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Crypto Mining Moratorium in New Brunswick: What It Means for Energy and Miners

Crypto Mining Moratorium in New Brunswick: What It Means for Energy and Miners Dec, 4 2024

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When New Brunswick stopped new cryptocurrency mining operations from connecting to its power grid in 2023, it didn’t just make a policy change-it sent a clear message: the province won’t let Bitcoin mining eat up its electricity. This wasn’t a temporary pause. It wasn’t a delay. It was a full stop. And for anyone thinking about setting up a crypto mine in the province, the answer is simple: you can’t.

Why New Brunswick Hit the Pause Button

Back in March 2022, the provincial government told NB Power, the Crown-owned utility, to stop approving any new electricity connections for crypto mining. At the time, the move was framed as an indefinite hold. But by November 2023, that hold became a permanent ban. No new mines. No expansions. No exceptions.

The reason? Electricity supply. New Brunswick’s grid isn’t infinite. And crypto mining-especially Bitcoin mining using Proof of Work-is one of the most power-hungry industries on the planet. A single large mining facility can use as much electricity as a small town. When you add up all the requests NB Power had received from miners, the total demand threatened to push the province’s entire grid past its limits.

In Manitoba, a similar concern led to projections that crypto miners could soak up 4,600 megawatts of power-nearly 75% of the province’s total capacity at the time. New Brunswick didn’t need a full projection to see the danger. The writing was on the wall. If miners kept coming, everyday residents would face higher bills, blackouts, or both.

What the Ban Actually Covers

This isn’t just about stopping new mines. It’s about freezing the entire sector in place. Existing crypto operations in New Brunswick can’t increase their power usage. If a mine was running on 5 megawatts in 2022, it’s stuck at 5 megawatts. No upgrades. No extra servers. No scaling up to chase more Bitcoin.

The ban targets only large-scale, grid-connected mining. Small home rigs using a few hundred watts? Those aren’t affected. The rule is aimed squarely at industrial operations-warehouses full of ASIC miners, data centers humming 24/7, all plugged directly into NB Power’s transmission lines.

NB Power doesn’t just say no. It actively blocks applications. Miners can’t even submit paperwork for a new connection. The utility has been ordered to refuse them outright. There’s no appeals process. No waiting list. No loopholes.

How This Compares to Other Provinces

New Brunswick isn’t alone in cracking down, but it’s one of the strictest.

Manitoba put a pause on new connections too, but theirs expires in April 2026. After that, they’ll reassess. British Columbia passed a law (Bill 24) to give BC Hydro legal power to cap crypto mining’s electricity use. They even won a court case against a company trying to force access to 2.5 million megawatt-hours a year. Hydro-Québec raised rates and capped usage-but still allows some mining to continue.

Then there’s Alberta. The opposite of New Brunswick. With deregulated power markets and government support, Alberta became a magnet for crypto miners after China banned mining in 2021. Mines popped up in former oil fields, using cheap natural gas and surplus wind power. Miners moved there because they could. New Brunswick made sure they couldn’t move there anymore.

A lone miner walks away from a locked gate, heading toward distant oil-field rigs at twilight.

Why This Matters Beyond the Province

New Brunswick’s ban isn’t just a local issue. It’s part of a global shift.

China shut down nearly all crypto mining in 2021, forcing operators to scatter. Many went to the U.S., Kazakhstan, and Canada. Now, those destinations are tightening up too. At least eight countries have outright banned mining. The world is realizing: Bitcoin mining isn’t just a tech trend. It’s an energy competitor.

Every kilowatt-hour used to mine Bitcoin is a kilowatt-hour not used to heat homes, charge electric cars, or power hospitals. As climate goals push countries to electrify everything-from transportation to heating-governments are forced to choose. And increasingly, they’re choosing people over proof-of-work.

New Brunswick’s move signals that even places with clean, renewable hydro power aren’t willing to sacrifice grid stability for mining. It’s not anti-technology. It’s pro-responsibility.

What Happens to Miners Now?

If you’re a crypto miner who had plans for New Brunswick? You’re out of luck. There’s no legal path to connect. No backdoor. No secret negotiation.

Some companies tried to disguise their operations as data centers or AI farms. NB Power is watching for that. Any facility using excessive power for non-essential computing is now under scrutiny. The province has made it clear: if it’s mining Bitcoin, it’s banned.

The result? Miners are moving. Alberta is seeing more traffic. Texas and Georgia in the U.S. are also gaining new facilities. Even Iceland, with its geothermal power, is seeing renewed interest. But the easy wins-cheap hydro in Canada-are disappearing.

A courtroom scale balances Bitcoin against a home, hospital, and school under a glowing dam.

Will the Ban Ever Be Lifted?

No one knows. The government hasn’t said when-or if-it will revisit the ban. Unlike Manitoba’s timed pause, New Brunswick’s moratorium has no expiration date. That suggests officials see this as a long-term stance, not a short-term reaction.

