Norway Plans Bitcoin Mining Ban by 2025

Norway Plans Bitcoin Mining Ban by 2025

The Norwegian government is advancing a proposal to temporarily ban the construction of new data centers dedicated to energy-intensive cryptocurrency mining—specifically those employing proof-of-work (PoW) systems, such as Bitcoin. The measure is expected to come into effect by fall 2025, subject to final approval. The move, confirmed by Norway’s Minister of Digitalization Karianne Tung via a statement to Reuters, is aimed at reallocatin...

cryptonews

Comments

Popular posts from this blog

Bitcoin news

Bybit & Dogs Wednesday Airdrop: Exclusive Rewards for New Users

What is Zcash?