The Norwegian city of Hadsel shuts down its Bitcoin mine, but residents' electricity bills rise by 20%

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ChainCatcher reported that according to Cointelegraph, Kjell-Børge Freiberg, mayor of Hadsel, Norway, said that the noise from the Bitcoin mining center disturbed many residents and the mine was closed during the week of September 9.

However, Dennis Porter, co-founder of the Satoshi Action Fund, analyzed that after the ban was implemented, the decline in electricity demand in the region caused other users to bear higher electricity bills to make up for the loss of income caused by the withdrawal of Bitcoin mining companies.

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