After a Norwegian town banned Bitcoin mining, the electricity bill per household increased by $300, an increase of more than 25%

Odaily Odaily News: Dennis Porter, co-founder of Satoshi Action Fund, wrote on X that after a town in Norway banned Bitcoin mining, the electricity bill per household increased by $300, an increase of more than 25%. He explained that after the ban was implemented, the demand for electricity in the area decreased, causing other users to bear higher electricity costs to make up for the loss of income caused by the withdrawal of Bitcoin mining companies.