$BTC Norwegian government has announced plans for a temporary ban on new data centers engaged in power-intensive cryptocurrency mining, in an effort to conserve electricity for other industries.

Crypto Mining Generates Little for Local Community

Norway’s government announced June 20 its intention to implement a temporary ban on the establishment of new data centers engaged in the most power-intensive cryptocurrency mining. The move is aimed at conserving the nation’s electricity supply for other industrial sectors.

Karianne Tung, Norway’s