<ul data-eligibleForWebStory="true"><li>The government of Norway plans to introduce a temporary ban on establishing new Bitcoin and cryptocurrency mining data centers to conserve energy.</li><li>The decision aims to redirect electricity to other industries and economic sectors in the national interest.</li><li>Norway's Minister for Digitalization and Public Administration, Karianne Tung, stated the Labour Party government's intention to limit cryptocurrency mining in the country.</li><li>The ban is attributed to the excessive electricity consumption by Bitcoin and crypto mining operations, which offer little benefit to the broader economy.</li><li>Cryptocurrency mining is considered power-intensive and generates few jobs and income for local communities.</li><li>The government plans to implement the temporary ban in the autumn of 2025.</li><li>The decision was reported by Bitcoin Magazine and authored by Oscar Zarraga Perez.</li></ul>

Norway Plans to Temporarily Ban New Bitcoin & Crypto Mining Centers to Conserve Energy

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