Norway’s Government Is Exploring A Crypto Mining Ban
Summary
Norway is considering a temporary ban on crypto mining to free up power and network capacity. The government plans to investigate this autumn, potentially enforcing a ban under the Planning and Building Act. Rising electricity costs due to geopolitical tensions and local noise complaints have prompted this consideration. Similar bans have occurred elsewhere, such as in Russia and China, due to environmental and energy concerns. Despite some opposition, the US remains a major contributor to global Bitcoin mining.
