5 votes

A bitcoin mining power plant secretly set up shop in Alberta. Now it's being forced to shut down

1 comment

  1. skybrian
    From the article: […] […]

    From the article:

    Work on the plant began in August 2020, and by fall — when neighbours started to get annoyed — it was operating at full capacity.

    There was just one problem: The company hadn't notified neighbours of its plans. Or the county. Or the provincial utilities commission — which allows power plants to be set up without approval if they meet several conditions, including only generating power for the company's own use and proving the plant has no adverse effects on people or the environment.


    If there's more Link Global can do to make residents happy, it will, said Jenkins. Even if it means packing up and going elsewhere.

    "If it's not gonna work there, we'll just shut it down; close the plant off, and it will sit there again."

    That might come as a surprise, but Jenkins said it's no trouble to relocate; that fits with how he sees Link Global operating within Alberta's energy ecosystem.


    Alberta is littered with nearly 200,000 dormant or abandoned oil and gas wells, often because they're no longer economically viable. It has raised the spectre that landowners and taxpayers could be on the hook for the cleanup costs, which the province estimates could be up to $30 billion, as well as prompted a push to find other uses for the facilities, such as powering cryptocurrency operations.

    2 votes