Wasteful? Iceland Farmers Says Bitcoin Mining is ‘Too Good to Be True’

A relatively small cryptocurrency mining operation in Iceland has come up with a simple, yet effective solution cryptocurrency mining’s electricity issues. It uses excessive geothermal energy from farmers’ machines to power up the mining equipment in a win-win situation. Farmers to the Rescue A relatively small cryptocurrency mining operation run by Icelandic math teacher Krista Hennesdottir […]

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Iceland’s Crypto Mining Theft Mastermind Rearrested after ‘Daring’ Prison Escape

Nikita Blows · April 24, 2018 · 3:00 pm The alleged organizer of a string of computer thefts in Iceland has been arrested in Amsterdam after going on the run from an Icelandic prison. The computers in question were used for cryptocurrency mining operations. Escaping from prison tends to conjure up images of blueprints tattooed […]

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MoonLite Confirms Power & Distribution for Massive Mining Operation in Iceland

Bitcoinist.net · March 17, 2018 · 7:00 pm The MoonLite Project, which aims to dominate the cryptocurrency mining industry through the creation and operation of multiple industrial-scale data centers powered completely by green energy, has secured both power and distribution in a highly-competitive region of Iceland. Making Connections The MoonLite Project is based in the […]

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