——— DIGITALLY MINING QUEBEC’S FUTURE Bitfarms’ machines are solving math problems in order to collect or mine Bitcoin, the world’s most famous digital currency. Companies have sprouted all over the world in an attempt to cash in on the cryptocurrency industry. But Bitfarms stands out. The Montreal-area company is trying to set itself apart as much by its infrastructure and vertically integrated business model as for its attempt to reduce the social stigma associated with the industry’s voracious energy usage. Since its inception in 2017, Bitfarms has been rushing to retrofit factories in Quebec regions emptied out by the decline of the province’s manufacturing industries. ——— ALSO IN THE NEWS:
— NDP unveil plan to make web giants like Netflix and Facebook pay their fair share of taxes.
— Gov.-Gen. Julie Payette welcomes Croatian President Kolinda Grabar-Kitarovic on her official state visit.
— Alex Trebek, host of Jeopardy, takes part in the official opening of the Centre for Geography and Exploration in Ottawa.
— Supreme Cannabis Company Inc. will release its third-quarter results after market close.
— Ensign Energy Services Inc. to release its first quarter results.
— Labour Minister Patty Hajdu makes an announcement on government support to Canadian youth facing barriers to employment.
— Premier Jason Kenney and Finance Minister Travis Toews will speak about their plan to create jobs and get Albertans back to work.——— The Canadian Press