Norway’s Government Explores Crypto Mining Ban Amid Energy Supply Concerns

CoinStats - Norway Mulls Crypto Mining Ban to Protect Ene...

Norway’s government may temporarily ban crypto mining as early as autumn 2025. The Ministry of Local Government and Regional Development announced on June 21 that it will begin an investigation into the country’s mining sector. This probe could lead to a halt in operations under the Planning and Building Act. Officials said the ban would […] The post Norway Mulls Crypto Mining Ban to Protect Energy Supply This Autumn appeared first on Coinchapte…

Norway Eyes Crypto Mining Ban Amid Local Firms' Heavy Investments In Bitcoin - Data Intelligence

Norway is reportedly planning to introduce a temporary ban on the development of new data centres linked to crypto mining, Reuters reported on June 20. According to the report, the government is expected to implement the restrictions before the end of the year, citing environmental and energy concerns. The government says the aim is to preserve electricity for more productive uses. Karianne Tung, Norway’s Minister for Digitalization and Public A…

Norway Plans Temporary Ban on Power-Intensive Crypto Mining to Conserve Energy

Norway Considers Temporary Ban on Power-Hungry Crypto Mining Norway might put a stop to new data centers focused on cryptocurrency mining—at least the ones that guzzle the most electricity. The government announced the potential move on Friday, citing concerns over energy use and limited local benefits. The proposal, still in early stages, could take effect by autumn 2025 if approved. It wouldn’t shut down existing operations, but it would block…

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining – #CryptoUpdatesGNIT

The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community Norway’s government announced June 20 its intention to implement a temporary ban on the establishment of new data centers engaged […] Source link The post From Subsidies to Shutdowns: Norway Moves to Rest…

From Subsidies to Shutdowns: Norway Moves to Restrict Bitcoin Mining - Invest In Crypto News

The Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries. Crypto Mining Generates Little for Local Community Norway’s government announced June 20 its intention to implement a temporary ban on the establishment of new data centers engaged […] Source link The post From Subsidies to Shutdowns: Norway Moves to Rest…

Norway to Impose Temporary Ban on New Crypto Mining Centers

The measure, expected to take effect before the end of 2025, is driven by growing environmental and energy concerns. The Norwegian government explained that the goal is to conserve electricity for more productive sectors. Authorities argue that crypto mining provides limited economic value while consuming large amounts of power. Karianne Tung, Norway’s Minister for Digitalization and Public Administration, emphasized the administration’s intenti…