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Questions tagged [lose bid]

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CherryBlossomDance CherryBlossomDance Sat Feb 22 2025 | 5 answers 753

Why did BC Hydro lose a bid to power a cryptocurrency mining company?

BC Hydro, a major electricity provider, recently lost a bid to power a cryptocurrency mining company. I'm curious about the reasons behind this loss, considering BC Hydro's significant power generation capacity.

Why did BC Hydro lose a bid to power a cryptocurrency mining company?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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