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Norway to stop subsidizing bitcoin data centres with free electricity: report
Data centres in Norway that produce crypto currencies will lose the right to the government's power subsidy and the benefit of discounted full electricity bill from New Year on, newspaper Aftenposten reported Wednesday. Today, those factories with a capacity of more than 0.5 megawatts pay 0.48 ore (0.0056 U.S. dollars) per kilowatt hour, instead of 16.58 ore. The subsidy will stop in the aftermath of budget negotiations between the government and the Christian Party, the report said. Recently, voices have been raised in Norwegian public against the fee relief for the so-called "bitcoin factories" that are blamed to ... (full story)