Iceland and Bitcoin Mining

As you may already know, Bitcoin mining is taking a huge amount of electricity to validate the transactions. In Iceland this year the mining farm will take more energy than households in the country.

This is one of the reasons Bitcoin has so much value!

Source: https://cointelegraph.com/news/iceland-crypto-mining-companies-will-consume-more-energy-than-households-in-2018

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Check out my previous posts on my crypto blog

1. Decentralized Infrastructures Coins and Their Mysterious Power - https://chesatochi.com/decentralized-infrastructures-coins-mysterious-power/
2. Crypto Market – Craziness of the Market and DIP - https://chesatochi.com/crypto-market-craziness-dip/
3. CoinGecko – Little Trick to Convert any Crypto to Fiat Money Value - https://chesatochi.com/coingeko-crypto-fiat-conversion/
4. Top 20 Crypto Tips for Investing and be Smarter with your Decisions - https://chesatochi.com/top-20-crypto-tips-investing/ -
5. Top ICOs February 2018 - https://chesatochi.com/top-icos-february-2018/
6. Sola.ai review – The Paradise of Pictures and get Paid for It - https://chesatochi.com/sola-ai-review/

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