Atlas21
  • ‎
No Result
View All Result
Atlas21
No Result
View All Result
Atlas21
Home Bitcoin

Norwegian Minister for Energy: “Miners are not welcome.”

Newsroom by Newsroom
April 22, 2024
in Bitcoin
mining
Share on FacebookShare on TwitterShare on Linkedin

Norway intends to tighten data center laws through new legislation: mining companies are targeted.

According to the local outlet VG, Norway is developing regulations to govern data centers in the country, with a particular focus on the mining industry. Karianne Tung, Minister for Digitalization, and Terje Aasland, Minister for Energy, are working together to finalize the legislation.

The new law will require data centers companies to register with the appropriate authorities and provide them with specific details about the facility’s ownership, the center’s activities, and the services offered by the company.

If the legislation is passed, challenges for miners in the country could increase, with possible limitations on electricity consumption.

The energy context

The Norwegian Minister for Energy, Terje Aasland, presented the government’s position:

“Operations related to data centers for cryptocurrency mining are not desired in Norway. We want serious actors who are important for society, and the computer industry serving society is important to us.”

Aasland primarily focused on the region of northern Norway, an area known for the exploitation of low-cost electricity, which has seen the establishment of numerous data centers dedicated to Bitcoin mining. Miners are attracted to Norway because of its abundance of hydroelectric energy. The northern part of the country produces the second-largest amount of electricity per capita in the world, with 100% of the energy coming from renewable sources.

According to Norwegian authorities, mining operations in the north of the country consume an amount of energy similar to what is needed to supply the entire Lofoten region, which has a population of about 24,500 inhabitants.

Previous Post

John Carvalho’s new and controversial BIP

Next Post

Reserve Bank of Fiji bans the use of cryptocurrencies

Latest News

UniCredit: l’Europa non ha gli strumenti per gestire una crisi bancaria dovuta alle stablecoin
Bitcoin

UniCredit: Europe lacks the tools to manage a stablecoin-driven banking crisis

by Newsroom
May 29, 2026
0

A senior UniCredit executive warns that MiCA rules create an alliance between stablecoins and banks without the insurance safeguards needed...

Read moreDetails
USA: Bessent ribadisce il no alla CBDC e spinge per il Clarity Act
Bitcoin

USA: Bessent reiterates no to CBDC and pushes for the Clarity Act

by Newsroom
May 29, 2026
0

Treasury Secretary Scott Bessent confirmed that the Trump administration will never introduce a central bank digital currency.

Read moreDetails
Detailed view of a stock report displaying a market performance graph with data trends.
Bitcoin

BlackRock IBIT: $528 million outflow, second all-time record

by Newsroom
May 28, 2026
0

BlackRock's Bitcoin ETF recorded its second largest daily outflow in history on Wednesday, driven by tensions in the Middle East.

Read moreDetails
Hands of a handcuffed man examining criminal evidence with an officer.
Bitcoin

USA: FBI seizes 303 gold bars from CIA official in $40 million case

by Newsroom
May 28, 2026
0

David Rush, a senior CIA official with top-secret clearance, was arrested on May 19, 2026, after more than $40 million...

Read moreDetails
ETF Bitcoin: $1,32 miliardi di deflussi, la peggior settimana del 2026
Bitcoin

Bitcoin ETFs: $1.32 billion in outflows, worst week of 2026

by Newsroom
May 27, 2026
0

Digital asset investment products record a second consecutive week of redemptions, as the US bond market stifles hopes of rate...

Read moreDetails
Atlas21

© 2026 Atlas21

Navigate Site

  • Editorial Policy
  • Cookie Policy
  • Privacy Policy
  • Team

Follow Us

No Result
View All Result
  • Bitcoin 101
    • What Is Bitcoin? A Complete Guide
    • Bitcoin Security: A Complete Guide
    • Bitcoin Privacy: A Complete Guide
    • Lightning Network: A Complete Guide
    • Bitcoin Mining: A Complete Guide
    • Advanced Bitcoin: A Technical Guide
  • Learn
  • Latest News
  • Interviews
  • Opinion
  • Feature
  • B2B Services
  • About Us
  • Contacts

© 2026 Atlas21

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site, we will assume that you are happy with it.