Iceland Will Use More Power Mining Bitcoin than Powering Homes This Year

Sooooo, bitcoins. Big thing, rapidly losing value, possibly a scam. Also, it seems that Iceland — a whole country, Iíll remind you — might well use more power making Bitcoins in 2018 than […] The post Iceland Will Use More Power Mining Bitcoin than Powering Homes This Year appeared first on Geek.com.

Bitcoin energy use in Iceland set to overtake homes, says local firm

Data centres mining the crypto-currency will use more electricity than homes this year, an energy firm says.

Mon 12 Feb 18 from BBC Technology

New gold rush: Energy demands soar in Iceland for bitcoins

KEFLAVIK, Iceland (AP) -- Iceland is expected to use more energy mining bitcoins and other virtual currencies this year than it uses to power its homes....

Sun 11 Feb 18 from AP

  • Pages: 1

Bookmark

Bookmark and Share