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Inside Iceland's Massive Bitcoin MineIt is one of two such sites owned by the Norwegian company Kryptovault. The company expects its mining to account for just under 1% of the. Bitdeer to focus on ambitious growth strategies with new data centers and increased managed hash rate. Liam 'Akiba' Wright. According to a report by Norwegian analytics and research company Arcane Research, Norway has grown into a thriving Bitcoin mining industry.