Iceland: Crypto Mining Companies Will Consume More Energy Than Households In 2018
Iceland is set to consume more energy for crypto mining than for household use this year, the Associated Press reports Monday, Feb. 12. The naturally cold climate and access to renewable energy are listed as the primary reasons for the influx
....
Read more hier
by Molly Jane Zuckerman
Source https://cointelegraph.com
Related news
Bitcoin energy use in Iceland set to overtake homes, says local firm
Iceland expected to use more energy “mining” bitcoins than it will to power its homes this year
Energy riches fuel bitcoin craze for speculation-shy Iceland
In Iceland, more energy will be used for bitcoin mining than powering homes
An aspect of bitcoin I had never considered. According to Smari McCarthy, member of Iceland's Parliament, "The value to Iceland... is virtually zero".