Article Details

Iceland Electricity Crisis Looms as Coin Mining Takes Off

Retrieved on: 2018-02-15 02:45:00

Tags for this article:

Click the tags to see associated articles and topics

Iceland Electricity Crisis Looms as Coin Mining Takes Off. View article details on hiswai:

Excerpt

<div>Bitcoin becomes less profitable to mine as fewer of them remain and the energy use becomes more intensive. “The <b>economics of Bitcoin</b> mining mean that most miners need access to reliable and very cheap power on the order of 2 or 3 cents per kilowatt-hour,” Sam Hartnett, an associate at the nonprofit ...</div>

Article found on:

View Original Article

This article is found inside other hiswai user's workspaces. To start your own collection, sign up for free.

Sign Up