Research

🇳🇴 Norway ends power tax subsidy for bitcoin miners

Messari

Nov 23, 2018 ⋅  1 min read

The Norwegian government has scrapped a power subsidy currently granted to bitcoin ($BTC) miners to take effective next year. At the moment, larger mining firms receive the same electricity tax discount as other power-intensive industries in the country, paying just 2.8 percent of the standard rate.

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