For the ban to change, something big would need to shift:

  • Significant upgrades to New Brunswick’s grid capacity
  • A major drop in Bitcoin mining’s energy use (like a switch to Proof of Stake, which Bitcoin won’t adopt)
  • A political change that prioritizes mining over consumer protection
None of those are likely anytime soon. Bitcoin mining still uses about 150 terawatt-hours a year globally-more than the entire country of Argentina. And there’s no sign that’s changing.

What This Means for the Future

New Brunswick’s ban sets a powerful example. It shows that regulation doesn’t have to come from complex laws or tax codes. Sometimes, it just comes from a utility company saying no.

Other provinces and states are watching. If New Brunswick can stop mining without hurting its economy-or even improving its electricity reliability-others will follow. The days of crypto miners treating public power grids like free energy fountains are ending.

The real winners? Homeowners. Small businesses. Schools. Hospitals. All of them benefit from a stable, affordable power supply. And in New Brunswick, that’s now the top priority.

Crypto mining isn’t going away. But its home is changing. And New Brunswick made sure it won’t be theirs.

9 Comments

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    Dick Lane

    October 29, 2025 AT 10:31

    Been watching this play out for years and honestly I’m glad they drew the line
    People act like electricity is infinite but it’s not
    My grandma in rural Maine still gets outages in winter and we’re supposed to let miners take priority?
    It’s not about hating tech-it’s about not letting greed rewrite the rules
    Simple as that

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    Norman Woo

    October 30, 2025 AT 11:26

    they say its about power but its really about control
    they dont want miners because they know crypto will expose how broken the system is
    the grid is fine they just dont want people to have real money
    theyll say its for the people but next theyll ban cash too
    watch

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    Serena Dean

    October 31, 2025 AT 15:50

    Big win for everyday folks!
    Every time a miner shows up, rates creep up and schools lose funding
    New Brunswick didn’t just say no-they said ‘we choose families over servers’
    And honestly? That’s leadership
    Other provinces should copy this. No fluff. No excuses. Just common sense.
    Also-small home rigs are still fine, so chill out, crypto bros 😊

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    James Young

    November 2, 2025 AT 11:48

    You people are delusional if you think this is about ‘grid stability’
    It’s about centralized control and fear of decentralized tech
    Bitcoin mining uses less power than Google and Netflix combined and you’re banning it?
    Meanwhile, your lazy politicians are still running diesel generators for their mansions
    Pathetic. This isn’t protection-it’s cowardice dressed up as policy

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    Chloe Jobson

    November 2, 2025 AT 12:15

    Energy allocation = public good prioritization
    Proof of Work = non-essential load
    Grid integrity > speculative compute
    Hydro = finite resource
    Residential > industrial mining
    Policy aligns with climate goals
    Legal clarity = market certainty
    Miners migrated → Alberta/Texas
    Net positive for consumers
    Model for other jurisdictions

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    Andrew Morgan

    November 3, 2025 AT 04:14

    Man I remember when we thought crypto was the future
    Now it’s like watching a kid smash a piñata while everyone else is trying to eat dinner
    They don’t get it
    It’s not about hating Bitcoin
    It’s about not letting one guy’s obsession turn your lights off at 8pm
    And honestly? Good on New Brunswick
    They didn’t yell
    They just said no
    And that’s more powerful than any law

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    Elliott Algarin

    November 4, 2025 AT 06:09

    It’s funny how we treat energy like a commodity when it’s really a life support system
    Bitcoin mining is just a very loud, very expensive way of asking ‘what’s the price of convenience?’
    And the answer New Brunswick gave was: not yours
    Not today
    Not ever
    Maybe we’re not ready for the future
    Maybe we’re just finally learning how to say no to things that look like progress but aren’t

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    John Murphy

    November 4, 2025 AT 07:55

    I wonder how many miners tried to sneak in as data centers
    And how many got caught
    I bet NB Power has a whole team just watching power spikes
    It’s like watching a cat guard a fishbowl
    They didn’t ban tech
    They just stopped letting it eat the house
    Smart move

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    Zach Crandall

    November 5, 2025 AT 04:43

    It is imperative to note that the cessation of new cryptocurrency mining operations within the jurisdiction of New Brunswick constitutes a legally enforceable administrative directive issued by the provincial Crown corporation NB Power, pursuant to the Electricity Act, RSNB 2011, c E-10, and is not a mere policy guideline. This action is grounded in statutory obligations to ensure the reliability and integrity of the provincial power grid, as defined under Section 24(1)(a). Furthermore, the prohibition extends to any entity attempting to circumvent this restriction through reclassification as an AI or cloud computing facility, which constitutes a violation of subsection 17(3) of the Energy Conservation Act. The absence of an appeals mechanism is not an oversight but a deliberate feature of regulatory finality, consistent with precedent established in the 2022 case of R. v. Digital Mining Corp. (NBCA 2022).
    It is therefore not open to interpretation.

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