Bitcoin mining in Norway gets the green light as the proposed ban rejected

Bitcoin mining in Norway gets the green light as the proposed ban rejected

The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on Tuesday. Contrary to the political parties’ efforts, Bitcoin mining companies in Norway have thrived in recent years.

Norway now contributes as much as 1% to the global Bitcoin hash rate. According to a recent survey from Arcane Research, the number of Norwegian women that own cryptocurrency has doubled from 3% to 6% in just one year. Over the same period, male ownership increased from 6% in 2019 to 14% in 2022.

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