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Topic: [2018-02-13]Iceland to Use More Electricity Mining Bitcoin Than Powering House (Read 137 times)

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WoW, how much does cost you when you do bitcoin mining?

Is worth it? Guess the answer is yes, that is why so many people are doing it
member
Activity: 82
Merit: 11
The tile of the news is a little bit longer than shown, the title is: "Iceland Expects to Use More Electricity Mining Bitcoin Than Powering Homes This Year".

Cryptocurrency mania might have gone a little too far in Iceland. The region’s energy company says Bitcoin mining is becoming so popular that the country will likely use more electricity to mine coins than power homes this year.

That could cause problems, though, as officials warn they won’t have sufficient energy to supply the number of proposed Bitcoin mining centers (if those facilities do indeed open).

The details can be read from http://fortune.com/2018/02/13/iceland-bitcoin-mining-electricity/
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