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.
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Author: Ciaran Lyons
