Any Experience with Cryptocurrency Mining in Norway or Sweden?

Mining and Staking
1

Hello everyone,

I’m looking into launching a cryptocurrency mining project and I’m weighing my options between Norway and Sweden. Has anyone had any hands-on experience with mining in either of these countries?

  • Which electricity provider have you collaborated with?
  • Have you run into legal or regulatory challenges?

I appreciate any insights you can share. Thanks in advance!

2

hey i ran a small setup in sweden. lower power cost was cool but legal regs are a hassle. in norway i hear device strict, so certyfiy all details before pushin full steam. overall, proper planning is a must.

3

I conducted mining operations in Sweden for over two years and found working with a regional energy provider quite straightforward once the initial permit hurdles were cleared. Establishing a solid partnership with a provider that offers detailed support even in cases of regulatory inspections helped mitigate delays. Although the start was complex, after overcoming the early bureaucratic challenges, the operational phase was smooth due to competitive electricity pricing in the region. It is essential to get proper legal advice from professionals familiar with local energy agreements to safeguard your operation.

4

hey jade75, really interesting thread! i’ve been reading up on both, but haven’t actually started a project myself yet in either norway or sweden. i notice that while sweden seems to offer a bit more of an open attitude towards crypto, norway’s power prices and regulatory roughness seem to be a mixed bag. i’ve seen some chatter online about how small-scale projects in norway get scrutinized more, so it got me wondering about how local communities deal with energy consumption issues. have you dug into how the tax side of things plays out in terms of renewable incentives or energy subsidies? i feel like there’s a lot of nuance on the legal side, and it might be a game changer depending on the scale of your setup. curious to hear if any of you have had better luck connecting with local energy providers or even legal advisors in these regions. what’s been your experience with balancing the excitement of mining and the bureaucratic hurdles?