Canada

Chinese Bitcoin Mining Continues to Dominate 55 Percent of Global Hashrate Despite Crypto Ban
Canada’s Indigenous Tribe to Mine Bitcoin Using Hydro Power

The Mohawk Council of Kahnawake (MCK) and Kahnawake Blockchain Technologies are to apply for more energy to Hydro Quebec. MCK also partners with Pow.re to mine cryptocurrency. Kahnawake would obtain a percentage of the Bitcoin mined. Quebec’s governing body Mohawk Council of Kahnawake (MCK), which members created the new fintech Kahnawake Blockchain Technologies, permitted the fintech firm to apply for more electricity in Hydro Quebec. The energy will be used to power the community’s cryptocurrency mining operations. According to the published article of Local Journalism Initiative Reporter Marcus Bankuti, the idea was suggested by the company Pow.re, which offers a