2025-6-20 18:26 |
Norway is cracking down on crypto mining, despite abundant clean energy. origin »
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Sazmining launches a bitcoin (BTC) mine in Norway that will heat a building, aiming to demonstrate sustainable mining benefits despite past regulatory concerns.
2024-10-29 18:55 | |
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The shutdown of a Bitcoin mining facility in Norway caused a 20% increase in electricity bills for the town's residents. The loss of the mining operation's revenue forced the local power company to raise rates to offset costs.
2024-9-16 16:26 | |
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How will Norway’s crackdown on crypto mining impact the global Bitcoin market and the country’s economy? Amid the recent completion of Bitcoin’s (BTC) fourth halving, which saw miner rewards halved to 3.
2024-4-23 13:19 | |
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In the world of cryptocurrency, where values soar and plunge unpredictably, David Schwartz, Ripple’s Chief Technology Officer, addresses community speculation about his wealth. Related Reading: Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage Ripple CTO: Clarification Amidst Confusion The latest clarification from Schwartz comes in response to a curious observation made during […]
2024-4-17 18:00 | |
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Regulators in Norway are looking to clamp down on cryptocurrency mining via a new law for data centers operating in the nation. According to a report from local media VG, the new framework will mandate that data centers register officially…
2024-4-17 13:18 | |
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The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining. The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s resolve to regulate and potentially shutter cryptocurrency mining operations within its borders.
2024-4-17 10:30 | |
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Energy-intensive crypto mining is an example of a type of business not wanted in Norway, Minister for Energy Terje Aasland reportedly said.
2024-4-15 16:24 | |
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Bitcoin cloud mining and mining services company, Bitdeer Technologies Group, has released operational updates for June 2023, highlighting continued efforts to expand infrastructure and increase the managed hash rate.
2023-7-10 14:40 | |
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In 2022, the Bitcoin network consumed 0.5% of the world's electricity - more than Argentina, but less than Norway. The amount of electricity needed to maintain the network is rapidly growing every yeaThe post Get started with cloud mining with QubitHashes appeared first on AMBCrypto.
2023-2-8 17:15 | |
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Bitcoin mining centers are constantly shifting as new nations emerge as regional hubs. Norway is leading the charge in Europe due to its plentiful energy reserves. The post How Norway Has Become Europe’s Biggest Bitcoin Mining Hub appeared first on BeInCrypto.
2023-1-25 11:00 | |
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Miners moved to northern Norway and Sweden to avoid high energy costs. Now, power prices are surging there, too.
2022-12-23 18:18 | |
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The Australian company also bought Hydrokraft AS, a leading renewable energy-based data center in Norway.
2022-11-17 18:00 | |
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Cryptocurrency mining surf a large quantity of electricity. And since the crypto industry saw widespread adoption in recent years, it scaled up mining activities likewise, which caused electricity shortages in some countries like Iran and Kosovo.
2022-10-7 02:59 | |
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Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.
2022-9-29 15:00 | |
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On May 10, 2022, the parliament of Norway voted against a proposed ban on Bitcoin mining in the country. This was good news for crypto miners, who were relieved at the decision. Red Party (communist party of Norway) initially recommended a plan to restrict the Bitcoin mining activities in Norway in March 2022. However, the […]
2022-5-14 01:00 | |
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A bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament.
2022-5-14 17:59 | |
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The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on Tuesday.
2022-5-14 15:15 | |
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What makes this Arctic outpost so attractive to bitcoin miners, considering the country’s tiny geographical size and small population?
2022-4-21 00:30 | |
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Norway’s Bitcoin mining credentials are impressive: The small European country hosts 0.77% of Bitcoin’s hash rate using 100% green, renewable energy.
2022-4-4 15:45 | |
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Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government Bjørn Arild Gram insinuated in an interview with Euronews. At the moment, the Nordic country is “considering potential policy measures” to address the “challenges related to crypto mining.
2021-11-21 15:53 | |
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Andy is joined by Samson Mow, CSO at Blockstream. Samson discusses the partnership between Blockstream and Seetee, a new Bitcoin company started by a 100-year-old company from Norway. He talks about the drop in hashpower from Chinese miners as American miners increase, and he explains why he thinks Bitcoin will hit $100k in 2021 and could go even as high as $300K leaving $100K as the new price floor.
2021-3-22 06:00 | |
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Nordic Bitcoin miners are thriving amid the ongoing bull run
2020-12-27 12:22 | |
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Marco Streng is the CEO of Genesis Mining, one of the largest Bitcoin cloud-mining companies. Genesis has mining locations in Iceland, Greenland, Norway and Europe. Marco studied mathematics at the Ludwig Maximilian University of Munich.
2020-4-5 04:00 | |
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Intercontinental Exchange has added new coins to its cryptocurrency data feed and we’ve got the details in this installment of The Daily. This edition also features Coincheck’s announcement that it plans to sell its BSV holdings and reimburse users with Japanese fiat currency.
2019-3-20 13:35 | |
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In this edition of The Daily, we look at Liberstad’s progress toward building a libertarian community in Norway. The city has just issued its own digital coin. Also, crypto mining contracts have been classified as securities in the Canadian province of Quebec.
