- Norway plans a temporary ban on new high‑energy Bitcoin mining facilities.
- The move aims to preserve electricity for local industries and homes.
- Policy expected to take effect in autumn 2025 amid environmental concerns.
In June 2025, Norway’s government announced a plan to temporarily ban the establishment of new Bitcoin mining centres using the most energy‑intensive technologies. The goal is to conserve electricity for critical industries and households—a decision driven by concerns about the strain mining places on the national power grid.
Limited Local Benefit from High‑Energy Mining
According to Karianne Tung, Norway’s Minister for Digitalization and Public Administration, Bitcoin mining consumes vast amounts of power yet does little to boost employment or economic growth in local communities. With hydropower rates rising, maintaining balance between crypto operations and broader consumption becomes increasingly crucial.
What’s Next: Autumn 2025 Ban and Broader Impact
The proposed ban is slated to begin in autumn 2025. It specifically targets new operations employing the most electricity‑heavy mining hardware. This approach mirrors global trends: countries like Russia have already begun restricting mining to protect power infrastructure during peak demand periods.
Environmental and Energy Policy Implications
- Electricity allocation: Prioritizes power for industries with higher socio‑economic impact.
- Green transition: Supports Norway’s ongoing efforts in renewable energy and carbon reduction.
- Global influence: Sets an example for energy‑rich countries balancing crypto adoption with environmental responsibility.
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