{"id":61439,"date":"2022-05-13T17:07:11","date_gmt":"2022-05-13T14:07:11","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61439"},"modified":"2025-09-05T12:12:46","modified_gmt":"2025-09-05T09:12:46","slug":"norways-parliament-rejects-ban-on-bitcoin-mining","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/norways-parliament-rejects-ban-on-bitcoin-mining\/","title":{"rendered":"Norway&#8217;s Parliament rejects ban on Bitcoin mining"},"content":{"rendered":"<p>The Norwegian Parliament rejected a bill to ban mining in the country. The initiative was supported only by the left-wing parties, according to the local newspaper <a href=\"https:\/\/e24.no\/norsk-oekonomi\/i\/Po8z3b\/roedt-faar-ikke-medhold-i-forbud-mot-kryptoutvinning\">E24<\/a>.<\/p>\n<p>The proposal to ban Bitcoin mining and other <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-proof-of-work-pow-algorithm\">Proof-of-Work (PoW)<\/a> based cryptocurrencies was first introduced in March 2022. The authors cited the high energy consumption of mining, which is largely sourced from renewable energy.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are disappointed by the majority who voted against. \u2026 If we want to use wind energy, priorities should be set\u2014for what purposes it will be used,&#8221; said Sophie Marhaug, a representative of the R\u00f8dt party, to the publication.<\/p>\n<\/blockquote>\n<p>According to <a href=\"https:\/\/cointelegraph.com\/news\/bitcoin-mining-in-norway-gets-the-green-light-as-the-proposed-ban-rejected\">Cointelegraph<\/a>, in 2021 88% of Norway&#8217;s electricity generation came from hydro sources, with another 10% from wind farms.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"416\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/coin-7-1024x416.png\" alt=\"\u041f\u0430\u0440\u043b\u0430\u043c\u0435\u043d\u0442 \u041d\u043e\u0440\u0432\u0435\u0433\u0438\u0438 \u043d\u0435 \u043f\u043e\u0434\u0434\u0435\u0440\u0436\u0430\u043b \u0437\u0430\u043f\u0440\u0435\u0442 \u043c\u0430\u0439\u043d\u0438\u043d\u0433\u0430 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\" class=\"wp-image-173059\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/coin-7-1024x416.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/coin-7-300x122.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/coin-7-768x312.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/coin-7.png 1231w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Data: Cointelegraph.<\/figcaption><\/figure>\n<p>In an interview with the portal, Arcane Research analyst Yaran Mellerud noted that the left-wing parties are likely to attempt to raise electricity tariffs for miners. He also did not rule out that critics of the industry would draft a new bill aimed at a complete ban on mining digital assets.<\/p>\n<p>In Europe, there have been repeated calls to ban PoW-based cryptocurrency mining. Switzerland, which borders Norway, <a href=\"https:\/\/forklog.com\/en\/news\/sweden-calls-for-eu-wide-ban-on-bitcoin-mining\">pushed<\/a> a similar initiative.<\/p>\n<p>In January 2022, Erik Teden, the chair of the European Securities and Markets Authority, <a href=\"https:\/\/forklog.com\/en\/news\/eu-urged-to-ban-proof-of-work-mining\">urged a ban on Bitcoin mining<\/a>.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our Telegram \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Norway&#8217;s parliament rejected a bill to ban mining in the country. The initiative was supported only by the left-wing parties.<\/p>\n","protected":false},"author":1,"featured_media":61440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1137,1498],"class_list":["post-61439","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-mining","tag-norway"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61439"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61439\/revisions"}],"predecessor-version":[{"id":61441,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61439\/revisions\/61441"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/61440"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}