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Iceland is facing an “exponential” rise in Bitcoin mining that is gobbling up power resources, a spokesman for Icelandic energy firm HS Orka has said. This year, electricity use at…
Bitcoin uses as much energy as Switzerland, a new online tool from the University of Cambridge shows. The tool makes it easier to see how the crypto-currency network’s energy usage…
According to state TV reports, authorities in Iran have seized roughly 1,000 Bitcoin mining machines from two former factories. The action was taken following a spike in electricity consumption. Power…