Quebec, Canada
Quebec is also a primary location for Bitcoin mining, driven by its access to hydroelectric power. It contributes 0.4% of the total Bitcoin mined each year.
The province has competitive energy prices, making it an attractive destination for mining operations.
Notably, Quebec hosts top mining companies such as Hydro-Québec, Bitfarms, and Hut 8 Mining Corp.
Furthermore, it operates under Canada's federal regulations, which support blockchain and crypto technologies.
Additionally, Quebec offers incentives such as tax credits to attract mining companies, fostering a favourable environment for crypto innovation.
