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

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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 […]

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The post Cryptocurrency mining in Iceland is using so much energy, the electricity may run out appeared first on NewsPR.

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