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11902516 No.11902516 [Reply] [Original]

https://bitcoinist.com/sweden-migrant-norway-bitcoin-miners/

Parliamentary representative, Lars Haltbrekken, explained the motivation for the move:
>Norway cannot continue to provide huge tax incentives for the dirtiest form of cryptographic output like bitcoin. It requires a lot of energy and generates large greenhouse gas emissions globally.

Of course, this has left data center managers in Sweden rubbing their hands with glee, as Norway’s Scandinavian neighbor becomes the obvious alternative. Sweden charges a similar 0.5 Swedish Krona per kWh for users over 0.5 MW, and also offers reduced electricity rates for smaller users up to 0.1 MW.

>> No.11902526

Nice bbc