Iceland: Crypto Mining Companies Will Consume More Energy Than Households In 2018๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž๐Ÿ˜Ž

in #steemit โ€ข 7 years ago

unnamed (4).pngAssociated Press reported on Monday (February 12) that Iceland plans to use more energy than mine than domestic domes. Natural Cold Climate and the Role of Renewable Energy The main reason for the flow of Nordic Scandinavian Mining Organization

Sigurbergsson was not able to predict AP four months ago, but Bitcoin went to heaven. "He said he had just met 18 mint of a mining company, buying 18 megawatts.

The plant's mining equipment requires a lot of energy to approximate the finding of a "flower" and then the mine offers a bitcoin prize. A large number of fuel mining techniques are used by the use of pro-proof-of-work alternatives, or using power-renewable renewable energy.

Kflyc, located in the southern peninsula of Iceland, is home to three of the world's largest Bitcoin field houses. This mining "farm" walls allow to navigate, of course, that cold air, which opened many elements.

Mining companies are no longer loaded in the United States, and Washington's widespread movement has started using free state electrical infrastructure information for a small circle of additional 100 megawatts.

Iceland Smari McCarthy Char Party, 2008 financial crash, the Finnish Parliament, which is part of the anti-establishment political parties, "setting a mining company, that allowed the department to get the right to gain tax brought by the bittacemaining mining country," he said.

Despite the potential benefits, McCarthy does not believe that Bitcoin mines can be Island, in the AP report:

"We spend dozens or perhaps hundreds of megawatt in some of the things which do not matter, and do not use real people for financial estimates." It can not be good.๐Ÿ˜ฐ๐Ÿ˜๐Ÿ˜๐Ÿ˜ƒ๐Ÿ˜ƒ๐Ÿ˜ƒ๐Ÿ˜†๐Ÿ˜† upvot me all follwe me