Norwegian Bitcoin Mining Ban Was Struck Down

Norwegian Bitcoin Mining Ban Was Struck Down

A bill banning bitcoin mining, authored by the communist party in Norway, was struck down by a majority vote in the Norwegian parliament.A bill seeking to ban energy intensive mining for cryptocurrencies like bitcoin was struck down by the Norwegian parliament on May 10. The communist Red Party who authored the bill was supported by both the Green Party and Socialist Left party. The minority also attempted to create an electricity tax for energy intensive cryptocurrency miners. A Bitcoin bill seeking to eliminate energy intensive cryptocurrency mining was rejected in Norway with a majority....


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Bitcoin mining in Norway gets the green light as the proposed ban rejected

The proposal to ban Bitcoin mining in Norway was rejected in a vote by the Norwegian Parliament on May 10. There’s Nor-way they can ban Bitcoin (BTC) mining in Norway now. That’s according to a majority vote passed by the Norwegian parliament on May 10.The proposal to ban Bitcoin mining in Norway was first suggested in March this year by the Red Party (Norway’s communist party.) In this week's vote, the proposal was overturned as only Norway’s left-leaning parties, including the Socialist Left Party, the Red Party and the Green Party would support a ban on cryptocurrency mining.Jaran....

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