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Bitcoin Miners Draw From Iceland’s Surplus of Renewable Energy

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Not only does Iceland run almost entirely on renewable energy, it has historically operated at a surplus. Bitcoin miners and other digital asset generators have been buying up that extra energy to power data centers across the island nation. But some environmentalists worry the exponential electricity demands of the controversial asset class will inevitably result in more power plants, which could damage Iceland’s unique ecosystems.

#crypto #bitcoin #iceland

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