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Iceland will soon use more energy mining bitcoins than powering its homes

Retrieved on: 2018-02-15 08:56:15

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Iceland will soon use more energy mining bitcoins than powering its homes. View article details on hiswai:

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<div>"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 energy research and consulting group Rocky Mountain Institute, told The Washington Post. The computers ...</div>

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