The closure of the Bitcoin mining facility in Hadsel resulted in a 20% increase in electricity bills for residents, raising concerns over energy policy impacts.
Kryptovault's mining facility contributed significantly to local revenue, and its closure led to price hikes for Noranett customers, showing how large consumers stabilize tariffs.
Local residents had long complained about the noise from the cooling fans of the mine, but now face financial consequences following its shutdown.
Hadsel's mayor acknowledged the difficult choices the municipality faces due to the loss of a major power consumer and the need for new energy projects.
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