According to a report from Canada’s Local Journalism Initiative, members of the Mohawk Nation from Kahnawake are looking into using electricity from Hydro Quebec in order to power cryptocurrency mining operations. The Mohawk Council of Kahnawake (MCK) created a new organization to research crypto-mining opportunities that could be added to the council’s economic development portfolio.
Mohawk Council Members Create Kahnawake Blockchain Technologies, Group to Research Crypto-Mining
Members of the Mohawk Council of Kahnawake (MCK) and the newly created Kahnawake Blockchain Technologies (KBT) are interested in expanding its economic development opportunities with cryptocurrency mining. Marcus Bankuti, a Local Journalism Initiative (LJI) reporter published an article on MCK seeking energy to produce a crypto mining unit. Bankuti quotes MCK chief Mike Delisle, the council’s economic development portfolio lead. Delisle believes crypto mining could provide an exciting revenue opportunity...
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