Bitcoin mining around the world: Norway

Bitcoin miners have an outsized presence in Norway, considering the country's tiny geographical size and small population. What makes this Arctic outpost so attractive to bitcoin miners?

This is the second article in a series describing the bitcoin mining industry in various countries globally. The first article covered Georgia, and I now do a similar analysis on Norway. Coming from Norway, I have first-hand knowledge of the country’s bitcoin mining industry. Also, I work for Arcane, which has a mining operation in Norway.

I will explain why the bitcoin mining industry is flourishing in Norway, focusing on the power market and regulatory environment while also providing an overview of all the mining operations in the country.

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