Tag Archives: Canada

Major Bitcoin Mining Farm Goes Live in Canada

The bitcoin mining facility that DMG Blockchain Solutions announced it was building in British Columbia, Canada in July is now operational. Though the full capacity of the facility is 85 megawatts, initially only 60 megawatts will be made available at the operation that occupies 27,000 sq. ft. The power that the Mining as a Service (MaaS) operation will be using if generated purely from hydroelectricity. Besides installing a power substation purely for its needs, DMG has also had to build a road to the facility. Continue reading Major Bitcoin Mining Farm Goes Live in Canada

US and Canadian Securities Regulators Coordinate ICO Probe in ‘Operation Cryptosweep’

US and Canadian state and provincial securities regulators have opened probes into potentially fraudulent crypto investment programs in what has been dubbed “Operation Cryptosweep”, according to a press release May 21. The latest crackdown on suspicious crypto investment products is reportedly the largest such coordinated investigation by state and provincial officials. Continue reading US and Canadian Securities Regulators Coordinate ICO Probe in ‘Operation Cryptosweep’

Why Canada has Emerged as a Leading Blockchain and Crypto Nation

Canada has emerged as a leading crypto nation based on its innovation, low energy costs, high internet speed and favorable regulatory regime. While it ranks third in the world behind the U.S. and the UK when it comes to embracing Blockchain technology, Ethereum Blockchain technology adoption around the world with a wide variety of applications in finance, government, legal, health, education, space, national and multinational cryptocurrencies, energy, initial coin offerings and others is unparalleled. Continue reading Why Canada has Emerged as a Leading Blockchain and Crypto Nation