“Data centers may use more energy than all of the country’s homes in 2018, Johann Snorri Sigurbergsson from Icelandic energy company HS Orka told the BBC. Bitcoin mining thrives in Iceland, where energy is cheap, and internet connections use super fast fiber-optic networks. Additionally, Iceland’s cold climate plays an important role in ensuring crypto utilities don’t overheat.”
Read more: http://www.businessinsider.com/iceland-bitcoin-mines-are-booming-2018-2
Related posts:
18 Signs That Global Financial Markets Are Entering A Horrifying Death Spiral
High-Profile Dutch Lawyer Welcomes Bitcoin Payments
Rep. Peter King: Punish journalists who report classified information
Sovietizing the Homeland Security State
Congress proposes adding $4.5 billion to historic highs spent on border security
The rise of BitPay [infographic]
Overstock.com CEO Patrick Byrne Discusses $1 Million Bitcoin Sales
Here's Why The Winklevoss Twins LOVE Bitcoin
International Bank Transfers: Banks’ Ugly Secret and Why Bitcoin Really Matters
Federal Judge Eviscerates Albuquerque's 'Asset Forfeiture' Racket
'South Park' tackles the NSA, just not as expected
Off-Duty Cop Wrestles, Slams Woman Into Car After Fender-Bender
DOJ's 'Operation Choke Point' Closing Legal Websites' Bank Accounts
854,000 U.S. Government Snoopers
Edward Snowden’s father: ‘Absolutely no faith’ son would get fair trial in U.S.