Norway Plans Temporary Ban on Bitcoin Mining Starting Autumn 2025

Norway plans to impose a temporary ban on Bitcoin mining operations starting Autumn 2025 due to concerns over electricity consumption and economic impact. Key points include:

The ban targets new data centers focused on power-intensive cryptocurrency mining.
This measure aims to conserve electricity for other industries and households.
Norway's Minister for Digitalization, Karianne Tung, stated that Bitcoin mining offers limited job creation and income for local communities.
Previously, Norway introduced legislation requiring data centers to register and disclose operational details.
The recent announcement indicates many data centers may not align with national goals.

In contrast, a study from the University of Cambridge reports that over 52.4% of Bitcoin mining is powered by low-carbon or renewable energy sources, with North America leading in low carbon emissions associated with mining activities.