2019-2-17 14:30 | |
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A foreign investor had planned to invest $116 million to build a crypto mining facility in Norway. However, it does not seem to be going forward because the country’s government has decided to exempt crypto mining centers from receiving tax subsidies.
2018-11-29 18:32 | |
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Around the world, the cost of mining seems to be predominantly expensive as a result of how much electricity is needed. In Norway, new tax rates have been established that makes electricity even more expensive, but miners don’t want to take this laying down.
2018-11-28 09:42 | |
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The neighboring country may provide a home to those wishing to leave Norway.
2018-11-28 20:53 | |
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With Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden.
2018-11-27 11:15 | |
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Come the new year, cryptocurrency mining outfits in the Scandinavian country must pay regular electricity taxes.
2018-11-27 23:40 | |
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According to a report published by Norway’s largest distributed newspaper Aftenposten to November 21, 2018, the Scandinavian country’s government has decided to do away with electricity subsidy provided to bitcoin mining entities.
2018-11-24 15:00 | |
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Data center managers in Sweden are expecting a deluge of inquiries from cryptocurrency mining operations in Norway. The Norwegian authorities this week revoked energy tax subsidies for the sector, throwing the future of many companies into doubt.
2018-11-24 15:00 | |
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Crisis Ahead: Norway Ends Power Tax Subsidy For Bitcoin Miners When you hit rock bottom, it can only get worse, or at least is what the Bitcoin miners in Norway must be thinking right now. The Norwegian government has decided that it no longer supports BTC mining and has decided to cut the power subsidy […]
2018-11-23 08:05 | |
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In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors.
2018-11-23 04:40 | |
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In mining news, Norway will revoke electricity subsidies currently available to cryptocurrency miners at the start of next year. Also, Bitmain has opened a 12 megawatt data center in East Wenatchee, Washington, and Bitfury has announced new additions to its advisory board and board of directors.
2018-11-23 04:40 | |
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Bitcoin mining is unquestionably a costly business, but Northern Bitcoin claims to have cut expenses by using a former metal mine in Norway. Innovation Station Bitcoin mining is unquestionably a costly business, both in financial and ecological terms.
2018-11-11 14:30 | |
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A decommissioned mine in the Norwegian Fjords is alleged to have been converted into a data centre, designed to mine Bitcoin in an efficient and sustainable manner. It’s not the first time an old mine has been re-designed as a Bitcoin mine, there’s a very good reason for that too, old mines allow for the perfect environment for cryptocurrency mining.
2018-9-3 18:00 | |
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Where miners once stood to mine olivine, computer equipment has now taken centre stage. Located in the fjords of Norway is a former olivine mineral mine that began its operations in the late 1970s.
2018-8-31 15:17 | |
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Bitcoin mining can be a lucrative venture under the right circumstances. Most countries around the world lend themselves to this type of activity, including Norway. Unfortunately, it seems one particular operation may be shut down because it is generating too much noise for surrounding residents. Noise Is an Issue for Bitcoin Miners When it comes […]
2018-8-25 01:00 | |
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Norwegian bitcoin miner Kryptovault is facing a shutdown of its operations due to extensive noise complaints from locals and a lack of proper paperwork. The company, which is headquartered in a former paper mill in Norway’s capital of Oslo, uses more than 40MW of power to drive an arsenal of nearly 10,000 computers.
2018-8-24 23:36 | |
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Mining Bitcoin is a process that is loud, hot, expensive and also very noisy. As a result, mining efforts on a large scale tend to be focused out of town, in rural settings in factories that have an exclusive energy supply, in areas that are naturally very cold.
2018-8-17 15:00 | |
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Mining A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise. However, some have asked the question why Russians are so
2018-6-12 08:16 | |
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A serious Russian investment in a new mining facility in Norway has sparked questions – why here, why now? Russians are throwing a billion kroner into a project to install thousands of powerful computers mere kilometers from the scene of a large NATO exercise.
2018-6-12 05:20 | |
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DeepHash leads 2025 cloud mining with renewable energy farms, AI optimized yields, fast daily payouts, and the highest earning short term contracts.
JPMorgan upgraded Cipher and CleanSpark, and cut targets for MARA, RIOT due to the increased risk of shareholder dilution. Bitcoin miners are increasingly diversifying their operations from hashrate to high-performance computing.
Bitcoin Magazine Bitcoin-miner Bitmain Faces Federal Investigation Over National Security Issues: Report Bitmain, the Chinese manufacturer behind many of the world’s Bitcoin miners, has been under US national security scrutiny for potential espionage or sabotage risks, including in Trump family-backed ventures, though the company denies any wrongdoing.
Hive Digital stock jumped by over 500% from its April low to its October high; it pivoted to AI and HPC industries. But its Bitcoin mining revenue is still strong.
Bitcoin crossed a watershed moment in its monetary history on Nov. 17, surpassing 19. 95 million mined coins and pushing the network past 95% of its immutable 21 million supply cap. This leaves the network with less than 1.
Cloud mining beats solo mining as Bitcoin climbs, and GBC Mining offers a $20 bonus plus instant hash power for daily BTC earnings with no hardware needed.
Power markets are starting to price Bitcoin mining that can switch on and off as a grid service. Curtailment remains elevated in regions with high renewable penetration, and short scarcity bursts continue to set value for fast demand reduction, which creates room for load that soaks midday surplus and idles during tight hours.