Who Knew? Bitcoin Might Just Be Canada’s Secret Weapon Against Methane!
Canada, a country rich in natural resources, stands as one of the world’s leading energy producers. This distinction, however, is not without its challenges. A significant portion of the nation’s energy production is tied to the oil and gas sector, which, while economically lucrative, presents an environmental conundrum. At the heart of this challenge is […]
Get Ready for a Unique Experience at Canada’s First Exclusive Bitcoin Conference
Are you ready for a unique experience at Canada’s first exclusive Bitcoin conference? This groundbreaking event brings together enthusiasts, professionals, and newcomers from across the nation to celebrate the innovative ideas, concepts, principles, and technologies that define the Bitcoin community. The focus of this conference will be on examining the impact of Bitcoin in various […]
Crypto Mining Rigs Uncovered: Expert Tips for Canadian Buyers
The world of cryptocurrency is ever-evolving, and as digital currencies continue to gain popularity, crypto mining rigs have become an essential part of this growing industry. With numerous mining hardware options available, Canadian buyers must consider various factors to ensure they invest in the best equipment possible. This guide will provide an in-depth look at […]
Sophie Brochu’s Departure from Hydro-Quebec: What Does It Mean for Bitcoin Mining in Quebec?
Sophie Brochu’s departure from Hydro-Quebec marks the end of a three-year term starting April 2, 2020, at an annual base salary of $580,000. Ms. Brochu was widely appreciated by both Premier Legault and Minister Fitzgibbon for her work in major projects such as the $30-billion hydro-export agreement with New York and the development of Quebec’s […]
Bitcoin Mining Competition Is Increasing
Hundreds of cryptocurrency coins have been invented, but none have stood the test of time like Bitcoin. Bitcoin is such a significant player in cryptocurrency that it influences the movements of other coins. Once you decide to get into the cryptocurrency space, you’re likely to be either one of these two types. You are either […]
How Bitcoin mining Colocation Can Maximize Your Gains
Bitcoin has grown by leaps and bounds during the past few years. Bitcoin uses a decentralized, distributed network to operate. This means that there is no central power when it comes to Bitcoin. The entire process runs using its own set of rules. It is these rules that determine how and when people make money […]
Is Bitcoin Taxable in Canada?
During the past few years, there have been several major changes that have taken place in the financial world and one of the biggest has been the development of cryptocurrency. Also called digital currency, this has been led by Bitcoin. What makes Bitcoin unique is that this currency operates using a distributed, decentralized network. Now […]
Integrating Bitcoin Mining to the Rest of the Power Grid
The world of Bitcoin is a complicated place. It is also growing in popularity. Therefore, Bitcoin finds itself in the spotlight more than it has in the past, with numerous people seeking to understand just how Bitcoin works, how they can make money using it, and why it has become so popular. Bitcoin even has some of the biggest […]
How Digital Currencies are Regulated in Canada
One of the biggest aspects of any currency involves how it is regulated. With the growth of digital currencies, this topic has been thrust into the spotlight once again. The idea of regulation with respect to digital currencies has been a major focus of debate. While this might not have been a major topic of […]
All About Crypto Mining in Canada
Bitcoin mining is all the rage right now and the future looks very bright for it. What exactly is bitcoin and what does a cryptocurrency miner do? Why are Canadian mining firms poised to capitalize on this trend? These questions and more will be answered in this article. Why is Canada Considered the Crypto Mining Hub? […]
What To Look For in a Bitcoin Mining Colocation Provider
The world of cryptocurrency is growing quickly. The past ten years have seen the emergence of numerous types of cryptocurrency, the most popular is Bitcoin. Indeed, Bitcoin has been the standard-bearer of the entire industry for quite some time. In the beginning, many people were unsure of what would happen to Bitcoin. It burst onto the […]
Can Bitcoin Be Mined With Graphics Cards
The actual process is more complicated than you might think, but you have a machine that will perform the hard work of mining for Bitcoins. This machine will have several different components that perform in concert. You’ll need the system to contain a computer that has an internal power supply that can produce enough energy […]
Is It Legal To Buy Bitcoin In Canada
As a Canadian, if you’ve ever considered buying Bitcoin, you’ve probably asked yourself, “Is this legal?” Yes, it is legal to buy bitcoins and many other cryptocurrencies in Canada. This is still subject to the AML and other relevant regulations. However, cryptocurrencies are not considered to be legal tender in Canada. Canada’s tax laws and […]