British Columbia has taken a bold step to ensure its stable energy grid by banning new cryptocurrency mining projects. This decisive action, as part of the province’s initiative to manage electricity consumption for emerging industries like AI and data centers, aims to boost economic growth and create local jobs. The new legislation prioritizes the use of clean energy resources for industries with more consistent revenue streams, such as natural gas and mining. The government is prepared to allocate significant amounts of renewable energy to these sectors while limiting demand for electricity from rapidly growing but less predictable fields like AI data centers.