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Comment by CaliforniaKarl

From an energy-consumption standpoint, I'm not too surprised at this. They have better uses for their mostly-non-renewable power generation. This will probably continue the push towards bitcoin mining in places with stable renewables (like hydro and geothermal).

That being said, I just found https://www.coindesk.com/norway-ends-power-tax-subsidy-for-b..., which makes me wonder if current prices would be able to support mining there. Also, at least part of Washington State is interested: https://www.bendbulletin.com/business/6853387-151/central-wa...

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