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Norwegian Bitcoin Mining Ban Was Struck Down
A Bitcoin bill seeking to eliminate energy intensive cryptocurrency mining was rejected in Norway with a majority vote passed by the Norwegian parliament on May 10, according to a translated report from local newspaper E24. The proposal surfaced earlier this March by the Red Party (Rødt) which formed in 2007 from a merger between the Red Electoral Alliance and the Workers' Communist Party. The Red Party outlines one of its primary goals as achieving a classless society, and was supported by the Socialist Left Party and the Green Party. “We are obviously disappointed with the majority here. In the future, we will ... (full story)