USELESS Coin eyes a new peak if the current momentum is sustained.USELESS Coin eyes a new peak if the current momentum is sustained.

Useless Coin – Identifying factors behind coin’s 22% daily surge

2025/10/19 00:00
USELESS Coin up 22% as Coinbase users fuel the surgeUSELESS Coin eyes a new peak if the current momentum is sustained.
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Canadian Province Bans Crypto Mining With New Energy Bill

Canadian Province Bans Crypto Mining With New Energy Bill

The post Canadian Province Bans Crypto Mining With New Energy Bill appeared on BitcoinEthereumNews.com. This week, the government of British Columbia announced it will permanently ban new cryptocurrency mining connections to the province’s electricity grid to protect the power supply. The move makes Canada’s third-largest province a non-viable location for new grid-connected mining facilities. It also signals that existing crypto miners will find it nearly impossible to expand their operations.  Sponsored Sponsored Permanent End for Grid Crypto Expansion British Columbia is moving to make its temporary restriction on new cryptocurrency mining connections a permanent ban, according to legislation introduced this week. The move closes the door on expanding industrial-scale crypto mining within the province. It effectively cements British Columbia as one of the first jurisdictions in North America to explicitly exclude the sector from accessing its publicly owned, clean-energy supply.  Canadian Province Moves to Limit AI Power Use, Ban Crypto Mining British Columbia proposed legislation to limit how much electricity will be available to artificial intelligence data centers, and moved to permanently ban new cryptocurrency mining projects. The government of… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) October 20, 2025 The ban on crypto mining is not an isolated measure. Instead, it’s BC’s most far-reaching component of a new Electricity Allocation Framework designed to address unprecedented electricity demand and ensure the province’s clean energy goes toward projects that maximize economic benefit.  The ban, however, doesn’t include all types of mining. According to the government’s press release, traditional mining will still have access to the power grid. “Our new allocation framework will prioritize vital growth in sectors like mining, natural gas, and lowest-emission LNG, while ensuring our clean energy is directed to projects that deliver the greatest benefit to British Columbians,” said Adrian Dix, Minister of Energy and Climate Solutions. Sponsored Sponsored While the bill has not been enacted, it’s strongly poised to pass. As a…
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2025/10/22 05:35
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