Sherbrooke mayor welcomes Quebec-owned cryptocurrency miner set to create up to 250 jobs
Steve Lussier, the mayor of Sherbrooke, said the bitcoin mining company Bitfarms will not get preferential or higher rates, but it will get bulk rates based on its energy consumption. Just south of the Quebec border, the mayor of Plattsburgh, N.Y., is calling for an 18-month ban on bitcoin mining, concerned about spiking energy costs, while 200 kilometres away, in Sherbrooke, Que., the new mayor is welcoming a bitcoin mining company to his city with open arms.
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