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Norway's Hadsel city shut down the BTC Mining Farm, but electricity costs pump 20%
PANews September 15th news, according to Cointelegraph, Kjell-Børge Freiberg, the mayor of Hadsel, Norway, said that the noise from the BTCMining center has disturbed many residents, and the Mining Farm was closed during the week of September 9th. However, Dennis Porter, co-founder of Satoshi Action Fund, analyzed that after the ban was implemented, the decrease in power demand in the area resulted in higher electricity costs for other users to compensate for the revenue loss caused by the withdrawal of BTCMining companies.