The closure of a local Bitcoin mining facility in Hadsel has led to an increase in electricity bills. Mayor Kjell-Børge Freiberg said the noise from the mining center was annoying the residents of Hadsel. However, the closure of the operation, which accounts for 20% of Noranett’s revenue, has led to an increase in electricity bills. Climate technology investor Daniel Batten called this “another example of how Bitcoin mining helps keep energy prices low.” What do you think Bitcoin mining is doing to the local economy? Share your thoughts in the comments.