries aligned with its long-term sustainability and economic goals.
This permanent measure underscores British Columbia’s strategy to manage its clean energy responsibly while safeguarding affordability for residents and supporting future-focused sectors that drive employment and growth.
Also Read: Pundit to XRP Holders, ‘We Are Ready to Rock’ – Here’s Why