The Nordic region once again has become a lucrative place to mine crypto-currencies, thanks to a plunge in electricity prices. Norway had the lowest electricity prices for industrial users last year among the 30 member-nations in the International Energy Agency. Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin. “We have seen a notable up-tick in investor appetite for Bitcoin mining opportunities in Norway," said Tyler Page, a business developer at Bitfury. “This year’s energy prices were particularly low as Bitcoin prices have increased."

Source: Mint December 27, 2020 11:37 UTC