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Norway Plans Temporary Crypto Mining Ban Amid Rising Energy Concerns

Norway Plans Temporary Crypto Mining Ban Amid Rising Energy Concerns

Published:
2025-06-21 12:37:01
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Norway will launch a formal investigation in autumn 2025 to consider a temporary ban on cryptocurrency mining. The initiative aims to address growing pressures on energy supply, network capacity, and land use, with officials prioritizing industries that deliver stronger local and economic benefits.

The government's focus targets power-intensive data centers dedicated to mining digital assets, following citizen complaints about noise and concerns over inefficient power distribution. Electricity currently allocated to mining could be redirected to strategic sectors or socially productive infrastructure, according to officials.

The investigation will proceed under Norway's Planning and Building Act, which provides legal authority to regulate energy allocations across sectors. This MOVE reflects broader global tensions between cryptocurrency growth and sustainable resource management.

|Square

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