Square D lays off 31 workers
In an e-mail sent to employees, plant manager Mark Henning said the company needs to reduce its workforce to align production with its projected 2009 sales.
Square D, which is owned by the French company Schneider Electric, manufactures circuit breakers.
The layoffs are expected to go into effect January 5.
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BC Hydro suspends new crypto mining connections due to extreme electricity use
VANCOUVER - New cryptocurrency mining businesses in British Columbia are now temporarily banned from being hooked up to BC Hydro’s electrical grid.
The 18-month suspension on new electricity-connection requests is intended to provide the electrical utility and provincial government with the time needed to create a permanent framework for any future additional cryptocurrency mining operations.
Currently, BC Hydro already provides electricity to seven cryptocurrency mining operations, and six more are in advanced stages of being connected to the grid, with a combined total power consumption of 273 megawatts. These existing operations will not be affected by the temporary ban.
The…
