How Iceland became the bitcoin miners’ paradise
The island nation is the first to use more electricity on mining cryptocurriencies than on its households – thanks in part to its magma-fuelled power plants
by Alex Hern
Feb 13, 2018
1 minute
Bitcoin’s price may be down more than 50% from its highs in December, but no one has told Iceland, where the cryptocurrency and its offspring are reshaping the economy.
, an employee of the energy company HS Orka, Icelandic
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