Hydro-Quebec’s plan known as for the Regie de l’energie, or Canada Power Regulator, to droop the allocation of a 270 megawatts (MW) already deliberate for the trade. “In gentle of the numerous improve within the anticipated demand for electrical energy and the tightening power and capability balances, Hydro-Quebec filed a request with the Regie de l’energie concerning suspension of the allocation course of to the blockchain trade,” the corporate stated in a press release. “Underneath this course of, roughly 270 MW had been slated to be devoted to cryptographic use over the brief time period, however the allocation of that quantity of capability to this use would improve stress on present balances,” the assertion added.