Cryptocurrency mining in Iceland is using so much energy, the electricity may run out

Cryptocurrency mining in Iceland is using so much energy, the electricity may run out

The value of bitcoin may have stumbled in recent months, but in Iceland it has so far only known only one direction: upward. The stunning success of cryptocurrencies around the globe has had a more unexpected repercussion on this island of 340,000: It could soon result in an energy shortage in the middle of the Atlantic Ocean. As […]
Source: Washingtonpost.com – World
Cryptocurrency mining in Iceland is using so much energy, the electricity may run out