A Superior Court judge granted the province’s trade group for industrial electricity consumers intervener status in a pair of lawsuits against the public electricity utility. The association, which represents some of the largest electricity consumers in the province, said it supported the efforts of Bitfarms, Hive and Quebec-based Énergie Flumen to nullify rate hikes for crypto mining operations in the province, enacted in February 2026. (The Logic)
Talking point: Bitfarms and Hive filed a lawsuit against Hydro-Québec in March, alleging the utility’s rate hikes are unfairly punitive toward crypto mining operations in the province. Both companies have already largely exited the crypto mining space. Hive pivoting to AI computing in 2023 and Bitfarms followed suit last November. In April, Bitfarms changed its name to Keel Infrastructure and converted its 13 mining sites in North and South America into AI and high-performance computing data centres. The second lawsuit by Énergie Flumen was also filed in March.
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