6 years ago
New gold rush: Energy demands soar in Iceland for bitcoins
Iceland is expected to use more energy mining bitcoins and other virtual currencies this year than it uses to power its homes. With massive amounts of electricity needed to run the computers that create the precious bitcoins, large virtual currency mining companies have established a base in Iceland, a chilly North Atlantic island blessed with an abundance of renewable energy from geothermal and hydroelectric power plants.
Continue Reading
http://abcnews.go.com
Join the Discussion