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Norway Votes Against Bitcoin Mining Ban

  • A invoice searching for to ban power intensive mining for cryptocurrencies like bitcoin was struck down by the Norwegian parliament on May 10.
  • The communist Red Party who authored the invoice was supported by each the Green Party and Socialist Left occasion.
  • The minority additionally tried to create an electrical energy tax for power intensive cryptocurrency miners.

A Bitcoin invoice searching for to eradicate power intensive cryptocurrency mining was rejected in Norway with a majority vote handed by the Norwegian parliament on May 10, in accordance to a translated report from native newspaper E24.

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