The Canadian state-owned energy company Hydro-Quebec has received hundreds of applications from miners who are attracted by cheap electricity and mining-friendly cold climate in Canada.

Hydro-Quebec held negotiations with at least 30 mining businesses only within the last month. All of them were seeking to enter into a contract with Canada’s biggest electric utility. Chief executive officer Eric Martel claims to receive hundreds of applications from miners. The total amount of energy required to provide all those applications exceeds 9,000 MW, while the utility’s total generating capacity stands at 37,000 megawatts, the local newspaper Montreal Gazette reports.

“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.”

According to the publication, the company will need a few months just to evaluate all applications, but it is already clear that not everyone will be given a green light. Hydro-Quebec has no plans to build new hydropower plants. Furthermore, the company is considering the possibility of increasing electricity tariffs for miners.

The authorities of Quebec have already voiced the criteria by which the mining companies will be selected.

“If you want to come settle here, plug in your servers and do Bitcoin mining, we’re not really interested. There needs to be added value for our society; just having servers to do transaction mining and acquire new bitcoins, I don’t see the added value,” said Quebec Premier Philippe Couillard.

Currently, there are 40 data centers that use 350 MW in Quebec. It is expected that in the next two years the number of mining centers will grow by more than three folds, as well as the energy expenditure, up to 1,000 MW.