/Iceland may use more electricity mining bitcoin than powering homes this year

Iceland may use more electricity mining bitcoin than powering homes this year



Iceland will likely use more electricity in the next year to mine bitcoin than it uses to power every single home in the country. Bitcoin mining is booming in Iceland, and energy providers are worried they won’t be able to power new mining companies. Iceland’s cool weather, cheap energy and super-fastĀ …

Source: Iceland may use more electricity mining bitcoin than powering homes this year