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Alberta Regulators Allow Crypto Mining to Pay Lower Energy Tariffs
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Alberta Regulators Allow Crypto Mining to Pay Lower Energy Tariffs
The air on the outskirts of Fort McMurray smells faintly of cold metal and gas. The slow creaking of oil pumps hasn’t changed in decades. A row of data centers the size of shipping containers, with their fans roaring steadily, hums next to one well site, however, transforming energy into digital currency. This is the location of Alberta’s covert experiment with energy pricing and cryptocurrency mining, far from Toronto’s financial towers. Regula…
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