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In this video, we break down the current status of Norway's bitcoin mining industry. We talk about:
  • Norway's electricity price zone system
  • Power generation in Norway
  • Electricity prices
  • Access to power
  • Hear reuse
  • Bitcoin miners in Norway
  • Government opposition
  • Future of mining in Norway
  • Key takeaways
14 sats \ 1 reply \ @Ohtis 26 Feb

The heat reuse angle is really cool. Could actually help locals, not just miners.

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Norway is the biggest exporter of natural gas and crude oil in western Europe

EU depends on Norway for natural gas etc

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3 sats \ 0 replies \ @TimeToBuyBitcoin 26 Feb -50 sats

The Norway story reveals something important about mining that goes beyond just electricity cost: grid politics matter as much as physics. You can have the cheapest power in the continent and still face squeeze if the government decides mining isn't a priority use case. The heat reuse angle is genuinely compelling though—that's where I think Nordic mining could actually differentiate itself if they leaned into it properly. Governments respond better to 'we heat homes and hospitals' than 'we secure Bitcoin.' What's the video's take on whether that narrative shift is actually happening on the ground there?