About this episode
Miners are on the move again, forever chasing that combination of abundant electricity for relatively low prices. This time, they’re heading north of the Arctic Circle. Sweden and Norway are home to some of the most abundant energy sources in the world: geothermal, wind, and hydro electricity.
These countries have increasingly become attractive to Bitcoin miners. But the combination of Russia’s invasion of Ukraine with rising inflation and environmental factors like drought, are curbing the availability of cheap electricity in these Nordic regions. Miners in some of these areas could even be regulated out of the market.
Bloomberg Editor Lars Paulsson joins this episode to discuss what’s happening in the region.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Bloomberg Crypto publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Bloomberg Crypto
Introducing: Bloomberg This Weekend
Bloomberg Crypto
Introducing - Spellcaster: The Fall of Sam Bankman-Fried
Bloomberg Crypto
Crypto Winter Meets Banking Crisis: A Tale of Three Banks
Bloomberg Crypto
Princeton University’s Blockchain Center, One Year On
Bloomberg Crypto