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ARTICLE · 12 APRIL 2022

Cryptocurrency Mining Opportunities For Western Canada's Energy Industry

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The world has paid significant attention to the cryptocurrency industry over the past year. Bitcoin, one of the most popular cryptocurrencies, hit multiple all-time highs in 2021.

CanadaTechnology
Brady Chapman
Brady Chapman
Ken Tennenhouse
Ken Tennenhouse
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The world has paid significant attention to the cryptocurrency industry over the past year. Bitcoin, one of the most popular cryptocurrencies, hit multiple all-time highs in 2021. Despite the known volatility of cryptocurrencies, interest from potential investors keeps growing as the institutional adoption of cryptocurrencies continues.

Cryptocurrencies are produced and introduced into the market through cryptomining, a highly complex and energy-intensive process that requires powerful computer processors with high electricity consumption. The growth in cryptomining has resulted in a significant increase in global energy consumption – with some raising concerns about how cryptomining aligns with

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