Sweden Eliminates Crypto Mining Tax Incentives: How the Country Killed Its Bitcoin Mining Industry
- Dakota Henry
- 23 Jan 2026
- Cryptocurrency Guides
Sweden eliminated crypto mining tax breaks in 2023, raising energy taxes by 6,000%. The move killed nearly all commercial mining in the country, forcing operators to relocate and turning Sweden from a mining hub into one of the world's most hostile environments for crypto operations.
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