/In Iceland, bitcoin mining will soon use more energy than its residents

In Iceland, bitcoin mining will soon use more energy than its residents



Johann Snorri Sigurbergsson, a manager at Hitaveita Sudurnesja, an energy firm, told the Associated Press that he expected Bitcoin mining to hit 100 megawatts this year. “Four months ago, I could not have predicted this trend—but then bitcoin skyrocketed and we got a lot more emails,” he said.

Source: In Iceland, bitcoin mining will soon use more energy than its residents