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B.C. bitcoin mine plans to transform into AI data centre, regional district says it is already thwarting bylaw (www.cbc.ca)

submitted 5 days ago by LimpRimble@lemmy.ca to c/britishcolumbia@lemmy.ca

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"They aren't the best neighbours," said Grace McGregor, a director with the Regional District of Kootenay Boundary, representing the small municipality of Christina Lake, about DMG Blockchain Solutions.
...
"Frankly, we try to talk to them. They don't want to talk ...They don't answer us," said McGregor.

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[–] AlternateRoute@lemmy.ca -1 points 5 days ago

Bitcoin mining by nature does not produce anything of value.. It literally is the most in efficient way to process transactions by design to try and avoid anyone from taking over the the whole chain. Due to built in scarcity mechanism it doesn't even really produce new bitcoins with much frequency anymore

At least AI has "some" practical use