Perhaps our electricity is unlimited and almost free in theory, but in practice households pay a lot more than we used to since we started exporting a lot more of it. Without much more investment into energy production, we are poised to run into shortages as we dedicate a larger portion of our electricity to our "green transition". Most of our new energy production has been on-shore wind farms, which is very unpopular due to its devastation on our nature. So we have the electricity we have, and it's not enough - for the first time in Norwegian history.
Bitcoin is already very unpopular in Norway. I don't see how this mining ban can be stopped, unfortunately. At this point I just hope they don't accidentally forbid using the SHA-256 algorithm. They're not tech savvy.
Norbert
npub17z5…zvyz
2024-06-06 11:22:40
in reply to nevent1q…atdy
Author Public Key
npub17z5teltz5kufdfacea93qzglenjk8ec3g8lwjutd9l74x26vn0ss58zvyzPublished at
2024-06-06 11:22:40Event JSON
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"content": "Perhaps our electricity is unlimited and almost free in theory, but in practice households pay a lot more than we used to since we started exporting a lot more of it. Without much more investment into energy production, we are poised to run into shortages as we dedicate a larger portion of our electricity to our \"green transition\". Most of our new energy production has been on-shore wind farms, which is very unpopular due to its devastation on our nature. So we have the electricity we have, and it's not enough - for the first time in Norwegian history.\n\nBitcoin is already very unpopular in Norway. I don't see how this mining ban can be stopped, unfortunately. At this point I just hope they don't accidentally forbid using the SHA-256 algorithm. They're not tech savvy.",
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