**Bitcoin Mine Shutdown Backfires in Norway: Residents Face Power Bill Spike! ⚡**
- Residents of Hadsel, Norway, celebrated the closure of a noisy Bitcoin mine, only to face higher electricity bills. The mine, which contributed 20% of local power company Noranett's income, was shut down due to noise complaints.
- Climate tech VC Daniel Batten quipped, “When politicians gaslight Bitcoin, the people suffer,” highlighting how Bitcoin mining can help keep power prices low.
- Mayor Kjell-Børge Freiberg acknowledged the noise issue but now seeks new projects to offset the lost revenue.
- This isn't Norway's first noise complaint; Sortland faced similar issues last year.
- Meanwhile, Arkansas is setting noise limits on crypto mining farms.