Norway plans to impose a temporary ban on new power-intensive crypto mining data centers. The government, led by Minister Karianne Tung, highlights that the mining sector uses excessive electricity but provides minimal job opportunities or economic benefits.
Expected to take effect in autumn 2025, the regulations aim to tackle energy-intensive mining technologies, ensuring that electricity is prioritized for other vital industries amid increasing energy demands.
Norway’s popularity for crypto mining due to its abundant hydropower raises public concerns about energy consumption and noise pollution. Recent community actions led to the closure of a mining facility in Hadsel due to its excessive noise, reflecting heightened scrutiny.
Leave a Reply