đ Big changes in Norway! Kryptovaultâs Bitcoin mining facility in Stokmarknes has shut down due to noise complaints, causing a 20% spike in local electricity bills.
Despite efforts to reduce noise, the air-cooling systems were too loud for residents. Now, with the facility closed, the local energy provider, Noranett, is passing the cost onto consumers.
The average household will see an increase of $235 to $280 in their annual electricity bills. The town is now on the hunt for new projects to fill the energy gap and ease financial burdens. đđ #Bitcoin #Crypto #Blockchain #Web3
