In Iceland, Bitcoin Mining Could Suck Up More Energy Than Homes

Mining bitcoin is not a task for your average Joe. As far back as 2014, researchers estimated that profitable bitcoin mining was out of the reach of commercial hardware. The increasing difficulty of solving the equations that yield the digital currency means that it takes an entire server farm today to make it worth it. And you also might have to move to Iceland.
Hot Water, Cold Air
The tiny island country has become a hotbed of bitcoin activity because it’s got an excess of two of the mos

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