Company that had 3 secret cryptocurrency mines must pay $400K, cease operations in Alberta (CBC News)

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    Company that had 3 secret cryptocurrency mines must pay $400K, cease operations in Alberta – By Madeleine Cummings (CBC News) / Feb 1, 2024

    Residents’ noise complaints prompted Alberta Utilities Commission to investigate

    A Vancouver company has been ordered to pay more than $400,000 in penalties and legal expenses for having multiple unsanctioned cryptocurrency mines in Alberta.

    The Alberta Utilities Commission investigated Green Block Mining after residents in 10 households complained about noise from a natural gas plant near Greystone Manor, a neighbourhood in Sturgeon County, north of Edmonton.

    The commission discovered the company, formerly known as Link Global, had set up four 1.25-megawatt gas generators on the site, powering computer servers that were mining digital currency.

    It also learned that the company had two other plants — one in southern Alberta’s Special Area 3 and another in Westlock County, north of Edmonton.

    CONTINUE > https://www.cbc.ca/news/canada/edmonton/green-block-mining-settlement-utilities-commission-1.7099790

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