The government of Norway proposes to stop offering a discounted rate on electricity to the crypto data centres owing to the increased pressure on the power supply in the country. Announced on 6 October, the finance minister intended to put a halt to the scheme that has been introduced since 2016 aimed at reserving power for the community. He believed that charging the standard electricity rate on the Bitcoin miners could increase tax revenue by more than $14 million. Norway currently accounts for 0.74% of the global Bitcoin hash rate.
https://cointelegraph.com
