Norwegian Town Shuts Down Bitcoin Mining Center Due to Noise Complaints

According to Cointelegraph, the mayor of Hardanger, Kjell-Børge Freiberg, announced the closure of a bitcoin mining center on September 9th. The decision was made due to complaints from residents regarding excessive noise emanating from the mining operation.

However, Dennis Porter, co-founder of the Satoshi Action Fund, has highlighted a potential consequence of the ban. He argues that the closure has led to a decline in electricity demand in the region, forcing other users to bear higher electricity costs to compensate for the revenue loss caused by the withdrawal of the bitcoin mining enterprise.