NL Hydro's move and other measures across the country reflect a growing trend of provinces limiting power access to the energy-intensive crypto sector. Photo by DMITRY DEMIDKO/Unsplash/Postmedia files
Newfoundland and Labrador has joined a growing number of provinces curbing cryptocurrency miners’ growing demands for power.
These mining centres use thousands of constantly running computers to create cryptocurrency , which requires huge amounts of power .
Producing Bitcoin annually consumes an estimated 138 terawatt-hours of electricity, based on a Cambridge Digital Mining Industry Report published in April. That’s just a bit less than the total electricity demand of 139.4 terawatt-hours in Ontario last year, according to the Independent Electricity System Operator, a provinc

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