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HIVE Blockchain sells Norwegian data mining center, citing loss of government subsidies

In an announcement on Monday, HIVE said it had transferred all shares of the firm’s local subsidiary Kolos Norway AS to Narvik, in addition to a $200,000 payment. The move came after the Norwegian Parliament approved a bill in December 2018 that would not provide relief to crypto miners on power consumption.

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Source: Cryptocurrency - investing.com

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