Bitcoin Mining Shutdown Caused 20% Surge In Norwegian Electricity Bills | ZeroHedge
Authored by Vivek Sun via BitcoinMagazine.com,
The closure of a Bitcoin mining facility in the Norwegian town of Hadsel has led to a 20% increase in electricity bills for residents.
The mine was shut down after the municipality declined to renew its permit due to noise complaints.
Kryptovault operated the mining facility for 20% of local power company Noranett's revenue.
With the loss of its largest customer, Noranett is raising prices for households to (more…)