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Norwegian Town Faces Higher Electricity Bills After Bitcoin Mine Closure

  • Residents of Hadsel, a small town in Norway, are experiencing higher electricity bills following the closure of a local Bitcoin mine.
  • The shutdown of the mine has led to a loss of revenue for the electricity company in the town, resulting in increased charges for residents.
  • The mine was responsible for a significant portion of the town's electricity consumption, and its closure has caused electricity bills to increase by approximately $300 per month.
  • The town is now seeking new projects to minimize electricity usage and mitigate the impact on residents.

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