Norway’s Parliament said no to the proposal to prohibit energy-intensive crypto mining in the country. The proposal was made by Norway's political party Rødt (Red Party) in March. Rødt finds that it is better to use Norway's natural power sources for other purposes than crypto mining saying that although the country has enough energy resources now, in the future they will have to prioritize more strictly.
Norway is known for being a producer of renewable energy thanks to hydroelectricity. The number of BTC mining firms in Norway has been rising in recent years. Norway provides around 1% of the world’s BTC hash rate, which completely leverages green energy sources according to Cambridge’s Bitcoin Mining Map.
According to Glassnode, BTC mining difficulty reached an all-time high of has expanded by roughly 5% to 31.25T.