Norway is preparing to impose a temporary ban on the establishment of new Bitcoin mining facilities that utilize high-energy technologies. This initiative is driven by the need to conserve electricity for local industries and residents.
Objectives of the Bitcoin Mining Ban
In June 2025, the Norwegian government announced a plan to temporarily ban the establishment of new Bitcoin mining centers. The main goal is to conserve electricity for critical industries and households. As Minister for Digitalization and Public Administration Karianne Tung stated, "Bitcoin mining consumes vast amounts of power yet does little to boost employment or economic growth in local communities."
Expected Impact on Energy Policy
The proposed ban is scheduled to take effect in autumn 2025 and will specifically target new operations utilizing the most electricity-intensive mining technologies. This decision reflects a broader trend: countries like Russia have already begun restricting mining to protect power infrastructure during peak demand times.
Long-Term Consequences and Global Context
The ban also signifies Norway's efforts in promoting a transition to sustainable energy. Prioritizing power allocation for industries with higher socio-economic impact is seen as essential. This initiative may set an example for other energy-rich countries seeking to balance crypto adoption with environmental accountability.
Thus, the temporary ban on high-energy Bitcoin mining in Norway highlights the growing concerns about energy consumption and its environmental impact. These measures could serve as a model for other countries looking to adapt their energy policies to new realities.