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For Hydro-Québec, the bitcoin boom may be too much of a good thing.

Canada’s biggest electric utility has been inundated with requests to supply electricity to cryptocurrency miners eager to set up shop in Quebec — more than it can deliver.

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Chief executive officer Eric Martel has “received hundreds of applications” from such ventures in the past few weeks, which would need more than 9,000 megawatts of energy — about one-quarter of the utility’s total generating capacity of 37,000 megawatts. Hydro-Québec said last month it was in talks with more than 30 cryptocurrency companies.

“There’s a real craze for Quebec,” Martel said in an interview at company headquarters in Montreal. “I’ve got new LinkedIn friends from Russia, China and many other places. The phone has been ringing off the hook.”

The company has been courting cryptocurrency miners in recent months in a bid to soak up surplus energy from dams in northern Quebec. Power rates in the province are the lowest in North America, both for consumers and industrial customers.