Iceland could get to consume more electricity to mine bitcoin than the one used by all its households

Hello everyone, I lost a bit, but I showed up again, I'm telling you ... I was doing a bit of Internet research on bitcoin, we know that it's one of the cryptocurrencies that has caused more sensation lately and I found this peculiar information about the impact that has the same mining in Iceland!

The mining of bitcoin is experiencing a real boom in Iceland and the utilities are worried about not being able to meet the demand of the new cryptocurrency mining companies.
The cold climate of Iceland, the cheap energy and the ultra-fast internet connections have turned the small country into one of the preferred destinations to mine cryptocurrency.
Some members of the Government of Iceland have proposed to tax the profits obtained by the bitcoin mining companies.

Iceland could soon start allocating more electricity to mine bitcoin than that consumed by all households in the country, says an Icelandic energy expert.

The energy used by the Icelandic bitcoin mining market is experiencing "exponential growth", so data centers in the country could consume more energy than all Icelandic households in 2018, explains the BBC expert. Icelandic energy company HS Orka Johann Snorri Sigurbergsson.

Sigurbergsson also assures that HR Orka "will not have enough energy" to ensure the supply of the numerous data centers that are expected to open in the country.

Bitcoin mining is the process that occurs when computers within a chain of blocks verify bitcoin transactions on the basis of the resolution of complex mathematical problems and, in return, receive bitcoins as a reward.

Sigurbergsson assures the BBC that, according to his calculations, the cryptocurrency mining in Iceland is around 840 gigawatt-hours of electricity per year to power the necessary computers and cooling systems. By contrast, households in the country consume around 700 gigawatt-hours.

Fuente: http://www.msn.com/es-ve/dinero/noticias/islandia-podr%c3%ada-llegar-a-consumir-m%c3%a1s-electricidad-para-minar-bitcoin-que-la-utilizada-por-todos-sus-hogares-asegura-un-experto/ar-BBJ9PZq?li=AAgh0dF&ocid=iehp

Sort:  

Hola @magdamarcano8, upv0t3
Este es un servicio gratuito para nuevos usuarios de steemit, para apoyarlos y motivarlos a seguir generando contenido de valor para la comunidad.
<3 Este es un corazón, o un helado, tu eliges .

: )


N0. R4ND0M:
8372 3216 6946 6515
9615 2062 6000 9266
8315 1033 4486 7593
6640 6442 4882 3214

Congratulations @magdamarcano8! You received a personal award!

1 Year on Steemit

Click here to view your Board

Support SteemitBoard's project! Vote for its witness and get one more award!

Congratulations @magdamarcano8! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.23
TRX 0.26
JST 0.040
BTC 98004.63
ETH 3487.60
USDT 1.00
SBD 3.26