Despite its obvious assets able to make energy surplus profitable, Bitcoin's mining sometimes remains a controversial activity. As proof: the recent decision of the Norwegian government to limit its national development as much as possible.
Bitcoin mining: an energetic reality that divides
Mining activity associated with the network Bitcoin implied an electricity consumption often shown the finger by those who consider it useless. Yet, The assets of this cryptocurrency No longer to be demonstrated, even in the energy sector involved.
Indeed, there are no longer the emerging countries in search of this kind of industry in order to profitable an energy produced in too large quantities. But the problem also exists in France, faced with an overproduction estimated at 88.3 TWh in 2024 whose resale implies a loss of $ 80 million For producers in the sector.
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This is the reason why the Adan recently tried its luck, with an amendment to promote this option at the national level. A request finally deemed “inadmissible” by the National Assemblybecause she would be out of topic. Or how to miss an obvious opportunity without even taking the time to study it …
Yet, The timely meeting between these lost energies and an industry in search of cheap electricity should impose itself obvious. But it is apparently far from being so obvious, if we turn to the side of the Last Norway decision On the subject.
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Norway persists and opposes
In the field of Bitcoin mining,, Norway sometimes appears as an inhospitable land. Just remember this emblematic case of a City firmly decided to force the closure of a such extraction centercausing in stride a 20 % increase in its electricity bills.
A lesson that the Norwegian government does not seem determined to remember. Indeed, his minister of digitization and public administration, Karianne Tung, has just announced that she was going to impose A temporary development prohibition of this industry on its territory, in order to Keep electricity for other sectors deemed more useful.
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Cryptocurrency extraction is very energy delicious and generates little jobs and income for the local community. The government's government has clearly intended to [la] Limit as much as possible in Norway.
Norway is not lacking in energy, in a high renewable proportion, but it obviously wishes limit access to Bitcoin mining as of next fall. A decision motivated by other sectors deemed more productivesuch as national industries, heating or the development of AI. Mining will not be prohibited as such, but it will not be possible to open new farms.
Fortunately, other countries do not see it in the same eye.
Feel Mining: Generate passive income with your cryptos
Source: France Info, Reuters
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