Tag: iceland

  • Iceland
    Industry

    Abundant Renewable Energy Makes Iceland a Crypto Mining Powerhouse

    Few countries around the world lend themselves to cryptocurrency mining. Iceland has always been a key region in this regard. Although it was never designed to become a hub for cryptocurrency mining, this new business model has introduced a few changes in the country over the years. It...

    JP Buntinx | June 21, 2018 | 1:00 pm
  • Bitcoin
    Bitcoin

    How Will Bitcoin Solve Its Energy Consumption Problem?

    If Bitcoin were a country, it would be the 40th largest consumer of electricity in the world. A new research paper has highlighted the growing problem as major cryptocurrencies seek to solve it. Bitcoin’s Energy Crisis Explored According to the figures, the amount of energy used for each...

    tim copeland | May 21, 2018 | 7:00 pm
  • iceland
    Bitcoin

    Iceland: Authorities Hold Two Suspects Over Bitcoin Mining Theft

    Eleven individuals have been arrested in Iceland over the theft of 600 Bitcoin mining rigs. The thefts occurred in December and January. Authorities are labelling the incident the largest organised robbery in the history of the small island nation. Mining Rigs Don’t Require Reselling for Criminals to Profit...

    Rick D. | March 2, 2018 | 9:45 pm
  • iceland
    Bitcoin

    Iceland May Implement Bitcoin Mining Tax

    Mining Bitcoin can be a lucrative venture under the right circumstances. With access to sufficient hardware, the mining process becomes a lot easier. Additionally, operators need cheap electricity to keep operational costs low. In Iceland, it seems the demand for electricity is on the rise thanks to Bitcoin...

    JP Buntinx | February 12, 2018 | 1:30 am
  • Pirate Party Iceland
    Uncategorized

    Bitcoin May Receive Boost under Pirate Party’s in Iceland

    Iceland may soon turn favorable for Bitcoin and blockchain startups as the Pirate Party is expected to partner with other political parties to form the country’s government. The party has received an invitation from the country’s president to be part of the power-sharing pact following the recent elections....

    Gautham | December 3, 2016 | 7:00 pm
  • Pirate Party Iceland
    Bitcoin

    Update: Iceland’s Pirate Party and What Could Happen for Bitcoin

    Iceland’s Pirate Party was the subject of several news bulletins regarding its run in last Saturday’s elections. Granted the party achieved major success, members of the group would make up nearly a third of the parliamentary seats. The elections have come and gone, and while many consider the...

    Guest Author | October 31, 2016 | 11:00 pm
  • Pirate Party Iceland
    Bitcoin

    How Iceland’s Pirate Party Could Pave the Way for Bitcoin

    The Pirate Party in Iceland is not a team of seafarers with parrots on their shoulders scouring for treasure, but rather a radical political unit poised to take power in Iceland. The group was founded about four years ago by a team of alleged hackers and activists; it...

    Guest Author | October 27, 2016 | 11:00 pm

NewsBTC is a news service that covers bitcoin news, technical analysis & forecasts for bitcoin and other altcoins. Here at NewsBTC, we are dedicated to enlightening people all around the world about bitcoin and other cryptocurrencies. We cover news related to bitcoin exchanges, bitcoin mining and price forecasts for various virtual currencies.

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