British Columbia is permanently banning new cryptocurrency mining operations from connecting to its power grid to conserve electricity for industries that generate more jobs and tax revenue. The province is also capping power allocations for AI and data centers, while launching a competitive allocation process in January 2026. CoinDesk reports: The move from the government of Canada's third-most populous province is part of a broader legislative and regulatory overhaul unveiled Monday [...]. "Government will also implement several regulatory and policy changes in fall 2025 that will ... permanently ban new BC Hydro connections to the electricity grid for cryptocurrency mining to preserve the province's electricity supply and avoid the overburdening of the electricity grid," the government said in a post on its website
The province said the restrictions will help prevent grid strain and ensure industrial development is powered by clean electricity. "We're seeing unprecedented demand from traditional and emerging industries," Charlotte Mitha, the president and CEO of power utility BC Hydro, said in the web post. "The province's strategy empowers BC Hydro to manage this growth responsibly, keeping our grid reliable and our energy future clean and affordable." Crypto mining operations often consume large amounts of electricity without creating many local jobs or tax revenue, according to the statement. By contrast, projects like mines or liquefied natural gas (LNG) facilities are seen as more beneficial to the economy.
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