Category: norwegian

Hive Criticizes Norwegian Government Amid Concession Cuts to Miners

Hive Criticizes Norwegian Government Amid Concession Cuts to MinersHive Blockchain Technologies has published an update regarding the company’s response to the Norwegian Parliament’s recent approval of a legislative bill that will restrict cryptocurrency miners from accessing the tax relief on electricity consumption available to other power-intensive industries. The release criticizes the government’s “unilateral” move to suspend the subsidy without consulting with representatives of […]

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Sweden Expects to Attract Norwegian Bitcoin Miners After Brutal Tax Hike

Sweden Expects to Attract Hoards of Norwegian Bitcoin Miners After Brutal Tax HikeWith Norway set to revoke electricity subsidies for cryptocurrency miners from January 2019 onward, Swedish data centers are anticipating a wave of inquiries from mining companies seeking to domicile in Sweden. Also Read: Silk Road Fake Murder Mystery May Be Solved Data Centers See Demand from Miners Leaving Norway Local media outlets have reported that Sweden’s […]

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Two Norwegian Miners Scrutinized for Low Taxable Incomes

Two Norwegian Miners Scrutinized for Low Taxable IncomesTwo Norwegian cryptocurrency miners have garnered national media attention after declaring taxable incomes of less than $20,000 USD despite having admitted to owning at least 34 bitcoins during December of last year. Also Read: GPU Manufacturing Giant Nvidia Leaves Crypto Mining Reported Incomes of Two Norwegian Crypto Miners Subject of National Scrutiny Twenty-two-year-old cryptocurrency miners from […]

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Norwegian Mining Company Receives Bomb Threat in Escalating Noise Complaint

Norwegian Mining Company Receives Bomb Threat in Escalating Noise ComplaintKryptovault, a Norwegian company specializing in “large-scale cryptocurrency mining and data center operations,” has recently received a bomb threat amid escalating noise complaints pertaining to its virtual currency mining. Also Read: Funds Frozen, Account Closed: UK Banks Target Cryptocurrency Owners Norwegian Cloud Mining Company Receives Bomb Threat Norwegian mining and data center company, Kryptovault, has reportedly […]

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Norway and England Contemplate Central Bank-Issued Cryptocurrencies

Norway and England Contemplate Central Bank-Issued CryptocurrenciesThe central banks of Norway and England have published reports exploring different models for central bank-issued cryptocurrencies. By contrast, Federal Reserve governor, Lael Brainard, recently expressed her opposition to central bank cryptocurrencies – claiming that such would result in broad “macroeconomic consequences.” Also Read: Chilean President Considering Regulation of Cryptocurrencies Decline of Cash Prompts Norwegian Central […]

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