Norway town campaigns to close Bitcoin mine, electricity costs jump 20%
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD.
Residents of Hadsel, a Norwegian municipality, who pushed to shut down a local Bitcoin mine, are now facing a spike in their electricity bills due to the lost revenue for the local power company.
“When politicians gaslight Bitcoin, the people suffer,” Climate tech venture capitalist Daniel Batten opined in a Sept. 13 X post following the news.
Mayor of Hadsel, Kjell-Børge Freiberg, told the Norwegian Broadcasting Corporation (NRK) on Sept. 13 that the noise from the Bitcoin (BTC) mining center was disturbing many residents in Hadsel — which has a population of around 8,236 people, according to City Population data.
The Noranett network manager estimates that, following the Bitcoin mining closure, the average household in Hadsel could face an additional annual cost equivalent to $280 USD.
Residents of Hadsel, a Norwegian municipality, who pushed to shut down a local Bitcoin mine, are now facing a spike in their electricity bills due to the lost revenue for the local power company.“When politicians gaslight Bitcoin, the people suffer,” Climate tech venture capitalist Daniel Batten opined in a Sept. 13 X post following the news.Mayor of Hadsel, Kjell-Børge Freiberg, told the Norwegian Broadcasting Corporation (NRK) on Sept. 13 that the noise from the Bitcoin (BTC) mining center was disturbing many residents in Hadsel — which has a population of around 8,236 people, according to City Population data.Read more