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Top 15 Locations for Bitcoin Mining Around the World

Close up image of a piece of Bitcoin in a Bitcoin mining rig
By Augustine Mbam - May 13, 2024 - 5 Mins Read

Norway

 

Photo of a Norwegian port
Port in Norway | Ramon Perucho/Pexels

 

Norway has emerged as a global leader in sustainable Bitcoin mining by utilizing renewable energy sources like hydroelectric and wind power.

This eco-friendly approach not only drives mining operations in the country but also contributes to a cleaner and greener environment.

Some of the prominent mining companies in Norway, such as Cryptovault, Northern Bitcoin, and Bitfury, are responsible for mining 0.5% of the annual shares of Bitcoin.

Additionally, Norway has implemented clear regulations governing crypto mining, with a strong focus on environmental sustainability and energy efficiency.