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Iceland’s Prime Minister Katrín Jakobsdóttir has vowed to focus more power on producing food internally while reducing the energy expenditure in data centers and bitcoin mining. Jakobsdóttir stated that while…
According to a study called “A World of NFT Adoption” published by nftclub.com, the United States has the most non-fungible token (NFT) company headquarters in the world. While the U.S.…
Cryptocurrency mining is among several energy-intensive industries hurt by a power deficit in Iceland. The country’s main utility is now rejecting requests to connect new coin minting facilities to the…
Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service.
The government in Norway is considering ways to limit the environmental impact of cryptocurrency mining and may support Swedish proposals to that end, including a European ban on proof-of-work mining.…