Norbert on Nostr: Perhaps our electricity is unlimited and almost free in theory, but in practice ...
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.
Published at
2024-06-06 09:22:40Event JSON
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