According to Foresight News, the Norwegian Labour Party government has announced plans to impose a temporary ban on new cryptocurrency mining data centers that use energy-intensive proof-of-work (PoW) systems. This measure is expected to take effect in the fall of 2025. Norway's Minister of Digitalization, Karianne Tung, stated that cryptocurrency mining consumes a significant amount of electricity while providing minimal job and income benefits to the local community.
Tung emphasized that the government’s decision reflects a clear intention to limit cryptocurrency mining in Norway as much as possible. Although Norway has abundant renewable hydroclimate resources, which have long attracted Bitcoin miners seeking clean energy at low costs, regulators believe that these high-capacity electricity resources should be better allocated to sectors such as manufacturing, heating, or AI data processing.