/Iceland Could Use More Energy Mining Bitcoin Than Powering Homes in 2018

Iceland Could Use More Energy Mining Bitcoin Than Powering Homes in 2018



Iceland is expected to use more energy processing Bitcoin transactions in 2018 than it uses to power its homes, consuming some 840 gigawatt-hours of electricity related to the cryptocurrency this year, according to the Icelandic energy firm HS Orka, several news outlets reported. The country has a …

Source: Iceland Could Use More Energy Mining Bitcoin Than Powering Homes in 2018