The Norwegian government plans to temporarily ban the construction of new cryptocurrency mining data centers based on the Proof of Work (PoW) mechanism from the fall of 2025, aiming to prioritize electricity resources for more productive industries such as manufacturing, heating, and AI data loads. The Norwegian Minister of Digitalization stated that cryptocurrency mining is power-intensive but contributes very little to local employment and income. Despite Norway's abundant hydroelectric resources, regulators are inclined to reserve electricity for other critical industries.
The Norwegian government plans to temporarily ban the construction of new PoW crypto mining data centers from autumn 2025
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