{"id":67219,"date":"2022-09-15T16:36:43","date_gmt":"2022-09-15T13:36:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=67219"},"modified":"2025-09-07T05:28:52","modified_gmt":"2025-09-07T02:28:52","slug":"norwegian-town-takes-aim-at-bitcoin-miners","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/norwegian-town-takes-aim-at-bitcoin-miners\/","title":{"rendered":"Norwegian town takes aim at Bitcoin miners"},"content":{"rendered":"

Authorities and residents of the Norwegian town of Sortland have begun a fight against a local mining company over the noise it produces. Cointelegraph<\/a> reports.<\/p>\n

Residents’ complaints arose despite the firm KryptoVault creating jobs, and the business using the heat generated by its equipment to dry timber and seaweed, the publication notes.<\/p>\n

The head of the company, Kjetil Hov Pettersen, accused the media of stirring up the protest.<\/p>\n

\n

“Usually negative voices attract the most attention from the media, but that does not reflect all local opinions,” he said.<\/p>\n<\/blockquote>\n

According to Pettersen, grid operators are happy to cooperate with miners as they help balance demand. However, “in the current climate there is a political and social price to pay for frank statements about this,” he added.<\/p>\n

\n

“The narratives that we are suppressing other industrial enterprises because we consume (skeptics say: we waste) so much energy are not true. Sometimes we are accused of driving up energy prices. That is not true either,” said Pettersen.<\/p>\n<\/blockquote>\n

According to him, the mining business is more likely to contribute to lower grid charges for electricity consumers and higher revenues for municipalities.<\/p>\n

Pettersen says the Bitcoin industry has “a lot of work to do to dispel myths and misperceptions” around the sector.<\/p>\n

In 2021, the Norwegian government expressed willingness<\/a> to support the Swedish regulators’ initiative<\/a> to ban at EU level cryptocurrency mining on the Proof-of-Work<\/a> algorithm.<\/p>\n

Follow ForkLog’s Bitcoin news on our Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities and residents of the Norwegian town of Sortland have begun a fight against a local mining company over the noise it produces. Cointelegraph reports.<\/p>\n","protected":false},"author":1,"featured_media":67220,"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-67219","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":"16","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67219","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=67219"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67219\/revisions"}],"predecessor-version":[{"id":67221,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/67219\/revisions\/67221"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/67220"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=67219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=67219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=67219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}