Bitcoin

Iceland Bitcoin Mining to Double Energy Consumption This Year


Iceland Bitcoin Mining to Double Energy Consumption this Year

Iceland is the ideal place to mine bitcoin. Thanks to the cold coupled with relatively cheap electricity costs, the region has drawn its share of bitcoin mining operations. This year alone energy expended on crypto mining will exceed that of typical domestic usage, according to reports.  

Also read: Internet Pioneer Who Influenced Assange & Snowden Dead at 70

Iceland Mining Expected to Double to 100 Megawatts

“Four months ago, I could not have predicted this trend,” Johann Snorri…

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