Canada’s British Columbia Bans New Bitcoin, Crypto Mining Operations

Markets 2025-10-22 18:27

Canada’s British Columbia is set to put a permanent stop on new grid connections to operations related to mining of Bitcoin and other cryptos.

British Columbia To Ban New Crypto Mining Grid Connections Permanently

According to a statement from British Columbia’s Ministry of Energy and Climate Solutions, the government is going to implement regulatory changes in Fall 2025 related to which industries receive electricity from the Canadian province’s grid.

In particular, British Columbia will limit the power available for data centers and AI, and permanently ban new BC Hydro connections for mining farms related to Bitcoin and other digital assets. BC Hydro is the region’s main electricity distributor, with its name alluding to the fact that most of the power in the province is generated using hydroelectrical stations.

The ministry said the legislation is to “ensure electricity is available for sectors that produce jobs, generate public revenues, and have the greatest opportunity to decarbonize, including mining, upstream natural gas, LNG, and manufacturing.

New cryptocurrency mining connections have already been suspended in British Columbia since December 2022, due to what the ministry described as the industry’s “disproportionate energy consumption and limited economic benefit.”

Initially, the suspension was to last 18 months, but in 2024, the government extended the period to 36 months. The mining ban would have been lifted in December 2025, but with the latest policy, the province has decided to make it permanent instead.

For other industries with limits on power, BC Hydro will have projects compete in early 2026 for “a two-year period that allocates 300 megawatts (MW) for AI, 100 MW for data centres, and amounts for hydrogen exports that will be set at a later time, as market conditions warrant.”

Canada’s British Columbia isn’t the only region where Bitcoin mining has faced pushback recently. The Southeast Asian nation of Laos is looking to end cryptocurrency mining by the end of Q1 2026, as reported by Bitcoinist.

Laos, which is another hub of hydroelectric power, intends to similarly redirect power away from digital-asset mining operations toward industries that produce jobs and add value to the local economy. In the case of the Asian country, the sectors its government is considering prioritizing include AI, metal refining, and electric vehicles.

Meanwhile, in Brazil, cryptocurrency mining companies are negotiating contracts with local electricity providers to tap into the country’s surplus of renewable energy, according to a Reuters report.

Tether, the issuer of USDT (the largest stablecoin in the world), earlier this year acquired a South American agriculture and renewable electricity producer to use its biomass-generated electricity to power a Bitcoin mining facility in Brazil.

Bitcoin Price

Bitcoin has again seen a pullback as its price has come back down to the $108,600 level.

Share to:

This content is for informational purposes only and does not constitute investment advice.

Curated Series

SuperEx Popular Science Articles Column

SuperEx Popular Science Articles Column

This collection features informative articles about SuperEx, aiming to simplify complex cryptocurrency concepts for a wider audience. It covers the basics of trading, blockchain technology, and the features of the SuperEx platform. Through easy-to-understand content, it helps users navigate the world of digital assets with confidence and clarity.

Unstaked related news and market dynamics research

Unstaked related news and market dynamics research

Unstaked (UNSD) is a blockchain platform integrating AI agents for automated community engagement and social media interactions. Its native token supports governance, staking, and ecosystem features. This special feature explores Unstaked’s market updates, token dynamics, and platform development.

XRP News and Research

XRP News and Research

This series focuses on XRP, covering the latest news, market dynamics, and in-depth research. Featured analysis includes price trends, regulatory developments, and ecosystem growth, providing a clear overview of XRP's position and potential in the cryptocurrency market.

How do beginners trade options?How does option trading work?

How do beginners trade options?How does option trading work?

This special feature introduces the fundamentals of options trading for beginners, explaining how options work, their main types, and the mechanics behind trading them. It also explores key strategies, potential risks, and practical tips, helping readers build a clear foundation to approach the options market with confidence.

What are the risks of investing in cryptocurrency?

What are the risks of investing in cryptocurrency?

This special feature covers the risks of investing in cryptocurrency, explaining common challenges such as market volatility, security vulnerabilities, regulatory uncertainties, and potential scams. It also provides analysis of risk management strategies and mitigation techniques, helping readers gain a clear understanding of how to navigate the crypto market safely.