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Crypto Craze Has Hydro-Quebec CEO’s Phone ‘Ringing Off the Hook’

  • New applications would use a quarter of utility’s capacity
  • ‘I cannot host the entire planet,’ Hydro-Quebec CEO says
Routs in Bitcoin, Stocks More Linked Than You Might Think: Chart
Photographer: Akos Stiller/Bloomberg
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For Hydro-Quebec, the bitcoin boom may be too much of a good thing.

Canada’s biggest electric utility has been inundated with requests to supply electricity to cryptocurrency miners eager to set up shop in Quebec -- more than it can deliver.