Norway Eyes Crypto Mining Ban Over Power, Noise Issues
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Norway plans crypto mining ban to protect electricity and land. Minister says mining wastes power, creates few local jobs or revenue. New rule mandates crypto miners register operations by July 1. The Norwegian government is planning to explore whether cryptocurrency mining should be temporarily banned. This investigation is expected to begin in autumn 2025. The ambition is to limit the burden on Norwegian electricity supply, network capacity and land availability. With increasing energy demand in the country, the government feels that more responsible energy usage is required. Proposed Norway Law Targets High-Energy Crypto Mining Facilities The adverse impact of crypto mining has been questioned by the local residents of certain places in recent years. It has often been complained that there is noise created by the mining equipment that works 24 hours a day. Moreover, its operations consume huge quantities of electricity, yet they do not contribute much to the local economies. These issues have put more pressure on authorities to act. Karianne Tung, the Minister of Digitalization and Public Administration, said that Norway must stop its energy resources from being less effective. She said that cryptocurrency mining does not generate many jobs and provides small revenues to the communities. On the contrary, the electricity might end up serving industries or socially useful data centers that would aid digitalization and innovation. To resolve these issues, the government intends to consider a temporary prohibition on creating new crypto mining data centers based on highly energy-consuming technology. This point will be evaluated through the Planning and Building Act, which is one of the legal frameworks that direct the national growth and land use in Norway. The research will examine the influence that mining activities have on the country and the amount of electricity that is used by mining activities. Noteworthy, this proposed…
Filed under: News - @ June 21, 2025 7:18 pm