Norway Proposes Temporary Ban on New Crypto Mining Operations
In a bold move, Norway’s Labor government has announced plans to explore a temporary ban on the establishment of new cryptocurrency mining data centers, specifically those using energy-intensive Proof-of-Work technologies such as Bitcoin and Dogecoin.
🔍 Key Points:
The government aims to prioritize national energy resources for more socially beneficial technologies like AI and blockchain for community data centers.
Energy Minister Terje Aasland stated that such a ban could free up land, power, and grid capacity for initiatives that offer more value to society and help reduce greenhouse gas emissions.
Although no specific cryptocurrencies were mentioned, the move clearly targets Bitcoin, Dogecoin, Bitcoin Cash, and Litecoin, which rely heavily on Proof-of-Work mechanisms.Norway had previously ended electricity subsidies for crypto mining back in 2018, citing similar environmental and energy concerns.
The country’s hydropower resources have made it a hotspot for miners in the past, but recent surges in electricity prices and energy redistribution agreements with European neighbors have strained the power grid.
Despite this, the government clarified it does not aim to block innovation and still encourages the responsible use of blockchain and AI.
⚠️ Why It Matters:
This development adds to the growing global scrutiny of crypto mining. From China’s 2021 mining ban to new regulatory discussions in the EU and North America, the pressure on energy-intensive crypto operations is mounting.
As Bitcoin continues to trade around $103,755, miners and investors alike must remain vigilant about regulatory shifts that could impact infrastructure and profitability.
🗣 What’s Next?
The proposal is expected to be evaluated in Fall 2025. Until then, existing mining facilities are unaffected, but new mining ventures in Norway face uncertainty
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