BAIE-COMEAU, QUE. --
The City of Baie-Comeau, about five hours northeast of Quebec City, is delighted with the recent decision of the Regie de l'energie, which further opened the door to the distribution of electricity allowing the existence of a cryptocurrency network for remuneration.
Baie-Comeau Mayor Yves Montigny believes that the municipality was able to demonstrate to Quebec Minister of Energy and Natural Resources Jonatan Julien and to Hydro-Quebec president and CEO Sohie Brochu that it had the will and the know-how to welcome this type of business in order to develop its economy.
The City of Baie-Comeau, therefore, has the green light to enter into agreements with data centers or cryptocurrency companies for an additional block of 30 megawatts.