Crypto Cooldown: Iceland’s Bitcoin Miners Turn to Blockchain Enterprise

Iceland has long been a prominent hub of bitcoin mining due to 98% of its electricity coming from renewable geothermal energy and a cold climate favoring mining farms which must be kept cool can run massive air conditioning bills in warmer areas. The power usage effectiveness (PUE) of the country is as low as 1.03,

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Crypto Cooldown: Iceland’s Bitcoin Miners Turn to Blockchain Enterprise written by Conor Maloney @ https://www.ccn.com/crypto-cooldown-icelands-bitcoin-miners-turn-to-blockchain-enterprise/ September 26, 2018 Conor Maloney

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