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Market News

British Columbia Permanently Bans New Crypto Mining Projects

British Columbia bans new crypto mining to protect its power grid, focusing on sustainable growth, AI regulation, and community benefits.

Written By Kenrodgers Fabian Kenrodgers Fabian
Fact Checked by Divya Mistry Divya Mistry
Published 2025-10-21·Updated 8 months ago
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British Columbia Permanently Bans New Crypto Mining Projects

British Columbia has taken a decisive step to safeguard its power grid by permanently banning new cryptocurrency mining projects. Canada’s third most populous province introduced new legislation to manage electricity use among emerging industries such as artificial intelligence and data centers. 

Authorities said in a press release that the move ensures the region’s clean energy resources support projects that bring stronger economic benefits and more jobs for residents. Minister of Energy and Climate Solutions Adrian Dix noted that British Columbia (BC) should act with “urgency to leverage our clean-electricity advantage”. 

The government will prioritize electricity connections for industries such as natural gas and mining, which generate more consistent revenue. “Other jurisdictions have been challenged to address electricity demands from emerging sectors,” the energy ministry said Monday, warning that poorly managed growth could lead to higher rates for consumers.

Limiting AI power demand

Besides curbing crypto mining, BC plans to regulate electricity available for AI data centers. BC Hydro, the state-owned utility, will allocate 300 megawatts for AI and 100 megawatts for data centers in a competitive process beginning in early 2026. 

To put things in perspective, Meta’s new data center in Texas could use as much as 1 gigawatt of power on its own. Meanwhile, industries like forestry, hydrogen, and manufacturing in BC won’t face power limits, helping them grow steadily over time.

Infrastructure and indigenous participation

BC also plans to speed up work on the North Coast Transmission Line by skipping some lengthy approval steps, which could save up to 18 months. The government will change how power connection costs are handled so several companies can share the financial load instead of just one. 

In addition, new rules will allow Indigenous communities to own part of future power projects, helping them benefit more directly from local development.

British Columbia’s decision is a big shift in how regions manage power use. It shows the growing struggle between making money and saving energy, and it could inspire other places to rethink crypto mining’s heavy power demands.

Also Read: UK Retail Investors Gain Access to Bitcoin and Ethereum ETPs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Fabian is Crypto Journalist at The Crypto Times
By Kenrodgers Fabian
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Kenrodgers Fabian is a Crypto Journalist at The Crypto Times, based in Kenya. He reports on high-profile global financial fraud, investment scams, phishing schemes, and cross-chain protocol exploits. His coverage heavily tracks systemic crypto vulnerabilities, ecosystem security breaches, and central bank shifts toward stablecoins and tokenized finance infrastructure. All investigative coverage on crypto cybercrimes and security events passes through his desk before publication. His four years in fast-paced crypto media have shaped his structured approach to deciphering malicious smart contracts, verifying data-heavy fraud cases, and providing accurate reporting on digital currency risks.
Divya Mistry
By Divya Mistry
Follow:
Divya Mistry is the Senior Editor at The Crypto Times. She leads the central editorial desk, overseeing the review and publication of policy analyses, investigative reports, exchange coverage, and protocol exploit stories. Her editorial remit spans digital asset markets, global exchange operations, cross-border digital asset settlements, regulatory developments, and other key developments shaping the cryptocurrency industry. Divya brings more than a decade of experience in editorial strategy, content development, public relations, marketing communications, and research. Before joining The Crypto Times, she worked across multiple sectors, including finance, technology, education, healthcare, real estate, entertainment, lifestyle, and vertical transport, contributing to both digital and print publications. Her research and content work has been featured on platforms including DNA India, Zee, Forbes, and Elevator World India. She holds a Master's degree in English Literature from the University of Mumbai. Drawing on her background in long-form publishing, research, and editorial leadership, she reviews and refines complex stories to ensure accuracy, clarity, and strong editorial standards before publication.

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