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Sweden Drives Final Nail Into Its Bitcoin Mining Industry With Tax Hike

The 6,000% increase in taxes per kilowatt hour of energy may "ultimately destroy the industry" in the country.

A 30MW HIVE Blockchain facility in the military town of Boden, Sweden (Sandali Handagama/CoinDesk)
A 30MW HIVE Blockchain facility in the military town of Boden, Sweden (Sandali Handagama/CoinDesk)