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Miners Take Off for The Great – and More Profitable – North

Bitcoin mining in most of Europe is now “impossible” as energy costs soar but miners are increasingly seeking refuge in the northern reaches of Norway and Sweden.

Kryptovault's CEO Kjetil Pettersen and the mine's technician overlooking several hundred mining rigs working. (Eliza Gkrits/CoinDesk)
Kryptovault's CEO Kjetil Pettersen and the mine's technician overlooking several hundred mining rigs working. (Eliza Gkrits/CoinDesk)