**Bitcoin Mine Closure in Norway Leads to Higher Electricity Bills**

Residents of Hadsel, Norway, celebrated the closure of a local Bitcoin mining center due to noise complaints. However, the victory came with a downside: higher electricity bills. The mine, which was shut down in early September, accounted for about 20% of the local power company's revenue. With the mine's closure, the lost income has led to increased electricity costs for residents.

Mayor Kjell-Børge Freiberg acknowledged the noise issue but noted the financial impact. The town is now seeking new projects to offset the reduced electricity consumption. This situation highlights the complex balance between community well-being and economic factors.