/Iceland Expects to Use More Electricity Mining Bitcoin Than Powering Homes This Year

Iceland Expects to Use More Electricity Mining Bitcoin Than Powering Homes This Year



Cryptocurrency mania might have gone a little too far in Iceland. The region’s energy company says Bitcoin mining is becoming so popular that the country will likely use more electricity to mine coins than power homes this year. That could cause problems, though, as officials warn they won’t have …

Source: Iceland Expects to Use More Electricity Mining Bitcoin Than Powering Homes This Year