According to local media reports, Canada’s Manitoba province has imposed an 18-month moratorium on new crypto mining operations, citing the risk of overloading the local grid with new projects. This is the latest in a string of jurisdictions to halt or slow the approval of new crypto mining operations, citing concerns that the miners’ load will negatively impact local communities. “We can’t simply say, ‘Well, anyone can take whatever [energy] they want and we’ll just build dams,'” Finance Minister Cameron Friesen, the minister in charge of Manitoba Hydro, said on Monday, according to CBC and CTV News Winnipeg.
