2 ms·
Norway plans temporary ban on power-intensive cryptocurrency mining
- Towaway69 1y ago> A temporary ban could be introduced during the autumn of 2025, the government said. ... plans ... temporary ... could be ... autumn 2025 ... This sounds like a open palm from the government for kick-backs from bitcoin operators, i.e., nice bitcoin mine you have there, a pity if it had to be closed.
- mort96 1y agoDoesn't that logic apply to any proposed regulation of any industry?
- Towaway69 1y agoI think the point I was trying to make if there indeed was a point but perhaps there might be one later was that this announcement is partically vague. It leaves no planing possibilities: will it happen/won't it happen, when will it happen, how long will it be etc - how does one plan for something that vague? Most regulation have a deadline so that people can adjust and be prepared, this one is particularly vague "autumn 2025" - that's a window of three months and hence my comment - half in jest of course or completely in jest, or I don't really know. But you're perfectly correct, it applies to all regualations, also to big beautiful bills.