Oddbean new post about | logout
 Not everywhere will be the first. The cost of convincing is real both in actual cost terms as well as opportunity cost terms.

Texas is huge for bitcoin … tons of waste, curtailed, and spare energy in a favorable political / regulatory regime. I’d expect that Texas’s success will be more convincing for other regimes missing out than the pleas of a small group of passionate citizens.

Regimes will get FOMO…good thing for you is that Norway is sophisticated so they’ll be one of the first regimes to realize what they’re missing. 
 Texas bitcoiners have a lot of challenges with local and federal policymakers too, but they ADDRESS THEM, they really fight for their rights and GETTING RESULTS. 

That is my main point :) you work and show PoW. Or you don’t work and there is no PoW. 
 Just be sure you’re allocating your capital efficiently! Would love to see Norway be a leader in bitcoin mining. Good luck!