Energy Company Hydro-Quebec Looks to Attract Bitcoin Miners

Hydro-Quebc HQ is a public utility that manages the generation, transmission and distribution of electricity in Quebec, Canada, but it finds itself in a position of generating more power than its customers need.In an article from Le Journal de Qubec, ric Martel, president and CEO of HQ, relates how HQ is facing a death spiral for electricity consumption. Power consumption by customers in the province has been stagnating since 2007, as customers are adding more and more solar panels. At the sa