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Sweden’s Priority Should be Steel Production, Not Bitcoin Mining, Energy Minister Says

Sweden’s Priority Should be Steel Production, Not Bitcoin Mining, Energy Minister Says

Khashayar Farmanbar – Energy Minister of Sweden – believes the nation’s electricity supply should be focused on something “more useful” than bitcoin mining. Over the years, the country has made a name for itself as one of the world’s biggest steel producers, and that is where it should double down efforts, the politician added. Focus on Traditions, Not Bitcoin Amidst the energy crisis that reigns across the globe, Sweden’s Energy Minister – Khashayar Farmanbar – urged the local government to devote more electricity to sectors where the nation has leading expertise, such as steel manufacturing, rather than supporting bitcoin miners: […]