According to foreign media reports, a Bitcoin mining farm in Hadsel, Norway, was forced to close due to public protests due to noise issues. However, this resulted in a loss of revenue for the power company. After life has returned to tranquility, local residents should now be able to calm down and think carefully about how to face the pressure of rising electricity bills.
After the news was exposed, climate technology venture capitalist Dan Daniel Batten commented: "When politicians attack Bitcoin, it is the people who suffer."
In an interview with the Norwegian Broadcasting Corporation (NRK) on September 13, Kjell-Børge Freiberg, the mayor of Hadsel, said that the high-intensity noise produced by the continuously operating mining machines and cooling equipment in the Bitcoin mine affected about 8,236 local people. Residents have been deeply disturbed and suffered, and now it is finally closed. "We are very, very satisfied."
The mine operated by KryptoVault was ordered to cease operations by the city government last week after the temporary license expired. Although residents' protests for many years finally got their wish, the closure of the mine also means that the power supply company Noranett will lose about 20% In order to make up for this loss, the company decided to increase the electricity bills of local residents by as much as 20% starting next month.
"When such a large customer goes offline overnight, the impact is obvious," Noranet grid manager Robin Jakobsen said.
He estimated that the average Hadesel household may have to pay an additional 2,500 to 3,000 Norwegian kroner (about $235 to $280) per year for electricity after the increase. The mine consumes about 80 gigawatt hours (GWh) of electricity annually, equivalent to the annual electricity consumption of about 3,200 homes.
Daniel Batten believes that this is “another example of how Bitcoin mining can help ordinary households lower their electricity bills.”
On the other hand, Hadesel Mayor Kjell-Børge Freiberg, who was interviewed again after a few days, is no longer excited. He said that the city government will now actively look for new projects, hoping that a new large customer will take over the mine. The remaining power after shutdown.
〈Norwegian people protested "the noise from Bitcoin mines is too noisy"! After the shutdown, electricity bills increased by 20% and I couldn’t laugh. This article was first published on "Block Guest".