Bitcoin Mining Shutdown Cause 20% Surge In Electricity Bills

The shutdown of a Bitcoin mining facility in Norway caused a 20% increase in electricity bills for the town’s residents. The loss of the mining operation’s revenue forced the local powe...

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Bitcoin Mining Shutdown Cause 20% Surge In Electricity Bills

Source: Bitcoin Magazine

The shutdown of a Bitcoin mining facility in Norway caused a 20% increase in electricity bills for the town’s residents. The loss of the mining operation’s revenue forced the local power company to raise rates to offset costs.