Sweden’s Energy Minister eschews bitcoin mining in favor of a manufacturing sector employing citizens. In an interview, Energy Minister Khashayar Farmanbar said the country needs energy for more useful activities than bitcoin mining. He said that Bitcoin doesn’t even come into the argument when the manufacturing sector is considered. Sweden‘s crypto mining sector has thus far enjoyed the benefits of primarily clean hydro and wind electricity in Sweden, which may hold the greatest concentration of mining power in Europe. Under average weather conditions, the Nordic region, including sovereign states Denmark, Iceland, Norway, and Sweden, have a surplus of 30 terawatt-hours […]