As cryptominers eye Quebec, forest companies see opportunity at pulp mills

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As cryptominers eye Quebec, forest companies see opportunity at pulp mills

February 12, 2018 - 18:22
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MONTREAL, Feb. 12, 2018 (Reuters) -At least two Canadian forestry companies are reviewing offers by cryptocurrency miners who want to lease excess mill space in Quebec, a province where electricity prices are among the lowest in North America.

Resolute Forest Products and Fortress Global Enterprises said they have received interest from Canadian and foreign cryptominers, although both cautioned their talks are preliminary.

Reuters - As cryptominers eye Quebec, forest companies see opportunity

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